£19,000.00 pa < Back to search results
The premises are located within the Tivoli district of Cheltenham fronting the A40 Andover Road with neighbouring retail premises including Tivoli Trading (diy and Ironmongers Store), Tivoli Wine, Chaplais Deli & Coffee Bar and Read Maurice Estate Agents. On street parking provides excellent access for customers immediately in front of the premises.
50 Andover Road comprises a two storey self-contained building having recently been used for estate agency (Class A2 but suitable for Class A1 retail use also).
Approximate Net Internal Floor Areas
The ground floor comprises a showroom/retail area extending to 48.65 sq m (522 sq ft) with door to rear car park.
The stairs lead to first floor with office and landing storage area measuring 43.66 sq m (470 sq ft). Tea point and separate WC.
One car parking space will be allocated in the courtyard car park to the rear.
The premises are available to let on a new lease for a term of years to be agreed at a rent of £19,000 per annum. Rent to be reviewed in the third year as appropriate on an upward only basis. The lease is to be granted on full repairing and insuring terms by way of service charge. The service charge for the year ending April 2019 will be approximately £1,100 and the budgeted forecast for April 2019 to April 2020 was approximately £1,200.
The premises are elected for VAT and VAT will be payable on rent, insurance and any service charge applicable.