Cheltenham - Hall Floor, Clarendon House, 42 Clarence Street, GL50 3PL

The property is prominently located at the junction of Clarence Street and Crescent Place within the heart of Cheltenham town centre, a few yards from the Promenade and High Street prime shopping areas. All town centre facilities are within easy walking distance, including a wide range of restaurants and shopping facilities.

There are 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.

The current rateable value is £6,500 for the left-hand offices and £2,600 for the right-hand office. Prospective occupiers are advised to check with the Local Authority to establish any transitional relief that may be applicable.

(Approximate Net Internal area)

Offices falling within Class E(g) of Town & Country Use Classes Act Order amended 1st September 2020.

Terms

New lease available for multiple term of 3 years.

VAT

VAT is charged on rents and service charges.

Service Charges

The landlord recovers the cost of maintaining the building and common areas, including the private car park and 33% of the costs of cleaning and maintaining the upper floor common parts. The current service charge is running at £4,500 p.a. + VAT.

Legal Costs

The Tenant is to be responsible for both parties’ legal costs incurred in this transaction.

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.