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Gloucestershire Business News

124 High Street, Cheltenham

Prominent retail unit in a high footfall location opposite John Lewis, available to let.

The fully fitted premises offer ground floor sales of approximately 1,936 sq ft plus ground floor and first floor ancillary accommodation.

Flexible Class E use class.

EPC: B and C. Report available upon request.

Location:

Cheltenham is a large, affluent town and is popular with domestic and overseas tourists.

The premises occupy a prime position on the busy High Street, directly opposite John Lewis & Partners and a few minutes' walk from Regent Arcade. Nearby retailers include Costa, Next, Barclays, H&M and River Island.

Accommodation:

The fully fitted premises offer the following approximate floor areas: sq m sq ft

Ground Floor Sales: 179.9 sq m (1,936 sq ft)

Ground Floor Ancillary: 30.7 sq m (330 sq ft)

First Floor Ancillary: 67.1 sq m (722 sq ft)

Tenure:

The premises are available on a new lease basis for a term to be agreed.

Rent: £80,000 per annum exclusive.

Business Rates:

We are informed by the Local Authority that the premises have been assessed for ratings as follows: Rateable Value £64,000

UBR (2020/21) 51.2p

Rates Payable £32,768

Interested parties should confirm any rating liability directly with the Local Authority.

Legal costs:

Each party will be responsible for their own costs.

Contact:

KBW Property Consultants 

Richard Knightley - richard.knightley@kbw.co.uk 

124 01242 246092

GCW

Gareth Storer - gareth.storer@gcw.co.uk 

0207 647 4825

Archie Morriss - archie.morriss@gcw.co.uk 

020 7648 4822

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