Cheltenham - Lower Ground Floor Left Office, Calderwood House, 7 Montpellier Parade, GL50 1UA

Calderwood House is situated to the west side of Montpellier Parade, within about 50 yards of the junction with Montpellier Terrace (A40), close to the Eagle Star Tower Building, Montpellier and Imperial Gardens. Montpellier and the town centre shopping facilities are within easy reach of this property.

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.

• Lower Ground Floor Left Calderwood Hse pdf, 0.47 Mb

The rateable value is to be reassessed.  Prospective occupiers should check with the Local Authority to establish any transitional relief that may be applicable.

(Approximate net internal floor areas)

Offices which fall within Class E of the amended Use Classes Order 1987.

Terms

A new lease is available for a term expiring 31st July 2024, contracted outside the security of tenure provisions of the Landlord & Tenant Act 1954.

VAT

Under the Finance Acts 1989 and 1997, VAT may be levied on the rent. We recommend that prospective tenants establish the VAT implications before entering into any agreement.

Service Charges

£1,925 p.a. increasing each December by reference to the Retail Price Index and covering the provision of cleaning, electricity and heating to the offices and the building, landlord’s building insurance costs together with the maintenance, cleaning and lighting of the common areas include the external structure and common garden areas.

Legal Costs

The ingoing 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.