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Sovereign House Parabola Rd 2,119 SF of Office Space Available in Cheltenham GL50 3BD
SUBLEASE HIGHLIGHTS
- Landmark Commercial Building
- Commanding Position
- Popular, sought after Location
- Private Car Park
ALL AVAILABLE SPACE(1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
The premises are available by way of an Assignment of the existing occupational Lease, which is on full repairing and insuring terms and expires on 20th July 2032. The rent passing is £88,700 per annum exclusive and there is an upward only rent review in July 2027. The Lease is within the security of tenure provisions of the Landlord & Tenant Act 1954 Part II.
- Use Class: E
- Partially Built-Out as Standard Office
- Fits 6 - 17 People
- Raised Floor
- Recessed Lighting
- Sublease space available from current tenant
- Mostly Open Floor Plan Layout
- Central Air Conditioning
- Drop Ceilings
- DDA Compliant
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 2,119 SF | Jul 2032 | $27.39 /SF/YR $2.28 /SF/MO $58,035 /YR $4,836 /MO | Office | Partial Build-Out | Now |
1st Floor
| Size |
| 2,119 SF |
| Term |
| Jul 2032 |
| Rental Rate |
| $27.39 /SF/YR $2.28 /SF/MO $58,035 /YR $4,836 /MO |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size | 2,119 SF |
| Term | Jul 2032 |
| Rental Rate | $27.39 /SF/YR |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
The premises are available by way of an Assignment of the existing occupational Lease, which is on full repairing and insuring terms and expires on 20th July 2032. The rent passing is £88,700 per annum exclusive and there is an upward only rent review in July 2027. The Lease is within the security of tenure provisions of the Landlord & Tenant Act 1954 Part II.
- Use Class: E
- Sublease space available from current tenant
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 6 - 17 People
- Central Air Conditioning
- Raised Floor
- Drop Ceilings
- Recessed Lighting
- DDA Compliant
PROPERTY OVERVIEW
The property comprises a modern two storey purpose built office building, of rendered elevations under a tile covered pitched roof. Sovereign House is located at the gateway to Montpellier fronting Parabola Road and adjacent to the junctions of the A40 Lansdown Road, Bayshill Road and Montpellier Street.
- Bus Line
- Security System
PROPERTY FACTS
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Sovereign House | Parabola Rd
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