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Gloucestershire Business News

Upper floors, 16-17 Clarence Parade, Cheltenham

The accommodation is divided to provide individual office and ancillary rooms located over first, second and third floors and the entrance is off Clarence Parade.

In general, the offices are finished with carpeted floor coverings, emulsion painted plaster/wallpapered walls and ceiling.

Heating is provided by way of a gas fired central boiler via radiators, there is Cat 5 lighting and the property benefits from a fire alarm system.

Windows are single glazed timber framed sash units. The kitchens and WC facilities have lino/vinyl floor covering with fitted units.

EPC: The property previously had an EPC rating of D-90 and this expired in January 2020. A new EPC is being prepared.

Location details:

The property is a Grade II Listed Building and is situated in the centre of Cheltenham on the corner of Clarence Parade and Crescent Terrace in a mixed commercial office/retail/restaurant area of the town.

It is a short distance from The Promenade and Town Centre. 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

Mezzanine Floor

Rear Office: 13.22 sq m (142 sq ft)

First Floor

Front Office: 29.29 sq m (315 sq ft)

Rear Office: 15.64 sq m (168 sq ft)

Kitchen: 5.97 sq m (64 sq ft)

Subtotal: 64.12 sq m (689 sq ft)

Second Floor

Front Office Left: 8.94 sq m (96 sq ft)

Front Office Right: 8.12 sq m (87 sq ft)

Archive/store: 6.34 sq m (68 sq ft)

Middle Office: 16.72 sq m (180 sq ft)

Rear Office: 12.89 sq m (139 sq ft)

Subtotal: 53.01 sq m (570 sq ft)

TOTAL: 130.35 sq m (1,401 sq ft)

Rates:

The assessment currently appearing in the Valuation List is as follows:

Rateable Value: £8,700

Rate in £ 2020/2021: 0.499

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

Planning:

Office use only.

Terms:

The offices are offered by way of a new lease for a term to be agreed.

VAT:

The property is elected for VAT.

Service charges:

A service charge will be levied to the tenant to cover the costs associated with maintaining the common parts of the property.

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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