Letting Agreed

Cheltenham - Ground and First Floors, 21 Regent Street, GL50 1HE

Retail Cheltenham To let 77.02 m2 (829ft2)

The property comprises a prestigious 3 storey Georgian, end terraced Grade II Listed Building. The accommodation is divided to provide ground sales area / with ancillary rooms located at first floor level. 

The ground and first floor are approached from a common entrance hall and stairwell. Internally, the rooms provide a mix of cellular and open plan accommodation with kitchen and WC’s located at first floor level.

Generally, the property has emulsion painted plaster walls and ceilings. Lighting is currently provided by a mixture of halogen spotlights and fluorescent/pendant lighting. I understand that electricity and water supplies are connected to the property.

An EPC is being prepared.

Address and Location

Address :

Ground and First Floor
21 Regent Street
Cheltenham
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 there are Café Nero, Cavendish House (House of Fraser), Kibou, The Find/Workplace network, Loakes Shoes and Decathlon which form part of the shopping centre.

 

Rates

The assessment currently appearing in the Valuation List is as follows:

Rateable Value: £19,000
Rate in £ 2023/2024 0.499

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

Accommodation

(Approximate Net Internal area)

Accommodation  Sq m  Sq ft
Retail sales area  37.42 sq m  402 sq ft
First floor kitchen    26.70 sq m  287 sq ft
First floor store  12.58 sq m  135 sq ft
Total floor area  77.02 sq m  829 sq ft

 

Planning

The property falls within the Sui Generis Class of the Use Classes Order 1987.

Terms

Terms

Available by way of a new full repairing lease for a term to be agreed.

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 To let 77.02 m2 (829ft2) Rent: £18,500

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