Office to let in Parker Court, Knapp Lane, Cheltenham GL50

Parker Court is located in the heart of Cheltenham’s commercial district, adjacent to Waitrose, and a short walk to the High Street, Montpellier and Promenade.

Parker Court comprises part of a former primary school, which has been converted and refurbished to provide attractive office accommodation incorporating gas fired central heating and on site car parking facilities.

Approximate measurements and Net Internal Floor Areas
Ground Floor:
Main entrance to communal access hallway with demised ground floor offices to the right hand side.

Office One 5.6 m x 5.7 m = 31.9 sq m
with door through to:
Office Two 4.6 m x 3.6 m = 15.7 sq m

Total 47.6 sq m

Two car parking spaces are allocated.

First Floor:
Main entrance to communal access hallway and stairs leading to a dedicated entrance landing.

Meeting Room 2.58m x 3.28m = 8.48 sq m
with door through to:
Office Two 7.65m x 3.3 = 25.28 sq m
(A Comms Room is partitioned within this area)
Main Office 15.2m x 9.1m = 138.71 sq m
(Area includes two partitioned offices)
Total 172.47 sq m

A kitchenette and WC facilities are provided within the office demise.

Six car parking spaces are allocated.

The premises are not elected for VAT.

Subject to Contract
The premises are available for a period of five years, on a new effectively full repairing and insuring lease by way of a service charge provision.

The lease will allow for periodic upward only rent reviews, and a rent deposit may be required.

The lease will be excluded from the security of tenure provisions of the Landlord & Tenant Act 1954 Part II and will contain a mutual break option at the third anniversary of the term.

The initial rent required for the ground floor demise is £7,500 per annum exclusive and the first floor £25,000 per annum exclusive.

The Tenant will be responsible for advance payment of a service charge in respect of, but not limited to, the costs incurred in maintaining and repairing the fabric and structure of the building, maintenance, heating, lighting and cleaning of the common parts of the buildings, maintenance and landscaping of the external common areas. The service charge increases annually in line with the Retail Price Index (rpi) and is payable quarterly in advance. Further information available on request.