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Gloucestershire Business News

Second floor office, Calderwood House, Cheltenham

Calderwood House is a fine detached period building set back from Montpellier Parade, currently let in office suites and standing in its own attractive grounds.

The available office leading off the Second-floor landing has been redecorated and re-carpeted throughout. The office benefits from gas fired central heating, Cat II fluorescent strip lighting, wall trunked power cabling that may be extended to meet a tenant's specific requirements. Shared toilet and kitchen facilities are available within the building.

The office space also benefits from one on site car parking space.

The property has an EPC Rating of D-90. Certificate Ref No: 0860-0238-3299-1192-0092.

Location:

Calderwood House is situated to the west side of Montpellier Parade, within about 50 yards of the junction with Montpellier Terrace (A40), close to the Eagle Star Tower Building, Montpellier and Imperial Gardens. Montpellier and the town centre shopping facilities are within easy reach of this property.

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)

13.56 sq m (146 sq ft)

Rates:

The entries appearing on the Valuation Office Agency website is as follows:

Rateable Value: £1,750

Rate in £ 2020/2021: 0.499

Prospective occupiers are advised to make their own inquiries of the Local Authority to establish the position in respect of the inheritance of transitional relief.

Rent:

£2,800

Planning:

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

Terms:

A new lease is available for a term expiring 31st July 2024, contracted outside the security of tenure provisions of the Landlord & Tenant Act 1954.

VAT:

Under the Finance Acts 1989 and 1987, VAT may be levied on the rent. We recommend that prospective tenants establish the VAT applications before entering into any agreements.

Service charges:

£900 p.a. increasing each December by reference to the Retail Price Index and covering the provision of cleaning, electricity and heating to the offices and the building, landlord's building insurance costs together with the maintenance, cleaning and lighting of the common areas including the external structure and common garden areas.

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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