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Gloucestershire Business News

Cheltenham - 10 Rotunda Terrace, Montpellier Street

Description:

The property is a Grade II Listed mid terrace building with retail accommodation arranged over the ground and lower ground floors with a 2 bedroom apartment above. The retail unit and apartment are accessed from a communal entrance hall off Montpellier Street.

The property has been refurbished to a high standard throughout.

To the rear of the property there is an enclosed yard which has potential to create off road parking.

Location details:

The property is located in the sought after district of Montpellier having a wide range of fashion shops, banks, professional offices and restaurants. It is situated in the middle of Montpellier Street, a short distance from Montpellier Walk and The Promenade, the premier shopping street in the town.

Accommodation:

Approx. net internal area

Retail premises:

Ground floor: 34.9 sq m (376 sq ft)

Lower ground floor: 44.52 sq m (479 sq ft)

Rates:

Rateable Value: £14,500

Rate in the £ 2017/2018: 0.479

Prospective occupiers should check with the Local Authority to establish any transitional relief that may be applicable.

The flat is listed within Band B for Council Tax purposes.

Planning:

The property has been used for general retail and residential which fall within Classes A1 and C3 of the Use Classes Order 1987. It may suit alternative uses subject to the necessary consents being obtained.

Terms:

The property is offered freehold subject to an assured shorthold tenancy (AST) in place for the apartment. Further details available from agents upon request.

VAT:

Under the Finance Acts 1989 and 1997, VAT may be levied on the price. We recommend that the prospective purchasers establish the implications before entering into any agreement.

Legal Costs:

Each party to bear their own costs incurred in the transaction.

Contact:

Ash & Co 

Simon McKeag 07737 691453

Rebecca Rigg 01452 300433

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