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Gloucestershire Business News

First floor, 82 – 84 High Street, Cheltenham

The first-floor accommodation is approached from street level via a fully glazed aluminium framed entrance door with fitted roller shutter, leading to a hallway and staircase to the first-floor landing with doors on either side giving access to two larger rooms.

There is further access to a WC off the hallway. The larger of the two-room gives access to mezzanine kitchen and WC.

The premises benefit from new LED lighting, night storage heater, and good natural lighting with large sash windows to the front and rear of each room.

Location details:

The property is situated within the centre of Cheltenham to the East end of the High Street within the Strand pedestrianised area opposite Iceland Frozen Foods. Other occupiers within the immediate vicinity include Subway, Sainsburys local, and Superdrug. The area enjoys excellent passing footfall in front of the property.

There are excellent road communications with the M5 motorway lying on the Western fringes of the town and the main A40 road providing access to the West Country, Oxford and London to the East.

Accommodation:

Approximate Net Internal area

Room 1: 42.32 sq m (455 sq ft)

Room 2: 34.34 sq m (370 sq ft)

Kitchen: 6.99 sq m (75 sq ft)

Total: 83.65 sq m (900 sq ft)

Rates:

The assessment appearing on the Valuation Office Agency website is as follows:

Rateable Value: £4,900

Rate in £ 2020/2021: 0.499

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

Planning:

The property has consent for use as offices which fall within Class A1 of the Use Classes Order 1987. The premises may suit a range of uses subject to the necessary consents being obtained.

Terms:

New lease is available for a multiple term of 3 years. subject to upward rent reviews at three yearly intervals.

VAT:

The property is not elected for VAT.

Service charges:

A Service Charge is levied to recover 25% of the cost of the landlord maintaining the exterior of the property and the landlord's building insurance.

Legal costs:

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

Contact:

Ash & Co 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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