99 High Street, Cheltenham
By Bethany Winter | 8th December 2023
The premises are available on a new lease on terms to be agreed, subject to vacant possession.
The property is located one door away from the new 30,000 sq ft Roxy Lanes leisure venue.
EPC rating: D (94).
Location:
The property occupies a prominent position on the pedestrianised High Street, immediately adjoining The Works and Superdrug and one door away from the new 30,000 sq ft Roxy Lanes leisure venue.
Accommodation:
The unit is arranged over ground and first floor, providing the following approximate net internal areas:
Ground floor - Sales area: 258.73 sq m (2,785 sq ft)
First floor - Ancillary: 225.94 sq m (2,432 sq ft)
Total: 484.67 sq m (5,217 sq ft)
Terms:
The property is available subject to vacant possession on a new effectively full repairing and insuring lease, by way of a service charge for a term of years to be agreed, subject to an upward only rent review at the expiry of each 5th year of the term.
Rent & Service Charge:
On application.
Business Rates:
Rates payable: £45,312 per annum (based upon Rateable Value: £88,500)
The ingoing tenant may qualify for a 75% discount from the Rates Payable through the Retail, Hospitality and Leisure Relief Scheme. Interested parties should contact the local rating authority to confirm their likely liability.
Legal Costs:
Each party to be responsible for their own legal and professional costs incurred in this transaction.
Contact:
Sebastian Collins
01179 102 209
07800 912 541
Matthew Brown
0117 910 2218
07870 999 610
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