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Cheltenham - 3 Rodney Road, GL50 1HX

Office Cheltenham For sale 151.85 m2 (1635ft2)

The property comprises a period Grade II Listed end terraced five storey office building dating from around the 1820’s of brick construction, with part rendered painted
elevations under pitch slated roof areas set behind a front parapet wall. The windows in general are timber framed single glazed sash units.

The accommodation is divided to provide individual offices and storerooms located on lower ground, ground, first, second and third floors. The layout provides a ground floor entrance with a central staircase providing access to the upper and lower floors. The predominant floor layout provides a single office to the front and rear of the building on each floor. There are kitchen and two WCs at the rear of the first floor landing. There are two designated tandem car parking spaces at the front of the property.

The pitch roof and surrounding lead work forming the hidden valley gutter have been renewed within the last 12 months.

An EPC was prepared in 2022 and has a Rating of E-125.

Address and Location

Address :

3 Rodney Road
Cheltenham
Cheltenham
GL50 1HX

The property is situated in the Spa town of Cheltenham which has a population of approximately 115,000 and lies on the edge of the Cotswolds. 

There are excellent road communications with the M5 motorway located on the western fringes of the town and the main A40 road providing access to the West Country, Oxford and London to the East. The property is situated in the heart of the town centre on the western side of Rodney Road just south of its junction with the High Street (behind Lloyds Bank) in an area favoured by professional and commercial businesses.

Rates

Inspection of the Valuation Office website shows entries appearing in the 2017 Valuation List are as follows:-

Address Description Rateable Value
Basement Office and premises   £770
Part Basement Store and premises   £690
Suite 1 Office and premises £2,250
Suite 2 Office and premises £2,375
Suite 3 Office and premises £1,775
Suite 4 Office and premises £1,025
Suite 5 Office and premises £1,175
Suite 6 Office and premises £1,350
Suite 7 Office and premises £1,025
Suite 8 Office and premises £1,150

The Rateable Value(s) may need to be reassessed if the property is let as a whole or on a floor-by-floor basis.

Accommodation

(Approximate Net Internal area)

Ground Floor   35.10 sq m   378 sq ft
First Floor   30.48 sq m   328 sq ft
Second Floor   32.40 sq m   349 sq ft
Third Floor   31.57 sq m   340 sq ft
Lower Ground Floor   22.30 sq m   240 sq ft
Total 151.85 sq m 1,635 sq ft

 

Planning

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

Terms

Terms

The property is offered freehold with vacant possession.

VAT

The property is not elected for VAT purposes.

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.

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Office Cheltenham For sale 151.85 m2 (1635ft2) Price: £425,000

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