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Gloucestershire Business News

St James House, Cheltenham

St James House is an office building situated in a prominent position in Cheltenham. Currently subject to a major refurbishment programme including ground floor reception and office space plus new basement cycle parking and shower facilities.

The ground floor suite will provide newly refurbished open plan Grade A office space featuring new exposed services and raised access floor. The floor will be capable of subdivision to provide suites of 5,717 and 8,160 sq ft.

The ground floor will provide an open plan high quality refurbished office suite benefiting from the following specification:

  • Air conditioning
  • Double glazed windows
  • Excellent car parking ratio of 1:500 sq ft
  • Raised access floors
  • Suspended LED lighting
  • Male, female and disabled WCs

The lower ground floor will provide outstanding cycle storage and shower facilities including:

  • Lift access to ground floor
  • 88 lockers
  • 88 vertical cycle spaces
  • Drying room with heated towel rails
  • Female shower area with 4 showers and WC
  • Separate accessible shower room
  • Male shower area with 4 showers and WC

EPC: Targeting EPC rating of B following completion of refurbishment works.

Location:

The town benefits from excellent road access to J10 and J11 of the M5 via the A40. The A417/419 also provides easy access to Swindon and the M4.

The building is situated in the established office location of St James Square which is less than one mile from Cheltenham Spa Station and a short walk from bars, restaurants and retail outlets including the well-known Promenade.

There is also a large Waitrose supermarket adjacent to the subject property.

Accommodation:

Ground floor

Suite 1: 5,717 sq ft

Suite 2: 8,160 sq ft

Total: 14,152 sq ft

Terms:

The ground floor is available either as a whole or in 2 suites on a new effectively full repairing and insuring lease/s for a term of years to be agreed.

Business rates:

To be reassessed.

Service charge:

A service charge will be levied by the landlord and recoverable from the tenant as a contribution towards the upkeep, maintenance and management of the common areas.

VAT:

All figures quoted are exclusive of VAT, if chargeable.

Legal costs:

Each party to be responsible for its own legal costs incurred in the transaction.

Contact:

KBW Property Consultants 

Richard Knightley

richard.knightley@kbw.co.uk 

07917 155 760

01242 246092

Laura Hatten

laura.hatten@kbw.co.uk 

07769 254 158

01242 246093

CBRE

Richard Kidd

richard.kidd@cbre.com 

07827 230 295

0117 943 5768

Alex Riddell

alex.riddell@cbre.com 

07920 467117

0117 943 5885

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