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Gloucestershire Business News

First Floor, 12 Royal Crescent, Cheltenham

12 Royal Crescent provides serviced office accommodation, and the subject office is location on the first-floor level with views to the front and rear of the building. The office is fully carpeted with good natural light and features period alcove detailing. Kitchen and WC facilities are shared with other occupiers. The building has been well maintained.

One car parking space is available within the annual rent. Further spaces may be available at an additional charge subject to availability.

EPC: The property is listed and therefore believed to be exempt.

Location:

Cheltenham is a large spa town on the edge of the Cotswolds, famous for its Regency Architecture. The town has good access to the motorway network with junctions 10 and 11 within 4 miles of the town centre. The A417/9 provides easy access to Swindon and the M4 to London.

The premises are centrally located on Royal Crescent just off Clarence Parade which forms part of the inner ring road system and in proximity to the town's famous Promenade. The building forms part of Royal Crescent; a terrace of Grade II* listed buildings built at the turn of the 19th Century and believed to be the earliest important Georgian terrace to have been building Cheltenham (source: Historic England). Originally private homes, Royal Crescent is now formed largely of office occupiers who benefit from the proximity to the Promenade and the High Street.

Other nearby occupiers include Cheltenham Borough Council, Hughes Paddison, Royal Crescent Surgery, Winston's Wish charity and the newly opened No. 3 restaurant which is located in the same building. No. 3 restaurant is an exciting new addition to Royal Crescent opened by Phil Vickery MBE, former England Rugby, and MasterChef winner.

Accommodation:

The approximate net internal floor area (NIA) is as follows: 67.35 sq m (725 sq ft).

Rent:

£14,500 per annum exclusive.

Service charge:

There is a separate service charge payable which includes repairs to the common parts, heating, lighting, and office cleaning.

Tenants are responsible for their own phone and broadband lines, contents insurance and business rates.

Rates:

Small business rate relief may be available. Applicants are recommended to confirm this with the local billing authority, Cheltenham Borough Council.

VAT:

VAT is payable on the rent and service charge. All figures quoted are exclusive of VAT and intending Tenants must satisfy themselves as to the VAT position by taking appropriate professional advice.

Legal costs:

Each party is responsible for its own legal costs in connection with the transaction.

Contact:

KBW Chartered Surveyors 

01242 244744

enquiries@kbw.co.uk 

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