Office to let in 3 Royal Crescent, Cheltenham GL50

The offices are located at Royal Crescent, Cheltenham, which is in the centre of Cheltenham’s commercial and business district overlooking Royal Well.

3 Royal Crescent is a Grade II* Listed Building forming part of an attractive 19th Century crescent and having been modernised to provide gas centrally heated office accommodation.

Approximate Net Internal Areas
Second Floor
Office One 160 sq ft (14.88 sq m)
Third Floor
Office One 180 sq ft (16.79 sq m)
Office Two 94 sq ft ( 8.70 sq m)
Total 434 sq ft (40.37 sq m)

The tenant will be responsible for contributing the following payments to the service charge and buildings insurance as follows:
Second Floor Office 4.58%
Third Floor Offices 7.80%

This is a share of the total costs incurred in respect of the maintenance and upkeep of the internal common areas of the building, external maintenance, fire and intruder alarm maintenance and cleaning of common parts together with property insurance. Electricity and heating is included in the service charge.

Subject to Contract
The premises are offered to let on a new lease for a term of three years (or other to be agreed). The leases will be excluded from Security of Tenure Provisions of the Landlord & Tenant Act 1954 Part II.

Rent

Second Floor Office £3,200 per annum
Third Floor Offices £4,100 per annum
The car parking space is allocated to the third floor office.

A rent deposit of £1,000 may be required in respect of each letting and will be held by the landlord for the duration of the lease term.

VAT will be payable on rent, insurance and service charge costs.