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Gloucestershire Business News

Westmoreland House, Bath Road, Cheltenham

Westmoreland House was constructed as a purpose-built headquarters office building in 1990. The three-storey building provides largely open plan offices now occupied by a number of tenants. The building is split into a north and south wing.

Access to the building is via two glazed communal entrances although one suite has its own entrance. All offices are laid with carpet, with suspended ceilings incorporating recessed lighting and data and power sockets by a combination of perimeter trunking and floor boxes. Each suite has its own kitchen facilities incorporating base and eye level units and a stainless-steel sink and drainer.

Facilities within the common parts include WC's, lifts to all floors and external cycle storage.

Externally, each office suite has its own allocated car parking spaces.

EPC: The building has an energy rating of C(58). A copy of the Energy Performance Certificate can be made available upon request.

Location:

Cheltenham is a large spa town on the edge of the Cotswolds, famous for its Regency Architecture. The town has good access to the motorway network with junctions 10 and 11 within 4 miles of the town centre. The A417/9 provides easy access to Swindon and the M4 to London.

Westmoreland House is located to the south east of Cheltenham town centre, just off the inner ring road system on the Bath Road. The property is within walking distance of a variety of shops, restaurants and bars, the Playhouse Theatre and Sandford Park. Other occupiers within the building include Urbaser Ltd and Kate & Tom's travel agency.

Accommodation:

The following office suites are currently available: Suite Size Rent Rateable Value

Ground Floor North Wing: 170.75 sq m (1,838 sq ft)

4 car parking spaces

Rent: £37,000 pax

Rateable value: £25,000

Ground & First Floor South Wing 329.08 sq m (3,542 sq ft)

7 car parking spaces

Rent: £70,000 pax

Rateable value: £27,500 & £18,500

Second Floor 397.33 sq m (4,277 sqft)

8 car parking spaces

Rent: £85,000 pax

Rateable value: £50,500

An additional service charge is levied against the cost of cleaning and maintenance to the communal areas. Further details available upon request.

Terms:

Available on new effectively full repairing and insuring leases for terms of years to be agreed incorporating regular upward only rent reviews.

Code for Leasing Business Premises (2020):

All tenants should be aware of the Code for Leasing Business Premises and are recommended to seek professional advice relating to this, or any, commercial property letting transaction.

VAT:

VAT may be payable on the rent or any other charges or payments detailed. All figures quoted are exclusive of VAT and intending lessees must satisfy themselves as to the VAT position by taking appropriate professional advice.

Legal costs:

Each party to bear its own legal costs incurred in the transaction.

Contact:

KBW Property Consultants 

01242 244744

enquiries@kbw.co.uk 

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