10A High Street - Prestbury, Cheltenham
By Matt Hall
The village of Prestbury adjoins the north eastern outskirts of Cheltenham leading to Winchcombe and Broadway to the north east. Prestbury is a popular residential area which has recently seen substantial growth on both the east and west sides of the village centre.
The subject premises occupy a prominent position on the High Street where other occupiers include Rowlands Chemist, Waghornes Butchers, The Kings Arms pub and Tweney's Budgens convenience store. A pay and display car park is situated directly opposite the subject premises and a further free car park is situated just off The Bank nearby.
The approximate dimensions and net internal floor areas are as follows: Gross Frontage: 9.3 m (30 ft 6) Internal Width: 8.9 m (29 ft 2) Built Depth: 9.91 m (32 ft 6) Sales Area: 65.3 sq m (703 sq ft) Rear Store: 5.3 sq m (57 sq ft)
The subject premises comprise a ground floor shop / office with double fronted bay windows fronting the High Street, suspended ceilings to the sales area with recessed light fittings, a fully tiled floor, electric panel heaters and separate male and female WC facilities. The sales area currently incorporates a kitchen / staffroom which has been created by way of stud partition walling which could therefore be removed if required. There is also a separate store to the rear.
We are advised that the premises has planning consents for both Class A1 (retail) and Class A2 (financial and professional services) uses.
The premises are available by way of a new effectively fully repairing and insuring lease for a term of years to be agreed incorporating regular rent reviews.
£16,500 per annum exclusive.
Rateable Value: £11,000 The Rateable Value was obtained from the Valuation Office website. Interested parties should make their own enquiries of the billing authority (Cheltenham Borough Council) to verify the current rates payable.
Each party to be responsible for its own legal costs incurred in the transaction.
The property has an energy performance rating of 109 (E). The Energy Performance Certificate is available on request.
VAT may be payable on the rent or any other charges or payments detailed. All figures quoted are exclusive of VAT and intending lessees must satisfy themselves as to the VAT position by taking appropriate professional advice.
Strictly by prior appointment with the sole agent KBW.
Tel: 01242 244744
Fax: 01242 526021
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