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Gloucestershire Business News

Unit 5 The Bramery Business Park, Alstone Lane, Cheltenham

Unit 5 is a mid-terrace industrial/warehouse unit. Access to the unit is by of an up and over vehicular door or pedestrian door.

The accommodation comprises the main warehouse, offices and WCs on the ground floor with storage provided on the first floor. The mezzanine has a concrete floor.

Externally there is an area for loading/unloading and allocated parking.

Location details:

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.

The Bramery Business Park is located off Alstone Lane approximately ½ mile from Cheltenham Town Centre and within 3 miles of Junctions 10 and 11 of the M5.

Accommodation:

Approximate gross internal areas

Ground Floor: 146.19 sq m (1,574 sq ft)

First Floor: 111.31 sq m (1,198 sq ft)

Total: 257.50 sq m (2,772 sq ft)

Rates:

A search on the Valuation Office Agency website has revealed the following entry:

Rateable Value: £12,000

Rate in 2019/2020: 0.491

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

Planning:

Within Classes B1 (Light Industrial) and B8 (Storage & Distribution) of the Use Classes Order 1987.

Terms:

The property is offered long leasehold with vacant possession.

VAT:

Under the Finance Acts 1989 and 1987, VAT may be levied on the sale price.

We recommend that prospective purchasers establish the VAT applications before entering into any agreements.

Service charges:

A charge is levied by the Estate Landlord to cover the costs associated with the upkeep and maintenance of the common areas.

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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