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Gloucestershire Business News

74 High Street, Cheltenham

The property comprises a self-contained retail unit with fully glazed frontage.

The accommodation is arranged over 3 floors and comprises retail and storage on the ground floor; offices, storage, a kitchenette on the first floor with further offices/storage provided at second floor level. WC facilities are provided.

There is an enclosed yard to the rear of the property.

The property has an EPC Rating of D-92. Certificate Reference No. 9603-3091-0861-0700-9901.

Location:

The property is situated in the pedestrianised area of Cheltenham's High Street, close to its junction with Bath Road.

This is a well-established retail location and major occupiers include a Sainsburys Convenience Store, New Look, Argos and Iceland.

In addition, there are a number of public houses and cafes in the immediate area.

Accommodation:

(Approximate Net Internal area)

Ground floor: 66.42 sq m (715 sq ft)

First floor: 37.62 sq m (405 sq ft)

Second floor: 25.73 sq m (277 sq ft)

Total: 129.78 sq m (1,397 sq ft)

Rates:

The assessment currently appearing in the Valuation List is as follows:

Rateable Value: £18,250

Rate in £ 2020/2021: 0.499

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

Rent:

£17,000

Planning:

Within Class A1 of the Use Classes Order 1987.

Terms:

The property is offered freehold with vacant possession or by way of a new full repairing and insuring lease for a term to be agreed.

Price:

£295,000

VAT:

The property is not elected for VAT.

Legal costs:

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

Contact:

Ash & Co 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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