Office to rent in Old Station Drive

£17,500.00 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.

3 Rockfield Business Park is located approximately 1.5 miles to the South of Cheltenham town centre, on an established business park.

Local services are available at Bath Road approximately half mile distant and provides a wide range of restaurants, bars and shopping facilities.

The premises comprise an end of terrace office building constructed in 2008 to exacting standards to provide the following benefit to the occupier.

3 open plan floors.
Cat 5E hard wired cabling.
Fitted kitchen.
3 allocated car parking spaces.
Fire & intruder alarms.
Double glazing.
New carpets and decoration throughout.
Telecom entry system.
Furniture available.

Approximate measurements and Net Internal Floor Areas
Ground Floor 32.29 sq m 347 sq ft
First Floor 34.74 sq m 374 sq ft
Second Floor 36.59 sq m 394 sq ft
Total 103.62 sq m 1,115sq ft

Kitchenette at ground floor level, WC facilities at ground and second floor levels.

Subject to Contract
The premises are available by way of a new full repairing and insuring lease, for a period of years to be agreed, at an initial rent of £17,500 per annum inclusive of buildings insurance and exclusive of service charge, VAT, business rates, and utilities.

The lease will contain a provision for periodic upward only rent reviews and a rent deposit may be required.

The tenant will be responsible for payment of a service charge in respect of maintenance and upkeep of the common areas of the business park. The current cost is £877.84 to 31st December 2022.

Buildings insurance is included within the rent.

The property is elected for VAT.


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