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Gloucestershire Business News

Industrial - Units 21-23 Malmesbury Road, Cheltenham

The properties comprise steel framed, terraced industrial warehouse units underneath pitched roofs which incorporate translucent roof panels at regular intervals.

Each unit includes a UPVC clad section within the front elevation, which incorporates personnel doors and UPVC double glazed windows at ground and first floor levels.

Internally, each unit includes offices at ground and first floor levels to the front with open warehouse accommodation to the rear, three phase power supply, concrete floor, WC facilities and a concertina loading door. The majority of units also include suspended sodium spotlights in the warehouse area. A mezzanine floor is included in Unit 21.

Externally, each unit benefits from loading and parking areas within the secure, fenced and gated site.

Energy Performance Certificate (EPC):

Unit 21: 109 (E)

Unit 22: 113 (E)

Unit 23: 113 (E)

Location details:

Malmesbury Road is located within the established Kingsditch area of the town approximately 2 miles west of Cheltenham town centre in close proximity to the town's primary retail parks.

Junction 10 of the M5 motorway is approximately 3 miles to the west and junction 11 approximately 3.5 miles to the south.

Other occupiers on Malmesbury Road include Exhaust Tyres and Batteries (Worcester) Limited, Regent RS, CA Honemaster, Apperley Honing, Qing Cables and Susan Molyneux Cosmetics.

Accommodation:

Unit 21: 219.2 sq m (2,359 sq ft)

Unit 22: 147.8 sq m (1,591 sq ft)

Unit 23: 153.2 sq m (1,649 sq ft)

Further accommodation is available on the adjoining site of 455.98 sq m (4,908 sq ft)

Read more: Industrial - Unit 12 Malmesbury Road, Kingsditch Trading Estate, Cheltenham 

Quoting Rent:

Unit 21: £18,875

Unit 22: £13,500

Unit 23: £14,000

Terms:

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

Rates:

Rateable Value:

Unit 21 - £15,000

Unit 22 - £6,100

Unit 23 - £8,800

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 is payable on the rent and/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.

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 estate and common areas.

Legal costs:

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

Contact:

KBW

01242 244744

enquiries@kbw.co.uk 

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