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Sovereign House Parabola Rd 2,119 sq ft of Office Space Available in Cheltenham GL50 3BD

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SUBLEASE HIGHLIGHTS

  • Landmark Commercial Building
  • Commanding Position
  • Popular, sought after Location
  • Private Car Park

ALL AVAILABLE SPACE(1)

Display Rent as

  • SPACE
  • SIZE
  • TERM
  • RATE
  • USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 2,119 sq ft
  • Jul 2032
  • £20.52 /sq ft pa £1.71 /sq ft pcm £43,482 pa £3,623 pcm
  • Office
  • Partial Fit-Out
  • 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
  • Partially Fit-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
  • Suspended Ceilings
  • DDA Compliant
Space Size Term Rate Space Use Condition Available
1st Floor 2,119 sq ft Jul 2032 £20.52 /sq ft pa £1.71 /sq ft pcm £43,482 pa £3,623 pcm Office Partial Fit-Out Now

1st Floor

Size
2,119 sq ft
Term
Jul 2032
Rate
£20.52 /sq ft pa £1.71 /sq ft pcm £43,482 pa £3,623 pcm
Space Use
Office
Condition
Partial Fit-Out
Available
Now

1st Floor

Size 2,119 sq ft
Term Jul 2032
Rate £20.52 /sq ft pa
Space Use Office
Condition Partial Fit-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 Fit-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Fits 6 - 17 People
  • Central Air Conditioning
  • Raised Floor
  • Suspended 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 Route
  • Security System

PROPERTY FACTS

Property Type
Office
Year Built
1926
Number of Floors
2
Property Size
4,323 sq ft
Costar Property Class
B
Typical Floor Size
2,322 sq ft
Parking
16 Surface Parking Spaces
  • Listing ID: 34971221

  • Date on Market: 28/02/2025

  • Last Updated:

  • Address: Parabola Rd, Cheltenham GL50 3BD

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