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Gloucestershire Business News

£550,000 – 3 Mackenzie Way, Manor Road, Cheltenham

The property forms part of a modern terrace of units on the western side of Mackenzie Way.

The premises are of steel portal frame construction, under a pitched roof with translucent roof panels.

Concrete block interior walls with brick and profile sheet cladding to the front elevations. Concrete floor.

Energy Performance Certificate (EPC): The property has an energy efficient rating of Band D.

Location:

Mackenzie Way is located at the edge of Kingsditch Trading Estate off the A4019 Tewkesbury Road at its junction with Manor Road, close to Gallagher Retail Park and Sainsbury's.

Approximately 1.5 miles west of the town centre. Access to junctions 10 and 11 of the M5 motorway (approximately 2.5 miles) providing ease of access to Bristol, M4 and north to Worcester and Birmingham M50 and M42.

Accommodation:

Approximate Floor Areas

Ground Floor: 500.69 sq m (5,390 sq ft)

Including partitioned offices, staff room, Ladies & Gents WC facilities and kitchenette.

First Floor Offices: 48.96 sq m (527 sq ft)

Mezzanine: 78.95 sq m (850 sq ft)

Total Gross Internal Area (excluding the mezzanine): 549.65 sq m (5,917 sq ft)

Note: Additional internal office and works areas have been installed by the current tenant.

Specification includes:

  • 650lbs floor loading
  • 5.94 eaves height
  • Roller shutter door 4.47 m x 5.28 m
  • Three phase electricity
  • Security alarm
  • Gas fired wet system heating to offices
  • Forecourt with loading bay and 10 car spaces.

Lease & Rent:

Available on a new full repairing and existing lease for a term to be agreed at a commencing rent of £48,000 per annum exclusive of outgoings. A rent deposit may be required.

Price:

A sale of the Freehold interest could be considered at a price in the region of £550,000 exclusive of VAT.

Business Rates:

Source: Valuation Office Agency website.

Rateable Value - £41,000.

RICS code for leasing business premises

A copy of the RICS Code for Leasing Business Premises is available on request, and can be located by clicking the following link.

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

Legal costs:

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

Contact:

John Ryde Commercial 

01242 576276

enquiries@johnryde.co.uk 

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