Skip navigation

Gloucestershire Business News

27 Promenade, Cheltenham

The premises forms part of a Grade II listed regency period building with a timber framed and glazed shop front with central double doors. The current shop fit comprises a laminate floor, spot lighting, air conditioning and over door heater units.

A rear stairwell provides a link to ancillary space at ground floor and a staircase gives access to the basement ancillary accommodation.

The upper floors can also be made available if required.

EPC: The building 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 various festivals attract many visitors throughout the year.

The subject premises occupy a prominent position on Promenade.

Nearby occupiers include Lakeland, Superdry, Space, NK, Fat Face, Waterstones, Natwest, Huffkins and House of Fraser.

Accommodation:

The approximate net internal floor areas are as follows:

Ground floor:

Sales Area: 68.45 sq m (737 sq ft)

Ancillary: 14.98 sq m (161 sq ft)

Basement:

Ancillary: 75.74 sq m (815 sq ft)

Staff facilities to be relocated to part of the basement.

Total: 159.17 sq m (1,713 sq ft)

Additional ancillary accommodation at first, second and third floor levels can also be provided if required.

Terms:

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

Rent:

£80,000 per annum exclusive. Subject to vacant possession.

Planning:

Class A1 (retail) use.

Rates:

Rateable Value to be reassessed.

Interested parties should make their own enquiries of the billing authority (Cheltenham Borough Council) to verify the current rates payable.

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 Chartered Surveyors

01242 244744

enquiries@kbw.co.uk 

Related Articles

Industrial Unit 2, Spring Mill Industrial Estate, Avening Road, Nailsworth, Stroud Image

Industrial Unit 2, Spring Mill Industrial Estate, Avening Road, Nailsworth, Stroud

A modern warehouse/industrial unit of portal steel frame construction with a mixture of reconstituted stone.

Unit 7 Bamel Way, Gloucester Business Park Image

Unit 7 Bamel Way, Gloucester Business Park

The property is situated in the Clifton Centre, the industrial sector at the eastern end of the Park and comprises a modern end of terrace industrial/warehouse building of steel frame construction with a brick front elevation.

14 The Oxebode, Gloucester Image

14 The Oxebode, Gloucester

The property is situated in an attractive terrace known as The Oxebode which dates from around 1929.

First Floor, The Old Chapel, Culver Street, Newent Image

First Floor, The Old Chapel, Culver Street, Newent

The available space is located on the first floor of a former Chapel and comprises five individual offices, a storage area, kitchen facilities and WC.

Copyright 2020 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.