Location

Cheltenham is a major regional centre with a shopping population of approx. 250,000 people. The property occupies a prime location on the High Street, within the ownership of Regent Arcade Shopping Centre. The premises are immediately adjacent to H&M with other multiple retailers represented nearby including the new John Lewis Department Store, Top Shop and Next.

Accommodation

Sales Area

Ground Floor 4,504 sq ft (418 sq m)
First Floor (potential sales) 4,353 sq ft (404 sq m)
Second Floor (ancillary) 2,508 sq ft (232 sq m)

Lease Type

Existing Lease

Lease Term

The Lease expires in November 2044 subject to a Tenant only break option in November 2034.

Rent

£400,000 pa

Service Charge

The Service Charge for the current year is approx. £35,000.

Rateable Value

2020 — £332,500

Viewing

Strictly by appointment. Staff are unaware.

Get in touch

Simon Wild – Partner

Simon Wild – Partner

M: 07932 683 686
E: Click to email