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Gloucestershire Business News

New Retail Unit, 252 Bath Road, Cheltenham

The proposed retail unit has two entrances from Bath Road with feature glazing on the front elevation and additional glazing on Langdon Road.

The unit will have a designated seating area to the front and access is provided to the rear to the bin storage area. A ventilation shaft has been included.

We are advised that all mains services will be provided within the unit which will be finished to a shell.

Location:

The property is situated in the spa town of Cheltenham which has a population of approximately 110,000 and lies in the heart of the Cotswolds.

There is 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:

The total area will extend to approximately 320 sq m (3,445 sq ft).

Rates:

The property will need to be assessed for business rates at completion.

Prospective occupiers are advised to check with the Local Authority to establish any transitional relief that may be applicable.

Planning:

Consent has been obtained for general retail (Class E) or restaurant/cafe (Class A3). The site lies within the Bath Road Conservation Area.

Terms:

The property is offered by way of a new full repairing and insuring lease via a service charge contribution for a term to be agreed.

Price:

£70,000

Service charges:

A charge will be levied to cover the costs associated with the upkeep of the exterior and communal areas.

VAT:

The property will be elected for VAT.

Legal costs:

Each party to bear their own costs incurred in the transaction.

Contact:

Ash & Co 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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