Highfield Business Park is a popular and well-established business location, and comprises a broad variety of commercial uses.
The property comprises a mid-terrace light industrial warehouse unit of steel portal frame construction with part blockwork and clad elevations, under an insulated and clad roof incorporating translucent sky light panels, allowing for an excellent amount of natural daylight.
Location
Highfield Business Park is a popular and well-established business estate with access directly off the A38. It is located approximately 6 miles west of Cheltenham town centre, 4 miles south of Tewkesbury and 8 miles north of Gloucester via the A38. The M5 Motorway can be fully accessed via Junction 9 approximately 4 miles to the north, and restricted access at Junction 10 to the southeast. The estate is home to a number of established commercial occupiers, including Sign Link, Red Earth Systems, Premier Healthcare and Imagemaker Studios
Accommodation
2,847 sq ft (264.45 sq m)
Terms
Services We are advised that main services are connected to the premises. We confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items
Business Rates The information obtained from the Valuation Office Agency website shows a rateable value of £16,500. Interested parties should make their own enquiries to appropriate billing authority to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www .voa.gov.uk.
Energy Performance Certificate The EPC Rating is 87/D and the full certificate can be provided on request.
Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020
Terms The property is available on a new full repairing and insuring lease on terms to be agreed. The lease is to be contracted outside the security of tenure and compensations provisions of the Landlord and Tenant Act 1954. Rent £30,000 per annum, exclusive of VAT.
Legal Costs Each party is to be responsible for their own legal costs.
References/Rental Deposits Financial and accountancy references may be sought from any prospective tenant prior to agreement. Prospective tenants may be required to provide a rental deposit subject to the landlord’s discretion.
VAT Under the Finance Acts 1989 and 1997, VAT will be levied on the rent. We recommend that the prospective tenants establish the VAT implications before entering into any agreement.
AML A successful tenant will be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed.
Specification
- Industrial & Logistics
- Car Parking Spaces
- Haunch height 4m
- LED lighting