Industrial to let in Unit 1 And 2, The Runnings, Kingsditch, Cheltenham GL51

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.

The premises are situated on The Runnings within Kingsditch Industrial Estate, which forms the main industrial area of Cheltenham approximately 2 miles to the north west of the town centre. J10 and J11 of the M5 motorway are 2 and 4 miles distant respectively.

Units 1 & 2 comprise a semi detached industrial unit of steel portal frame construction warehouse with brick elevations under a pitched roof (above the warehouses) and flat roofs above the offices to the front elevation.

Approximate measurements and Gross Internal Floor Areas
Two storey office accommodation to the front elevation and a warehouse to the rear, with two covered loading bays, loading door to the yard and allocated parking.

Offices
Overall 4.04 m x 13.5 m 54.74 sq m
Providing 2 separate rooms and 2 disabled WCs.

Two separate staircases lead to first floor
Overall 4.04 m x 13.5 m 54.74 sq m
Providing open plan office and 2 separate sets of WCs.

Warehouse
21.43 m x 16.92 m 362.65 sq m

Yard
14.15 m x 23.00 m 325.45 sq m

Fenced and gated yard to the side of the property provides secure external storage or further parking and there is a roller shutter loading door to the side elevation of the building.

Subject to Contract
The premises are available on a new full repairing and insuring lease, for a period of years to be agreed. The lease will contain a provision for periodic upward only rent reviews and a rent deposit may be required.

Proposals are invited based on an initial rent of £47,500 per annum exclusive.

The units are not elected for VAT.