Office For Sale, Cheltenham, Gloucestershire

Portland Street is a well-established commercial location, positioned close to the Promenade and High Street, with a mix of offices, retail, and professional occupiers nearby. The property enjoys excellent access to public transport, with Cheltenham Spa railway station within walking distance and a comprehensive bus network serving the immediate area. Several public car parks are also located nearby, providing convenient access for staff and visitors.

Freehold Period Building & Parking

Conversion Potential (stp)

Current Use Class E

Passing Rent £20,496 With Lease
Expiring November 2026

Location

Portland Street Is A Well-established Commercial Location, Positioned Close To The Promenade And High Street, With A Mix Of Offices, Retail, And Professional Occupiers Nearby. The Property Enjoys Excellent Access To Public Transport, With Cheltenham Spa Railway Station Within Walking Distance And A Comprehensive Bus Network Serving The Immediate Area. Several Public Car Parks Are Also Located Nearby, Providing Convenient Access For Staff And Visitors.

Description

The Property Is Arranged Over Four Floors, With Basement, Ground, First And Second Floor And Provides Well-proportioned Commercial Accommodation With Good Natural Light Throughout. Whilst The Unit Is Currently Occupied By 'hands On Wellbeing' As Therapy And Treatment Rooms, The Layout Is Adaptable And Lends Itself To Use As Offices, Professional Services, Creative Workspace, Or Alternative Commercial Uses (subject To Any Necessary Consents).

The Property Benefits From A Large External Front Car Park Providing Space For Turning And Circa 7 Parking Spaces.

The Property (including The Building, Walls, Railings And Piers) Is Grade Ii Listed.

Services

We Are Advised That The Property Is Connected To All Mains Services (gas, Electricity, Water And Drainage), However, Have Not Carried Out Any Tests
In This Regard.

Planning

We Understand That The Property Falls Under Use Class E Of The Town And Country Planning Act (as Amended). The Property Was Converted From The Manse (residential House) Of North Place Church To Office Use In 1984. In 2016 An Application Was Approved For Change Of Use Class D1. Signage Consents Are Also In Place.

The Building May Have Scope For Conversion Back To Residential (stp). The Vendor Has Instructed An Architect To Undertake Feasibility Drawings For A Potential Conversion To Residential (a Single Dwelling Or Hmo Units) And Plans Are Included In The Data Pack. Any Conversion Will Require Full Planning Approval And Listed Building Consent Approval.

Vat

The Property Has Not Been Elected For Vat.

Business Rates

Description: Office And Premises: Rateable Value: £24,250

Terms

Unconditional Offers Are Sought At A Guide Price Of £450,000. Offers Conditional On The Vendor Achieving Vacant Possession Or Subject To Lease Renewal May Be Considered.

Epc

Commissioned.

Legal Costs

Each Party Is To Incur Their Own Legal Fees.

Viewing

Viewing Is By Appointment Only With The Sole Selling Agents.