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Gloucestershire Business News

Britannia House, Herrick Way, Staverton, Cheltenham

Modern open plan office accommodation with suspended ceilings, sensored automatic recessed fluorescent strip lights, underfloor trunking, comfort cooling and gas central heating.

EPC: The building has an energy performance rating of C (74). Copy available upon request.

Location:

Staverton is strategically located between Cheltenham and Gloucester on the B4063 Old Cheltenham Road. 

Junctions 10 and 11 of the M5 motorway are within approximately 2.5 miles. The area is an established commercial location, popular with businesses associated with the Gloucestershire Airport. 

Nearby occupiers within Staverton Technology Park include Harbour Key, Pennant, Creed Food Services, Horsebridge Network Systems and Future Advanced Manufacture.

Accommodation:

The approximate Net Internal Areas are as follows:

Ground Floor: 466.17 sq m (5,018 sq ft)

First Floor: 468.78 sq m (5,046 sq ft)

Total: 934.95 sq m (10,064 sq ft)

For Sale Terms:

The whole building is available freehold, subject to a lease of the ground floor to SeventyNine Lighting Ltd (Company No. 05812786) expiring 24th March 2024, excluding security of tenure, at a passing rent of £75,270 per annum exclusive. 

The first floor is vacant. Guide price for the whole of £1.7 million, subject to the existing lease on the ground floor and vacant possession on the first floor.

To Let Terms:

Alternatively, consideration will be given to a letting of the whole or in part. 

Rent based upon £14 per sq ft for the first floor as a whole. 

Alternatively, the first floor can be split into two suites of circa 2,500 sq ft each. Rent based upon £15 per sq ft.

Rates:

Rateable Values:

Suite 1 (GF): £30,750

Suite 2 (GF): £30,500

First Floor: £55,000

Car Spaces 1-21: £3,350

Car Spaces 22-43: £3,500

VAT:

VAT is payable on the price/rent and/or any other charges or payments detailed. All figures quoted are exclusive of VAT and intending purchasers/lessees must satisfy themselves as to the VAT position by taking appropriate professional advice.

Legal costs:

Each party to bear its own legal costs.

Contact:

KBW Property Consultants 

01242 244744

enquiries@kbw.co.uk 

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