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346 SQ M (3,729 SQ FT) TO LET CHELTENHAM 121 THE PROMENADE, GL50 1NW Two Car Parking Spaces 50.20 Sq M (540 Sq Ft) GROUND FLOOR OFFICES New Lease On Flexible Terms

121 THE PROMENADE, GL50 1NW...fes+vals of literature, jazz, music and science and leading educa+on establishments of Cheltenham College, Pate’s Grammar School and Cheltenham Ladies

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Page 1: 121 THE PROMENADE, GL50 1NW...fes+vals of literature, jazz, music and science and leading educa+on establishments of Cheltenham College, Pate’s Grammar School and Cheltenham Ladies

346 SQ M (3,729 SQ FT)

TO LET

CHELTENHAM 121 THE PROMENADE, GL50 1NW

• Two Car Parking Spaces

• 50.20 Sq M (540 Sq Ft)

GROUND FLOOR OFFICES

New Lease On Flexible Terms

Page 2: 121 THE PROMENADE, GL50 1NW...fes+vals of literature, jazz, music and science and leading educa+on establishments of Cheltenham College, Pate’s Grammar School and Cheltenham Ladies

LOCATION

121 The Promenade is situated in the heart of the Regency

Spa Town of Cheltenham overlooking Imperial Gardens and

adjacent to both the new luxury Spa, Hotel and Restaurant

Number 131 The Promenade and the well established Queens

Hotel.

CHELTENHAM

Cheltenham is possibly England’s foremost Spa Town and host

to the Cheltenham Gold Cup jump racing fes+val, Interna+onal

fes+vals of literature, jazz, music and science and leading

educa+on establishments of Cheltenham College, Pate’s

Grammar School and Cheltenham Ladies College.

121 THE PROMENADE

A Grade II* Listed building retaining many of its period

features and yet modernised to provide an appealing working

environment.

ACCOMMODATION (approximate Net Internal areas)

The offices available comprise the front two rooms on the

ground floor which currently provide a large office together

with mee+ng room.

Main Office

6.40 x 5.33 m 32.92 sq m (354 sq <)

Mee+ng Room

5.33 x 3.55 m 17.25 sq m (187 sq <)

Shared Kitchen and WC facili+es are located within the ground

and lower ground floors of the building.

Externally

Two car parking spaces will be provided.

SERVICES

Mains electricity, gas, water and drainage are connected. Gas

fired central hea+ng is installed.

RATES (Source VOA Website)

The property currently has the following assessment - £6,100.

VAT

The property is not currently elected for VAT.

ENERGY PERFORMANCE CERTIFICATE

The building is assessed at an energy efficiency ra+ng of D-87.

A copy of the cer+ficate is available on request.

LEASE TERMS

The offices are offered to let on a new lease at a commencing

rent of £15,000 per annum exclusive.

SERVICE CHARGE

The tenant will pay a due propor+on of the services provided

by the landlord for hea+ng and maintaining of the premises.

LEGAL COSTS

Each part to be responsible for its own legal costs arising

VIEWING

By appointment through the agents:

John Ryde Commercial

14 Royal Crescent

Cheltenham

GL50 3DA

Tel: 01242 576276

email: [email protected]

[email protected]

www.johnryde.co.uk

IMPORTANT NOTICES

SERVICES, FIXTURES, EQUIPMENT, BUILDINGS & LAND – None of these have been tested by John Ryde Commercial. Any interested party will need to satisfy themselves as to type,

condition and suitability for purpose.

BUSINESS RATES - Standard Uniform Business Rate Multiplier 2018/2019 49.3 pence in the pound. Small Business Multiplier 48 pence in the pound (applicable to rateable values under

£51,000). Total exemption for qualifying parties for properties with rateable values under £12,000. Information obtained from www.gov.uk and rateable values from www.voa.gov.uk.

To be verified by the new occupier. Transitional arrangements, eligibility for the Small Business Rate Relief scheme, or appeals against rateable value may affect the bill payable. For

further information search ‘business rates’ at www.gov.uk.

MISREPRESENTATION ACT - These particulars are prepared with care, but are not guaranteed and do not constitute, or constitute part of, an offer or contract. Intending purchasers must

satisfy themselves of these particulars’ accuracy by inspection or otherwise, since neither our client nor John Ryde Commercial shall be responsible for statements or representations

made. Our client does not make or give and neither John Ryde Commercial nor any person in their employment has any authority to make or give any representation or warranty in

relation to this property.

October 2019