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      • Cheltenham - Devon Place, Devon Avenue

Available

For sale

Cheltenham - Devon Place, Devon Avenue

On behalf of Gloucestershire College
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  • Location: Cheltenham
  • Size: 1.00 m2 (10.76 ft2)
  • Property Type: Other
  • Sale Type: For sale
  • Status: Available
  • Terms:Offers are invited in the region of £2,250,000.
  • Simon McKeag

    07737 691453

  • Rebecca Rigg

    01452 300433

  • Harry Pontifex

    01242 237274

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Description Location Accommodation Rates Planning Terms Costs

Description

Devon Place is a part three, part two storey building of part rendered brick construction under a flat roof. The majority of the accommodation is arranged in clusters with each having a communal kitchen/dining area providing a range of high and low level units, stainless steel single sink unit, cooker and washing machine. There is a designated warden's office and a communal conservatory to the rear.

The property has been finished to a high standard throughout and includes:

  • Painted plastered walls and ceilings.
  • Carpet and lino floor coverings thoughout.
  • uPVC double glazed windows.
  • Combination of aluminium and uPVC doors.
  • Each bedroom has an ensuite shower room.
  • CCTV and key pad entry system.

The property is set within a secure site with landscaped grounds with allocated parking to the front and a bicycle store to the rear.

Planning consent has been implemented to develop a further 38 rooms on the site.

  • Location: Cheltenham
  • Size: 1.00 m2 (10.76 ft2)
  • Property: Other
  • Type: For sale
  • Status: Available

Address and Location

Address :
Devon Place
Devon Avenue
Cheltenham
GL51 8AP


Location details:

The property is situated in the spa town of Cheltenham which has a population of approximately 110,000 and lies in the heart of the Cotswolds. There is excellent road communications with the M5 motorway lying on the Western fringes of the town and the main A40 road providing access to the West Country, Oxford and London to the East. There is in addition a main line railway station in the town forming a link to London Paddington with journey time of just under two hours.

Devon Place is located on Devon Avenue approximately 2 miles from the town centre in an established residential area. It is situated opposite a parade of retail units which include a Premier convenience store, Ladbrokes, hot food take away and launderette.

Accommodation

The property comprises: 

Ground floor
Wardens Office.
One cluster of 7 rooms with shared kitchen/dining area.
One cluster of 6 rooms with shared kitchen/dining area.
Conservatory.
 
First floor
One cluster of 7 rooms with shared kitchen/dining area.
One cluster of 6 rooms with shared kitchen/dining area.
 
Second floor
One cluster of 7 rooms with shared kitchen/dining area.
One cluster of 2 rooms with shared kitchen/dining area.
 

Rates

A search on the Valuation Office Agency website has revealed the following entry for the Wardens Office:
 
Description Office and premises
Rateable Value: £2,450
Rate in £ 2018/2019: 0.493
 
The bedsits are listed within Bands A and B for Council Tax purposes.

Planning

Consent was granted for the 'Erection of student accommodation comprising x 73 cluster flats and works to include landscaping, parking, provision for a warden and disabled space, cycle storage, bin/recycling storage and plant room.' Further details on the planning permission can be viewed on the Cheltenham Borough Council website, planning ref: 07/01555/FUL. The planning permission has been implemented for the second phase of 38 cluster flats as foundations have been laid. There is potential for the existing building to be converted to provide 15 no. 2 bedroom flats and to develop 4 No. 1 bedroom flats and 12 No. 2 bedroom flats in Phase 2.

Terms

The property is offered freehold with vacant possession.

VAT

The property is elected for VAT.

Legal Costs

Each party to bear their own costs incurred in the transaction.

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Downloads
  • Decision Notice.pdf Download Document
  • Devon Place.pdf Download Document
  • Elevations.pdf Download Document
  • Ground and first floor plans.pdf Download Document
  • Second and third floor plans.pdf Download Document
  • Site plan.pdf Download Document

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ASH Chartered Surveyors for themselves and for the vendors or lessors of this property for whom they act, give notice that:

1 these particulars are a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract;

2 ASH Chartered Surveyors cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy;

3 no employee of ASH Chartered Surveyors has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property;

4 rents quoted in these particulars may be subject to VAT in addition; (v) ASH Chartered Surveyors will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars; and

5 the reference to any plant, machinery, equipment, services, fixtures or fittings at the property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective purchasers/tenants should satisfy themselves as to the fitness of such items for their requirements.”

Code of Practice for Commercial Leases in England and Wales

You should be aware that the Code of practice on commercial leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licenced conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations.


Created: 07/02/2018 18:16:41
Modified: 02/08/2018 14:24:38
Label: Cheltenham - Devon Place, Devon Avenue ShowOnSite: True TenureDetails: Summary: Student accommodation with planning consent for a further 38 rooms on the adjacent land. Potential for alternative uses subject to the necessary planning consent being obtained. There is potential for the existing building to be converted to provide 15 no. 2 bedroom flats and to develop 4 No. 1 bedroom flats and 12 No. 2 bedroom flats in Phase 2. NavigateUrl: ~/Properties/Cheltenham_-_Devon_Place,_Devon_Avenue.aspx

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