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Gloucestershire Business News

Ground Floor, St. James House, St. James Square, Cheltenham

St. James House is a purpose built five storey office building with basement of Bath stone construction, providing over 80,000 sq ft of office accommodation. The ground floor provides modern office space benefiting from a raised floor, suspended ceiling and air conditioning.

With excellent natural light and good floor to ceiling height, the ground floor office suite is mainly open plan including partitioned meeting rooms and storage. The basement provides storage accommodation to be used as ancillary to the ground floor office operation.

Facilities within the common parts include male and female WC's on each floor, shower facilities, cycle storage, 24-hour security, commissionaire and passenger lifts.

Externally there is an allocated 29 car parking spaces.

EPC: St. James House has an energy rating of D (77). A copy of the Energy Performance Certificate can be made available upon request.

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.

St. James House is centrally located in the established office location of St. James Square. Other nearby occupiers include BPE Solicitors, Barnett Waddingham, Wiggin Solicitors, Knights PLC as well as many others.

Accommodation:

The approximate net internal areas are as follows:

Ground floor: 1311.5 sq m (14,117 sq ft)

Basement storage: 130.1 sq m (1,400 sq ft)

Total: 1,441.6 sq m (15,517 sq ft)

Terms:

Available by way of assignment or sublease in reference to an existing lease. Alternatively, consideration may be given to terms for a new lease, subject to landlord's consent.

Rent:

Rent on application.

Service charge:

A service charge will be levied by the landlord and recoverable from the Tenant as a contribution towards the upkeep, maintenance and management of the common areas.

Planning:

Class B1 (a) Office use.

Rates:

There are currently a number of assessments encompassing the ground floor office suite as follows.

Rateable Values:

Ground Floor Right: £61,500

Pt Basement & Suites A-B Ground Floor - £86,500

The above information was obtained from the Valuation Office website. Interested parties should make their own enquiries of the billing authority (Cheltenham 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. Landlord's cost (if applicable) to be covered by the transacting parties.

Contact:

KBW Chartered Surveyors

01242 244744

enquiries@kbw.co.uk  

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