100-102 Prestbury Road Cheltenham, GL52 2DJ

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100-102 Prestbury Road Cheltenham, GL52 2DJ

kbw

For Sale/ To Let

• Potential for redevelopment to alternative uses including residential, retail and healthcare, subject to the necessary consents • Warehouse / Industrial Units

Best & Final Offers 12 noon 31st October 2014

Site Area 0.80 Hectares (1.97 Acres)

T. 01242 244744 E. [email protected] W. www.kbw.co.uk

100-102 Prestbury Road Cheltenham, GL52 2DJ

kbw

• Potential for redevelopment to alternative uses including residential, retail and healthcare, subject to the necessary consents • Warehouse / Industrial Units

Street MAP

Accommodation The approximate gross internal floor areas are as follows: 100 Prestbury Road

Location Cheltenham is a large spa town on the edge of the Cotswolds with good access to the motorway network, with junctions 10 & 11 within 4 miles of the town centre. The A4179 also provides good access tot he M4 motorway, London and Swindon,

The subject site is located on the B4632 Prestbury Road approximately 1 mile north east of Cheltenham town centre. The surrounding area provides a mix of residential and commercial uses including an Order of St John nursing home, Marchants Coaches depot and a new Morrisons convenient store.

Disclaimer: KBW Chartered Surveyors for themselves and for the clients of this property for whom they represent give notice that: a) the particulars are for guidance only and do not constitute an offer or contract. b) all descriptions, dimensions, areas, comments on condition and references to planning consents and permitted uses, and other details referred to are given without responsibility and intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves as to their correctness by inspection or otherwise. c) no person employed by KBW Chartered Surveyors has any authority to make any representation of warranty whatsoever in relation to this property.

Unit 1: Unit 2: (Open sided store) Unit 3:

1,354.8 sq m (14,583 sq ft) 305.8 sq m (3,292 sq ft) 156.6 sq m (1,685 sq ft)

102 Prestbury Road Warehouse Unit: Total:

922.3 sq m (9,927 sq ft) 2,953.6 sq m (29,487 sq ft)

In addition, the covered bay to the front of Unit 1 provides 214.2 sq m (2,305 sq ft).

T. 01242 244744 E. [email protected] W. www.kbw.co.uk

100-102 Prestbury Road Cheltenham, GL52 2DJ

kbw

Description No. 100 Prestbury Road provides industrial/storage units currently occupied by a vehicle recovery garage. Unit 1 comprises a warehouse of steel frame construction with brickwork walls to a height of about 2 metres with cladding above under a corrugated iron roof. The unit incorporates a brick built single storey office

• Potential for redevelopment to alternative uses including residential, retail and healthcare, subject to the necessary consents • Warehouse / Industrial Units

and benefits from front and rear loading, fluorescent strip lighting, single glazed timber framed windows to the offices, and some electric convector heating to the offices only. Unit 2 is an open sided storage unit of steel frame construction under a single skin corrugated iron clad roof. Unit 3 comprises a

Disclaimer: KBW Chartered Surveyors for themselves and for the clients of this property for whom they represent give notice that: a) the particulars are for guidance only and do not constitute an offer or contract. b) all descriptions, dimensions, areas, comments on condition and references to planning consents and permitted uses, and other details referred to are given without responsibility and intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves as to their correctness by inspection or otherwise. c) no person employed by KBW Chartered Surveyors has any authority to make any representation of warranty whatsoever in relation to this property.

workshop with reinforced concrete elevations under a corrugated asbestos roof. The unit has flourescent strip lighting, and a roller shutter loading door. There is an open yard to the rear of the site with a gravel surface and a covered bay to the front of Unit 1. 102 Prestbury Road provides a single warehouse unit of

steel frame construction with brick and blockwork elevations to the front section up to a height of about 2 metres with a lean -to extension on the north side. The elevations to the rear section incorporate concrete panels and perspex cladding above 2 metres. The entire roof is corrugated asbestos cladding.

T. 01242 244744 E. [email protected] W. www.kbw.co.uk

100-102 Prestbury Road Cheltenham, GL52 2DJ

kbw The front section provides basic office accommodation with metal framed double glazed windows. Loading is via double doors within the front lean-to section. The unit has a eaves height of 3.8 metres approx.

Terms The premises are available freehold with vacant possession on completion or by way of a new fully repairing and insuring lease for a term of years to be agreed incorporating regular rent reviews.

Price/Rent Full details on application.

Rates 100 Prestbury Road Rateable Value: £17,550 102 Prestbury Road Rateable Value: £24,000 The above information was obtained from the Valuation Office website. Interested

• Potential for redevelopment to alternative uses including residential, retail and healthcare, subject to the necessary consents • Warehouse / Industrial Units parties should make their own enquiries of the billing authority (Cheltenham Borough Council) to verify the current rates payable.

Legal Costs Each party to be responsible for their own legal costs incurred in a transaction.

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

Viewing By prior appointment with the sole agents KBW. April 2014

Disclaimer: KBW Chartered Surveyors for themselves and for the clients of this property for whom they represent give notice that: a) the particulars are for guidance only and do not constitute an offer or contract. b) all descriptions, dimensions, areas, comments on condition and references to planning consents and permitted uses, and other details referred to are given without responsibility and intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves as to their correctness by inspection or otherwise. c) no person employed by KBW Chartered Surveyors has any authority to make any representation of warranty whatsoever in relation to this property.

T. 01242 244744 E. [email protected] W. www.kbw.co.uk