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Gloucestershire Business News

11 Bath Mews, Bath Parade, Cheltenham

The building forms part of a purpose-built courtyard development with painted and rendered brickwork elevations under a pitched tiled roof with flat felted roof to the rear.

11 Bath Mews is self-contained with its own front door and accommodation over three levels, including a kitchenette and WC facilities.

The offices are carpeted throughout and benefit from gas central heating, perimeter trunking and fluorescent strip lighting.

Externally, the property has two car parking spaces.

EPC: To be reassessed.

Location:

Bath Mews is situated to the east of the town centre on Bath Parade which links Bath Road to College Road.

Bath Road provides good transport links to the rest of the town, A40 and M5.

There is a public car park at the junction of Bath Road and Bath Parade which is less than 100m from the Bath Mews development.

The town's high street is also a short walk away.

Accommodation:

The approximate net internal floor areas (NIA) are as follows:

Ground Floor: 20.31 sq m (219 sq ft)

First Floor: 23.9 sq m (257 sq ft)

Second Floor: 22.03 sq m (237 sq ft)

Total NIA: 66.24 sq m (713 sq ft)

Rent:

£15,500 per annum exclusive.

Terms:

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

Service charge:

A service charge is payable toward the upkeep and maintenance of the external communal areas.

More information available upon request.

Rates:

Rateable Value: £8,500.

Small business rate relief may be achievable. 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.

Code for Leasing Business Premises (2020):

All tenants should be aware of the Code for Leasing Business Premises and are recommended to seek professional advice relating to this, or any, commercial property letting transaction.

VAT:

We understand VAT is not payable on the rent.

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 Property Consultants 

01242 244744

enquiries@kbw.co.uk 

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