For sale

Glendale House, 11 Montpellier Terrace, Cheltenham, GL50 1UX

Office Cheltenham For sale 320.29 m2 (3448ft2)

The property is a Grade II Listed Georgian building dating from 1820 to 1834 situated in a terrace which were originally dwellings and now comprise a mix of residential, offices and a hotel.

Constructed in ashlar over brick with slate roofs, the building retains key architectural features including stucco detailing, sash windows with margin lights, pedimented attic storeys, wrought- and cast-iron balconies and internally, original woodwork such as paneled shutters and cornicing remain in place. 

The accommodation comprises offices from lower ground to second floor and in general these have painted plastered walls and ceilings with ceiling mounted lights, carpet or laminate flooring and it is heated by way of a gas fired central heating system via radiators. 

The third floor comprises a residential flat with 2 bedrooms, living room, kitchen and bathroom.

The main access is off the side elevation and there are further entrances to the rear and the lower ground floor. There is a small landscaped area to the side of the building with driveway which can accommodate 3 cars.

The offices have an EPC Rating of D-83, and an EPC is being prepared for the flat.

Address and Location

Address :

Glendale House
11 Montpellier Terrace
Cheltenham
Cheltenham
GL50 1UX

The property is located in a prominent location in Montpellier Terrace, Cheltenham, providing attractive views towards The Promenade, Montpellier Gardens and the Town Centre. The property is some 3.7 miles from Junction 11 of the M5 motorway, via the A40. Nearby occupiers include The Ivy, Cote Brasserie, Coffee #1 and various retailers, cafes and hairdressers. The area is popular with professional and office users. There is a bus stop close to the property and the main line railway station is approximately 1 mile distance.

Rates

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

Ground, First and Second Floors: £25,750
Basement: £5,000

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

The Flat is listed within Band C for Council Tax purposes. 

Accommodation

(Approximate net internal areas)

  Size m2

Size ft2

Lower Ground Floor 67.72 739
Ground Floor 60.13 647
First Floor 53.99 581
Second Floor 60.13 647
Sub Total 251.20

2,703

Third Floor 69.09

744

TOTAL 320.29

3,447

Planning

The property has been used as offices and residential which fall within Classes E and C3 the Use Classes Order 1987. The property may suit a range of uses, subject to the necessary consent being obtained.

Terms

Terms

The property is offered freehold with vacant possession, except for the third-floor flat, which is subject to a lifetime residential tenancy. Further details available upon request.

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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Office Cheltenham For sale 320.29 m2 (3448ft2) Price: £875,000

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