The available office accommodation is set over a three storey office building, presently laid out to provide a mix of open plan space with some partitioned rooms. The specification includes: fitted kitchen and shower, suspended ceilings, recessed light fittings, comfort cooling, full access raised floors, double glazing and carpeting.
Location
Waterwells Business Park is located two miles to the north of Junction 12 of the M5 motorway and 3 miles south of Gloucester City Centre, via the A38. Cheltenham is approximately 12 miles to the north east and Bristol 35 miles to the south. Waterwells Business Park is one of Gloucester’s premier business addresses and has attracted a number of major occupiers including Gloucestershire Police, Kohler Mira and Parcel Force. Local amenities include a hotel, restaurant and Park and Ride.
Accommodation
3,270 to 10,043 sq ft (303.79 to 933.02 sq m)
Terms
Services We are advised that all main services are connected to the premises. We confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items.
New leases are available on effective full repairing and insuring lease terms for a term of years to be agreed and contracted outside of the security of tenure and compensation provisions of the Landlord & Tenant Act 1954. The accommodation is available on a floor by floor basis, or as a whole.
Business Rates The property requires a separate assessment for Business Rates. Interested parties should make their own enquiries to Gloucester City Council to ascertain the exact rates payable. A change in occupation may trigger an adjustment of the ratings assessment. www.voa.gov.uk.
Energy Performance Certificate The property achieves a rating of 36:B Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020 Rent | Terms | Planning | Rates | EPC
Legal Costs Each party is to be responsible for their own legal costs.
References/Rental Deposits Financial and accountancy references may be sought from any prospective tenant prior to agreement.
Prospective tenants may be required to provide a rental deposit subject to the landlord’s discretion.
VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the rent. We recommend that the tenants establish the VAT implications before entering into any agreement.
AML A successful tenant will be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed.
Service Charges A service charge is levied by the landlord to cover the cost of maintaining the common areas of the building, and of the estate. Further details available on request.
Specification
• Modern open plan accommodation
• Excellent location approximately 2 miles north of Junction 12 of M5
• New leases available
• Allocated car parking