Office to let

Cheltenham is a Regency Spa town having a population of 115,000 (source Office for National Statistics 2010), located approximately 99 miles to the west of London and midway between Bristol and Birmingham adjacent to junction 11 of the M5 motorway with dual carriageway access to London via the A417/419 and M4 motorway. Railway services are to London Paddington (2 hours 10 mins).

The town hosts several major international festivals for science, literature, music, and national hunt racing.

Sunshine Industrial Estate is located in the Leckhampton district of Cheltenham to the south of the town centre, a short distance from the popular Bath Road.

Occupiers in the vicinity include Travis Perkins, Mark Holland Group Limited, Spa Windows & Doors, Croft Garage, Benchmarx Kitchens & Joinery and a variety of independent and national companies.

The premises comprise a self contained office suite at first floor level with access directly from Churchill Road and car parking allocated in the estate’s car park which is accessed off Mead Road.

Approximate measurements and Gross Internal Areas
Internal width: 24.6m
Internal depth: 7.6m
Gross Internal Area: 186.96 sq m (2,012 sq ft)

Internally, the premises currently provides a series of partitioned rooms which the landlord will remove to provide an open plan space.

Subject to Contract
The premises are available on a new effectively full repairing and insuring lease by way of a service charge provision, for a period of years to be agreed.

The lease will be excluded from the security of tenure provisions of the Landlord & Tenant Act 1954 Part II and a rent deposit may be required.

The initial rent will be £15,000 per annum exclusive.

A service charge is payable in respect of maintenance and repair of the internal and external common areas of the estate, along with provision of services to the site. The current cost is £200 per quarter and 13.41% of the total annual costs.

The Tenant is responsible for reimbursing the Landlord 13.41% of the annual buildings insurance premium for the estate.

The property is not elected for VAT.