For sale

Cheltenham - 19 Regent Street, GL50 1HE

Retail Cheltenham For sale 168.87 m2 (1818ft2)

The property comprises a prestigious four storey Georgian, mid terraced Grade II Listed Building.

The ground, first and second floors are approached from a communal entrance hall and stairwell. The accommodation on the upper floors comprise a range of offices with kitchen and WC’s located at ground floor and first floor mezzanine levels within the small rear wing. 

The lower ground floor is accessed from an external staircase behind iron railings off Regent Street.

The lower ground floor has previously been used as a nightclub and includes an open plan sales / bar area with WC facilities and there is an enclosed courtyard to the rear.

The property is presently linked to No. 20 at lower ground floor level.

The property has an EPC Rating of C-56.

Address and Location

Address :

19 Regent Street
Cheltenham
GL50 1HE

The property is situated within the centre of Cheltenham fronting the east side of Regent Street which runs parallel north to south with The Promenade and linked to Regent Street via Ormond Place, a short road, partly pedestrianised and a thoroughfare linking the Promenade to the Regent Arcade Shopping Centre. Within the immediate area occupiers include Tivoli Cinema, Kibou, The Find, Loakes Shoes and Decathlon which form part of the Regent Arcade Shopping Centre.

Rates

The Rateable Value currently appearing on the Valuation Office Agency website are:

Rateable Value  
Basement £14,500
Salon £19,250

Prospective occupiers should check with the Local Authority to establish any transitional relief that may be applicable.

Accommodation

(Approximate Net Internal area)

Ground Floor    
Front Room  21.32 sq m    229 sq ft
Rear Room  16.41 sq m    176 sq ft
Kitchen    3.22 sq m      34 sq ft
First Floor    
Front Room  28.41 sq m    305 sq ft
Rear Room  17.11 sq m    184 sq ft
Second Floor    
Front Left Room    6.48 sq m      69 sq ft
Front Right Room  20.80 sq m    223 sq ft
Rear Room  15.31 sq m    169 sq ft
Lower Ground Floor  41.51 sq m    447 sq ft
Total 168.87 sq m

1,818 sq ft

 

Planning

The property has been used as a salon and nightclub which fall within Classes E and Sui Generis of the Use Classes Order 1987. It would suit a range of uses, subject to the necessary consent being obtained.

Terms

Terms

The property is offered freehold with vacant possession.

VAT

The property is not elected for VAT.

Costs

Legal Costs

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

Property Disclaimer

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.

Money Laundering Regulations

As part of our obligations under the UK Money Laundering Regulations 2017, ASH will require any tenant/purchaser to provide proof of identity along with any other required documentation to satisfy anti-money laundering regulations.

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Retail Cheltenham For sale 168.87 m2 (1818ft2) Price: £495,000

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