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Gloucestershire Business News

17 Pittville Street, Cheltenham

The property is a Grade II listed building believed to date back to c. 1820's (source: Historic England).

KBW is offering to the market the ground floor and basement shop, incorporating a timber framed and glazed shop front with recessed central entrance door, providing ground floor sales with ancillary basement accommodation.

The basement is currently divided into 3 rooms plus a kitchenette and WC with wash hand basin.

EPC: The property is listed and therefore believed to be exempt.

Location:

With a population of around 120,000, Cheltenham is an important regional shopping location serving an extensive catchment area.

The town is renowned for its range and quality of shopping and its festivals attract many visitors throughout the year.

The subject premises occupy a prominent position on Pittville Street adjacent to the entrance to Marks and Spencer's food hall and close to the prime section of the High Street shopping area.

Accommodation:

The approximate dimensions and net internal floor areas are as follows:

Gross frontage: 6.4 m (21 ft)

Internal width: 6.22 m (20 ft 5) max

Shop depth: 8.92 m (29 ft 3) max

Ground floor sales: 52.25 sq m (562 sq ft)

Basement ancillary: 48.23 sq m (519 sq ft)

Total: 100.48 sq m (1,018 sq ft)

Terms:

Available on a new (effectively) full repairing and insuring lease for a term of years to be agreed incorporating regular rent reviews.

Rent:

£20,000 per annum exclusive.

Rates:

Rateable Value: £17,750

The above information 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.

Planning:

A1 (Retail) use. Other uses will be considered, subject to planning.

VAT:

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.

Legal costs:

Each party to bear its own legal costs incurred in the transaction.

Contact:

KBW Property Consultants 

01242 244744

enquiries@kbw.co.uk 

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