Retail premises to rent in Cheltenham GL53

£20,000.00 pa < Back to search results

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Property Description

Cheltenham is a Regency Spa town having a population of 115,000 (source Office for National Statistics 2010), located approximately 99 miles to the west of London and midway between Bristol and Birmingham adjacent to junction 11 of the M5 motorway with dual carriageway access to London via the A417/419 and M4 motorway. Railway services are to London Paddington (2 hours 10 mins).

The town hosts several major international festivals for science, literature, music, and national hunt racing.

4-6 Bath Road is located fronting part of Cheltenham’s inner ring road, opposite Sainsbury’s Local, Taylors Estate Agents, and ra Bennett & Partners, with a range of national and independent retailers in the vicinity.

4-6 Bath Road comprises a two story building of rendered blockwork elevations under a pitched roof. The building has the benefit of two ground floor windows to the front elevation and a central recessed access doorway.

Internally, the premises provides open plan floorspace on the ground floor together with a kitchenette facility and storeroom, with the first floor providing additional trading floorspace, kitchenette, WC and an office.

Approximate Net Internal Floor Areas
Ground floor: 486 sq ft 45.15 sq m
First floor: 394 sq ft 36.57 sq m
Total: 880 sq ft 81.72 sq m

A new commercial property Use Classes Order took affect on 1st September 2020, with a new Use Class “E” encompassing “Commercial, business and service uses”. Within Use Class E are retail and restaurant uses, along with gymnasiums, offices, light industry, financial services, and medical & health services.

It is understood mains electricity, water, and drainage are connected. Air-conditioning is installed and requires servicing.

Subject to Contract
The premises are available on a new lease, for a period of years to be agreed, at an initial rent of £20,000 per annum exclusive.

The lease will be excluded from the security of tenure provisions of the Landlord & Tenant Act 1954 Part II, and will allow for periodic upward only rent reviews.

A rent deposit may be required.

The Tenant will be responsible for reimbursing the Landlord the cost of the annual buildings insurance premium.

It is understood the building is not elected for VAT.

Property Features

    Location

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