Lower ground floor, 20 and 21 Regent Street, Cheltenham
By Bethany Winter | 17th July 2023
The property comprises a 3 storey Georgian, end terraced Grade II Listed Building. The accommodation provides open plan sales / bar area with storage rooms and WC facilities included within the premises.
The lower ground floor is approached from external staircase behind iron railings which is accessed from Regent Street. Generally, the premises have emulsion painted plaster walls and ceilings. Lighting is currently provided by a mixture of halogen spotlights and fluorescent/pendant lighting.
Ash Chartered Surveyors understand that electricity and water supplies are connected to the property.
An EPC is being prepared.
Location:
The property is situated within the centre of Cheltenham fronting the east side of Regent Street which runs parallel north to south with The Promenade and linked to Regent Street via Ormond Place, a short road, partly pedestrianised and a thoroughfare linking the Promenade to the Regent Arcade Shopping Centre.
Within the immediate area there are Café Nero, Cavendish House (House of Fraser), Kibou, The Find/Workplace network, Loakes Shoes and Decathlon which form part of the shopping centre.
Accommodation:
(Approximate Net Internal area)
Retail sales area: 72.02 sq m (775 sq ft)
Storage room: 1.58 sq m (17 sq ft)
Total floor area: 73.58 sq m (792 sq ft)
Rent:
£26,000
Rates:
The property will need to be reassessed for rating purposes. Prospective occupiers should check with the Local Authority to establish any transitional relief that may be applicable.
Planning:
The property falls within Class E of the Use Classes Order 1987.
Terms:
Available by way of a new full repairing lease for a term to be agreed.
VAT:
The property is not elected for VAT.
Legal costs:
Each party to bear their own costs incurred in the transaction.
Contact:
Simon McKeag: 07737 691453
Harry Pontifex: 01242 255242
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