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Gloucestershire Business News

Suites B & D, Unit 9 Cirencester Office Park, CIRENCESTER

Description:

A semi-detached three storey brick building under a pitched slate roof.

The windows are double glazed with vertical blinds and there is a gas fired central heating system throughout.

Each suite has raised floors with carpets and suspended ceilings incorporating recessed lighting.

The building has W.C., shower and kitchenette facilities on each floor.

In addition to the stairs there is an 8 person passenger lift.

There is a full time receptionist during office hours within the building and meeting rooms and other office services and furniture are also available for occupiers of the building by separate arrangement.

Externally there is plentiful on-site parking.

Location details:

Cirencester Office Park is a modern scheme of three significant office properties located approximately ½ mile to the north-west of Cirencester town centre fronting the A429 Tetbury Road.

Cirencester is situated equidistant between the M5 to the north and M4 to the south.

Gloucester and Cheltenham are 12 miles to the north and Swindon is 14 miles to the south, accessed via the A417 / A419 which are in the main dual carriageways.

Kemble railway station is only 3 miles away and provides direct access to London Paddington in 75 minutes and Swindon or Cheltenham in 20 minutes.

Accommodation:

The second floor suite is available as a whole or in part as scheduled below.

Second Floor Suite B- 866 sq ft. 80.45 sq m.

Second Floor Suite D- 1,948 sq ft. 180.97 sq m.

Total: 2,814 261.44

Lease:

The accommodation is offered by way of a new full repairing and insuring lease to be granted excluding the security of tenure provisions of the 1954 Landlord & Tenant Act, for a term of years to be agreed at an annual rent of £14 per sq ft per annum exclusive of business rates, service charge and VAT.

Alternatively the suites can be occupied by way of a flexible standard licence arrangement.

Business rates:

The Valuation Office Agency website describes the property as "Offices and Premises" with a rateable value of:

Suite B - £10,750.

Suite D - There are two assessments for this suite of

£14,250 and £10,000.

Interested parties should make their own enquiries to the local billing authority, Cotswold District Council, to ascertain the exact rates payable.

A change in occupation may trigger an adjustment of the rating assessment.

Legal costs:

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

VAT:

Under the Finance Acts 1989 and 1997, VAT may be levied on the Rent/Sale price.

We recommend that the prospective tenants/purchasers establish the implications before entering into any agreement.

Viewing arrangements:

For further information or to arrange an inspection please contact James Gregory on 01793 428106

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