From
£14,500 pa
(£31.52/sq. ft. pa)
Retail premises to letMontpellier Courtyard, Montpellier Street, Cheltenham GL50
From 460 - 1,057 sq. ft
About this property
Sought after location
Award winning development
Retail, leisure & restaurant units
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.
Montpellier is a nationally renowned Regency conservation area, comprising some eighty high quality specialist and convenience shops, service trades, restaurants and café bars.
Montpellier Courtyard is an award winning shopping and residential development constructed in the mid 1980’s, which occupies a prominent position and provides a community of retail and restaurant premises at ground and upper ground floor levels.
Units 10,11 and 12 are located on the upper ground floor and Units 18 and 20A are located on the ground floor. All units provide single level lock up retail premises.
Net internal floor areas
10: 460 sq ft 42.73 sq m
12: 694 sq ft 64.47 sq m
18: 578 sq ft 53.70 sq m
20A: 1,057 sq ft 98.19 sq m
Subject to Contract
Each unit is available on a new effectively full repairing and insuring lease by way of a service charge provision, for a term of years to agreed.
The lease will include periodic upward only reviews and a rent deposit may be required.
Proposals are invited based on the following guide rents:
10: £14,500
12: £20,850
18: £16,750
20A: £31,000
Rent quoted is per annum, exclusive of business rates, service charge, utility costs, insurance rent and VAT. Rent is payable quarterly in advance by banker’s standing order.
A service charge will be levied to cover the costs incurred by the Landlord in maintaining, repairing, cleaning and servicing the structure and external parts of the premises and the communal areas and facilities of The Courtyard.
Montpellier Courtyard is elected for VAT, which will be payable on rent and other property related charges.
The town hosts several major international festivals for science, literature, music, and national hunt racing.
Montpellier is a nationally renowned Regency conservation area, comprising some eighty high quality specialist and convenience shops, service trades, restaurants and café bars.
Montpellier Courtyard is an award winning shopping and residential development constructed in the mid 1980’s, which occupies a prominent position and provides a community of retail and restaurant premises at ground and upper ground floor levels.
Units 10,11 and 12 are located on the upper ground floor and Units 18 and 20A are located on the ground floor. All units provide single level lock up retail premises.
Net internal floor areas
10: 460 sq ft 42.73 sq m
12: 694 sq ft 64.47 sq m
18: 578 sq ft 53.70 sq m
20A: 1,057 sq ft 98.19 sq m
Subject to Contract
Each unit is available on a new effectively full repairing and insuring lease by way of a service charge provision, for a term of years to agreed.
The lease will include periodic upward only reviews and a rent deposit may be required.
Proposals are invited based on the following guide rents:
10: £14,500
12: £20,850
18: £16,750
20A: £31,000
Rent quoted is per annum, exclusive of business rates, service charge, utility costs, insurance rent and VAT. Rent is payable quarterly in advance by banker’s standing order.
A service charge will be levied to cover the costs incurred by the Landlord in maintaining, repairing, cleaning and servicing the structure and external parts of the premises and the communal areas and facilities of The Courtyard.
Montpellier Courtyard is elected for VAT, which will be payable on rent and other property related charges.
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