The property is a two-storey mid terraced building of rendered masonry construction with single glazed timber framed display window. Internally, the property is split to provide self-contained retail premises at ground floor level and a one-bedroom flat on the first floor.

The ground floor shop has been divided to provide an open plan retail sales area, with kitchen, WC facilities and further storage room to the rear. In general, the retail premises has tiled floor coverings, emulsion painted plaster walls and ceilings with integrated halogen / LED spot lighting within the ceilings.

The premises also benefit from a wall mounted electric A/C heating and cooling system within the main retail sales area. The water and electric utilities are connected to the premises.

The first-floor flat accommodation is split to provide a living room at the front of the building with the bedroom situated directly behind it. The kitchen and bathroom are located to the rear of the flat close to the entrance door.

The flat has painted plaster walls and ceilings throughout with pendant lighting and is currently not heated however, hot water is provided via electric water heaters. The flat benefits from separate water and electricity supplies from the retail premises.

Tenancies

The retail unit is let to Hudson Rose for a period of 6 years expiring August 3, 2028, at a rent of £15,000 per annum on an internal repairing and insuring basis. 

There is a tenant's break clause August 4, 2025. Copy of the lease is available on request from agent. The first floor one bedroom flat is currently vacant.

EPC

Ground Floor Retail has a rating of D-85.

First Floor Flat has a rating of E-50.

Location:

The property is situated fronting the south-eastern side of Bath Road whilst there is pedestrian access to the rear provided via Hermitage Street. The Property is located within the popular shopping area of Bath Road approximately ½ a mile south of Cheltenham town centre. Cheltenham Spa mainline railway station is located approximately 1¼ miles to the north-west.

Accommodation:

Ground floor retail premises (Net internal area): 45.25 sq m (477 sq ft)

First floor flat (Gross internal area): 36.27 sq m (390 sq ft)

Total: 81.51 sq m (877 sq ft)

Price: 

£325,000

Planning:

The property has been used for general retail which falls within Class E (formerly Class A1) A5 and C3 of the Uses Classes Order 1987.

Terms:

The property is offered freehold, subject to the occupational tenancy in place.

VAT:

The property is not elected for VAT.

Legal costs:

Each party to bear their own costs incurred in the transaction.

Contact:

Ash Chartered Surveyors 

Simon McKeag: 07737 691453

Harry Pontifex: 07917 886176