Property to Let - The Shambles

Office Premises

7 – 8 The Old Town Hall, The Shambles
Stroud, Gloucestershire, GL5 1AP

TO LET

643 sq ft (59.79m2) approximately

Location

The Cotswold town of Stroud is approximately 6 miles to the east of Junction 13 of the M5 motorway which provides easy access to Gloucester, Cheltenham and Bristol. Main line rail services are available from Stroud with a journey time to London of approximately 1 hour 30 minutes.

Description

The Property comprises a double fronted ground floor section forming part of Stroud’s historic Old Town Hall which is a grade II* listed building, situated on The Shambles and backing onto Church Street.

The unit comprises two good sized interlinking offices which can be accessed either through the Old Town Hall itself or through a private front entrance directly off The Shambles. It has a wealth of unusual features including a vaulted ceiling in Office 7.

Accommodation

The following areas are measured on a net internal basis as defined by the Code of Measuring Practice.

Office 7 167 sq ft (15.55 m2)
Office 8 476 sq ft (44.24 m2)

Approximate Net Internal Area 643 sq ft (59.79 m2)

Services

We are advised that all main services are connected to The Old Town Hall, which is heated by gas fired central heating.

We have not tested any of the service installations and any occupiers must satisfy themselves independently as the state and condition of such items.

Tenure

The property is available on a new lease, terms to be negotiated.

Rent

£8.00 per sq ft per annum exclusive

Service Charge

A service charge is apportioned to the property to cover communal costs. The current charge for offices 7 & 8 is £2,600 pa. This includes cleaning, electricity, water, drainage and gas charges.

Planning

We understand that the premises benefits from B1(a) planning consent. Interested parties should make their own enquiries to Stroud District Council Planning Services.

Rateable Value

The valuation office website describes the property as office premises with a rateable value of:

Office 7 £1,350
Office 8 £2,325

Total £3,675

Interested parties should make their own enquiries with the Stroud District Council’s Non-domestic rates service to ascertain the exact rates payable. A change in occupation may trigger an adjustment of the rating assessment.

Legal Costs

Each party is to bear its own legal costs in connection with any transaction.

Viewing Arrangements
Stroud District Council
Ebley Mill
Stroud
GL5 4UB

RICS Code of Practice for Commercial Leases
Please see http://www.dyercommercial.co.uk/codes/RICS%20Code%20of%20practice.pdf

Asbestos Regulations

Under the Control of Asbestos regulations 2006 (CAR 2006), the owner or tenant of the property, and anyone else who has control over it and/ or responsibility for maintaining or repairing it, a statutory obligation to detect and manage any asbestos or asbestos related compounds contained with the property. Failure to comply with the CAR is an offence and could adversely affect the value of the property.

The Council can make available a report that presents the observations and analytical results of a Type 2 asbestos survey (as specified in HSE guidance document MDHS/100), with appropriate sampling references. The report was undertaken on 15th January 2003.

Important notice

These particulars do not constitute any offer or contract and although they are believed to be correct their accuracy cannot be guaranteed and they are expressly excluded from any contract.

The details of the property are attached below and we hope will be of interest to you. If you have any further queries please do not hesitate to contact us by email at Abigail.Sully@stroud.gov.uk or by telephone on (01453) 754437.