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Gloucestershire Business News

Former EFT Unit, Malvern View Business Park, Stella Way, Cheltenham

The unit is of steel portal frame construction with part brickwork and profile steel cladding above, under a lined and insulated roof incorporating translucent roof panels. Within the warehouse there is a single sectional overhead loading door (4.5 m wide by

4.78 m high) with a glazed personnel door to the front elevation. Four gas fired blower heaters service the warehouse, plus there is low level track fluorescent strip lighting and power.

The west elevation of the property incorporates two storey offices with suspended ceilings, part carpet / part vinyl flooring, perimeter trunking, gas central heating and air conditioning. There is a small toilet block off the main office entrance at ground floor level.

Externally there is a large loading and servicing area to the front and a car park to the west side accommodating a generous 41 car parking spaces. There is potential for an extension or additional car parking at the rear of the site (subject to planning).

EPC: The property has an energy rating of E (102). A copy of the Energy Performance Certificate can be made available on request.

Location details:

The property is located on Malvern View Business Park, about 5 miles from Cheltenham town centre and 6.5 miles / 5.6 miles from junctions 9 and 10 of the M5 motorway respectively.

Located to the west of Bishops Cleeve and north of Stoke Orchard Road, the business park has been developed in phases since the early 1990's, with current occupiers including Edgewest Plastics Ltd, PKL Group, Cleeve Fire Protection Ltd, Blade Room Group, MSD Evolution and Skyline Systems.

Accommodation:

The approximate Gross Internal Area (GIA) is as follows:

Warehouse: 1,018.11 sq m (10,959 sq ft)

Ground Floor offices: 249.11 sq m (2,681 sq ft)

First Floor offices: 265.54 sq m (2,858 sq ft)

Total: 1,532.76 sq m (16,499 sq ft)

Terms:

Available on a new full repairing and insuring lease for a term of years to be agreed incorporating regular upward only rent reviews.

Rent:

£99,000 per annum exclusive.

Rates:

Rateable Value: £87,000

The above information was obtained from the Valuation Office website. Interested parties should make their own enquiries of the billing authority (Tewkesbury Borough Council) to verify the current rates payable.

VAT:

VAT may be payable on the rent or any other charges or payments detailed.

All figures quoted are exclusive of VAT and intending lessees must satisfy themselves as to the VAT position by taking appropriate professional advice.

Legal costs:

Each party to bear its own legal costs incurred in the transaction.

Contact:

KBW

01242 244744

enquiries@kbw.co.uk 

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