Grade II Listed office accommodation arranged over four floors Alternative use potential including residential (subject to planning). The accommodation is arranged at lower ground, ground, first and second/attic levels and provides a mix of private, general and meeting rooms. The internal areas have carpet floor covering plus emulsion painted wall surfaces, metal panel radiators and pendant light fittings. A number of the rooms include original period features.
Location
The property is prominently located at the junction of Copt Elm Road, Cudnall Street/Ryeworth Road, Greenways Lane and London Road (A40). The junction with Cirencester Road (A435) is approximately 600 metres to the west. The immediate area is predominantly residential. There are local shopping facilities on London Road. Cheltenham town centre is to the north west via the A40 (London Road)
Accommodation
4,261 sq ft Net (6,408 sq ft Gross
Terms
Sale of the freehold interest with vacant possession on completion.
The property forms part of Title No. GR142806.
Price Offers over £1,100,000.00
Energy Performance Certificate 110 E - expiry 29 June 2024.
Services We are advised that all mains services are connected to the premises. Any services shared with the adjoining building, “The Pavilion”, will be separated prior to completion. 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 Valuation Office Agency website states that the property is assessed as ‘Health Centre & Premises’. The rateable value is £51,000 effective from 1st April 2023.
The Property will require reassessment on completion of the sale. Interested parties should make their own enquiries of Cheltenham Borough Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www.voa.gov.uk.
Planning | Service Charges | Rates | EPC |Terms Planning Grade II Listed and Cudnall Street Conservation Area. The property appears to have established use for the office and health centre facilty. There may be alternative use potential, including residential (house or conversion to apartments), subject to receipt of the necessary consent. Prospective purchasers should make their own enquiries of the Planning Department at Cheltenham Borough Council (01242 262626).
Legal Costs Each party is to be responsible for their own legal costs.
VAT Under the Finance Acts 1989 and 1997, VAT will be not be levied. We recommend that the prospective tenants establish the VAT implications before entering into any agreement