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Gloucestershire Business News

Westmoreland House, Part ground and first floors, South wing, 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, the subject accommodation is located within the south wing on ground and first floors.

Access to the ground floor is via a glazed entrance at the front of the building directly into the office suite. 

Access to the first floor is either via the ground floor office, or through the communal side entrance. The ground and first floors are laid with carpet, neutrally decorated and with suspended ceilings and recessed fluorescent lighting. 

There are perimeter sockets and data points and floor boxes to the first floor. There is a separate kitchen within the ground floor with lino floor covering, 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, the office suite benefits from 7 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 & bars, the Playhouse Theatre and Sandford Park. Other occupiers within the building include Handelsbanken, Dot Digital, Urbaser Ltd and Kate & Tom's travel agency.

Accommodation:

The approximate net internal areas are as follows:

Ground Floor: 196.43 sq m (2,114 sq ft)

First Floor: 132.65 sq m (1,428 sq ft)

Total: 329.08 sq m (3,542 sq ft)

Terms:

Available from April 2020 on a new (effectively) full repairing and insuring lease for a term of years to be agreed incorporating regular upward only rent reviews.

Rent:

£70,000 per annum exclusive.

Planning:

B1(a) Office Use.

Rates:

The office suite is held on two separate assessments with rateable values as follows:

Ground Floor Right: £27,500

Part First Floor: £18,500

The above information was obtained from the Valuation Office website. Interested parties should make their own enquiries of the billing authority (Cheltenham Borough Council) to verify the current rates payable.

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:

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 Chartered Surveyors

01242 244744

enquiries@kbw.co.uk 

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