Skip navigation

Gloucestershire Business News

272-274 High Street, Cheltenham

The property comprises a 'double' ground floor retail unit with storage area and welfare facilities to the rear.

The property benefits from extensive High street frontage and a rear access for loading.

Please note, the upper parts of the property, comprising residential accommodation, are under separate ownership and do not form part of the demise.

The property has an EPC rating of C-55. Certificate Ref No: 0960-1978-0371-4410-2080.

Location:

Cheltenham is a large and affluent town within the Cotswolds, approximately 1 hours drive from Birmingham and 2 hours' drive from central London, easily accessed from the M5 Motorway at junctions 10 and 11.

The property itself is located in a busy high street location on the fringe of the town centre.

Nearby occupiers include, Premier Inn Hotel, Poundland, Primark and Wilkinson's. Cheltenham has a total population of approximately 110,000 people and a retail catchment area understood to be in excess of 180,000.

Accommodation:

Approximate net internal area

181.81 sq m (1,957 sq ft)

Rates:

The assessment presently appearing on the Valuation Office Agency website is as follows:

Rateable Value: £33,750

Rate in £ 2019/2020: 0.491

Prospective occupiers are advised to check with the Local Authority to establish any transitional relief that may be applicable.

Planning:

It is considered that the premises would be suitable for general A1 (retail) uses. Prospective tenants are advised to speak with the Local Authority for confirmation.

Terms:

The property is available by way of new FRI type lease for a term of years to be agreed between the parties and incorporated upward only rental review at appropriate intervals.

VAT:

All rentals etc exclude the liability of VAT, which may be chargeable as an addition and at the appropriate rate prevailing.

Service charges:

A variable charge is levied on the unit in order to cover the economic cost of the upkeep and maintenance and management, etc of common parts and facilities. Levied on a fair proportion basis.

Legal costs:

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

Contact:

Ash & Co 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

Related Articles

Block M, Units 1-3 Greyfriars Media Site, Brunswick Road, Gloucester Image

Block M, Units 1-3 Greyfriars Media Site, Brunswick Road, Gloucester

The unit is located within the ground floor of a two-storey building providing predominantly residential accommodation.

First Floor, 16 Imperial Square, Cheltenham Image

First Floor, 16 Imperial Square, Cheltenham

The property comprises a prestigious 19th Century mid terraced Grade II* listed building.

Office - First Floor, 4 Fairview Court, Fairview Road, Cheltenham Image

Office - First Floor, 4 Fairview Court, Fairview Road, Cheltenham

The property is constructed with cavity brickwork walls and pitched tiled roof, which incorporates timber framed double glazed Velux windows.

All Saints Church, Nailsworth Image

All Saints Church, Nailsworth

The property provides a closed Grade II listed church dating from circa 1866.

Copyright 2019 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.