The property comprises a two-storey modern business unit suitable for office or light industrial/research use. Personnel access is via the front elevation and there is an up and over loading door to the end elevation.

The unit benefits from:

• Air conditioning throughout together with gas heating.
• Male & Female WCs
• Accessible WC on the ground floor
• Staff Kitchen/Breakout Area
• 11 car spaces adjacent to the building

EPC: The building is assessed at an energy efficiency rating of D89.

A copy of the certificate is available upon request.

Location:

The A4019 Tewkesbury Road is one of the main arterial roads from Cheltenham town centre to the M5 motorway (junction 10). The property is situated on the northern side of Tewkesbury Road accessible from both east bound and west bound carriageways.

Accommodation:

Approximate measurements & Net Internal Floor Areas

Ground Floor: 2,634 sq ft (266.48 sq m)

First Floor: 2,590 sq ft (264.65 sq m)

Total: 5,224 sq ft (485.33 sq m)

Rental:

£60,000 per annum.

Services:

Mains gas, electricity (including phase 3), water and drainage are connected to the property. Drainage is via a private connection through Manchester Park to the main connection.

Business Rates:

The premises has a Rateable Value of £32,250.

Source: Valuation Office Agency website.

Lease terms:

The premises are available on a new full repairing and insuring lease for a term of years to be agreed subject to upward only rent review at the end of the fifth year as applicable, at an initial rent of £60,000 per annum.

Estate service charges:

The tenant will be responsible for the payment of an estate service charge.

VAT:

The property is elected for VAT.

Legal costs:

Each party are to be responsible for their own legal costs incurred during this transaction.

RICS Code for Leasing Business Premises:

A copy of the RICS Code for Leasing Business Premises is available upon request, and can be located here.

It is advised that all parties take independent professional advice during a commercial lease transaction.

Contact:

John Ryde Commercial 

01242 576276

enquiries@johnryde.co.uk