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Gloucestershire Business News

99 High Street, Cheltenham

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:

Savills 

Sebastian Collins

01179 102 209

07800 912 541

sebastian.collins@savills.com 

Matthew Brown

0117 910 2218

07870 999 610

mabrown@savills.com 

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