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Gloucestershire Business News

Lower ground floor offices, 16 Imperial Square, Cheltenham

The property comprises a 19th century mid terraced Grade II* listed building.

The self-contained office suite is located on the lower ground floor level. The property is accessed by stone steps at the front of the building which lead down to the front entrance door to the office suite. The accommodation provides a reception/office room as you enter the premises which then leads on to two further offices and thereafter Kitchen and toilet facilities.

The property benefits from its own front and rear access, Category 5 computer cabling, gas fired central heating and modern lighting throughout.

The property has an EPC rating of D - 85 Certificate number: (9796-3072-0915-0690-3091).

Location:

The property is situated within the centre of Cheltenham close to the Promenade and opposite the Town Hall. Imperial Square is recognised as one of the town's premier office locations, being close to all central facilities.

There are excellent road communications with the M5 motorway lying on the Western fringes of the town and the main A40 road providing access to the West Country, Oxford and London to the East. There is in addition a main line railway station in the town forming a link to London Paddington with journey time of just under two hours.

Accommodation:

(Approximate Net Internal Area)

Office 1/Reception: 12.72 sq m (137 sq ft)

Office 2: 13.28 sq m (143 sq ft_

Office 3: 21.36 sq m (230 sq ft)

Total Office Space: 47.38 sq m (510 sq ft)

Rent:

£6,500

Rates:

The current rateable value is £5,100. Prospective occupiers are advised to check with the Local Authority to establish any transitional relief that may be applicable.

Service charges:

Fixed at £2,603.52 p.a. + VAT to cover the landlord's costs for maintaining the external areas, the structure/fabric of the building and decorations, including common entrance hall and staircase. The sum to increase annually by reference to the Retail Price Index.

In addition, the tenant will be required to refund to the landlord, on a pro-rata floor area, a proportion of the cost of heating and electricity to the lower ground, ground, first and second floors, together with the landlord's insurance costs for maintaining fire, special perils and loss of rent cover on the building.

Planning:

Offices which fall within Class B1 of the Use Classes Order 1987.

Terms:

Available by way of a new lease for a term to be agreed.

VAT:

The property is VAT registered.

Legal costs:

The ingoing tenant is to be responsible for both parties' legal costs incurred in this transaction.

Contact:

Ash & Co 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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