To Let Cheltenham AWS
To Let Cheltenham
Preliminary Details Part Ground Floor 105/7 Bath Road, Cheltenham, GL53 7LE Approx 1,668 sq ft (155 sq m). SUBJECT TO CONTRACT •
Suite of 2 large rooms with private WC and kitchen
•
Attractive Location
•
5 allocated car spaces
•
Within a fine period building
01242 584674
Location
Terms
The building stands at the junction of Bath Road and Suffolk Road, opposite Cheltenham College. The building is close to the town centre and alongside the Bath Road and Suffolks shopping areas with a mix of retails and bar/restaurants.
An existing lease offered for assignment. The lease is for a term expiring August 2024 with an option for the tenant to break in August 2020. The current rent payable is £17,500 per annum, exclusive. There is a rent review in August 2017 and the landlord has advised (without prejudice) that they would accept a revised rental of £26,500. There is a service charge payable which we understand includes business rates, heating, cleaning and maintenance of common parts, maintenance and repair of the building, etc. The service charge is a fixed sum which is increased annually in line with the Retail Prices Index (RPI). Subject to confirmation we calculate that the current sum will be approx. £16,835 subject to review in August 2017 in line with RPI. Further details of the lease and service charge are available on request. Subject to negotiation with the landlord it may be possible to revise terms of the lease such as duration/break date.
Description The offices form part of a period building and are arranged as two large, interconnecting rooms with a private WC and kitchen. The rooms are well presented with period details, large windows, modern lighting and an access floor. There are 5 allocated car parking spaces.
Accommodation We calculate the following approximate net internal floor areas: -
Office 1 Office 2 Kitchen area
731 sq ft (67.9 sq m) 901 sq ft (83.71 sq m) 36 sq ft (3.32 sq m)
Legal Costs Each party to be responsible for their own legal costs in the transaction.
Value Added Tax TOTAL
1,668 sq ft (155 sq m) Please note that vat may be payable on the figures quoted.
Rates EPC The business rates are included in the service charge (see below)
Assessed in Band E (118). Details available on request.
Viewing By prior appointment with the sole agents: Bevans Chartered Surveyors Contact: Richard Crabb/ Oliver Workman Email: [email protected] [email protected] Tel: 01242 584674 www.bevanscs.co.uk
Nick Bevan Consulting Limited t/a Bevans Chartered Surveyors for themselves and any of their agents give notice that; a) these particulars are prepared for the convenience of an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error, omission or mis-description shall not annul a sale or lease or be grounds on which compensation may be claimed neither do they constitute part of a contract. All measures are approximate. b) any intending purchaser or tenant must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. Nothing in this information shall be deemed a statement that a property is in good condition or otherwise nor that any services or facilities are in good working order. c) all transactions are subject to contract. d) all text, photographs and plans are for guidance only and must not be relied upon as statements of fact
Preliminary Details Part Ground Floor 105/7 Bath Road, Cheltenham, GL53 7LE Approx 1,668 sq ft (155 sq m). SUBJECT TO CONTRACT •
Suite of 2 large rooms with private WC and kitchen
•
Attractive Location
•
5 allocated car spaces
•
Within a fine period building
01242 584674
Location
Terms
The building stands at the junction of Bath Road and Suffolk Road, opposite Cheltenham College. The building is close to the town centre and alongside the Bath Road and Suffolks shopping areas with a mix of retails and bar/restaurants.
An existing lease offered for assignment. The lease is for a term expiring August 2024 with an option for the tenant to break in August 2020. The current rent payable is £17,500 per annum, exclusive. There is a rent review in August 2017 and the landlord has advised (without prejudice) that they would accept a revised rental of £26,500. There is a service charge payable which we understand includes business rates, heating, cleaning and maintenance of common parts, maintenance and repair of the building, etc. The service charge is a fixed sum which is increased annually in line with the Retail Prices Index (RPI). Subject to confirmation we calculate that the current sum will be approx. £16,835 subject to review in August 2017 in line with RPI. Further details of the lease and service charge are available on request. Subject to negotiation with the landlord it may be possible to revise terms of the lease such as duration/break date.
Description The offices form part of a period building and are arranged as two large, interconnecting rooms with a private WC and kitchen. The rooms are well presented with period details, large windows, modern lighting and an access floor. There are 5 allocated car parking spaces.
Accommodation We calculate the following approximate net internal floor areas: -
Office 1 Office 2 Kitchen area
731 sq ft (67.9 sq m) 901 sq ft (83.71 sq m) 36 sq ft (3.32 sq m)
Legal Costs Each party to be responsible for their own legal costs in the transaction.
Value Added Tax TOTAL
1,668 sq ft (155 sq m) Please note that vat may be payable on the figures quoted.
Rates EPC The business rates are included in the service charge (see below)
Assessed in Band E (118). Details available on request.
Viewing By prior appointment with the sole agents: Bevans Chartered Surveyors Contact: Richard Crabb/ Oliver Workman Email: [email protected] [email protected] Tel: 01242 584674 www.bevanscs.co.uk
Nick Bevan Consulting Limited t/a Bevans Chartered Surveyors for themselves and any of their agents give notice that; a) these particulars are prepared for the convenience of an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error, omission or mis-description shall not annul a sale or lease or be grounds on which compensation may be claimed neither do they constitute part of a contract. All measures are approximate. b) any intending purchaser or tenant must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. Nothing in this information shall be deemed a statement that a property is in good condition or otherwise nor that any services or facilities are in good working order. c) all transactions are subject to contract. d) all text, photographs and plans are for guidance only and must not be relied upon as statements of fact
