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Gloucestershire Business News

90 High Street, Cheltenham

The subject property comprises a mid-terrace three storey property on a pedestrianised part of Cheltenham's High Street.

 On entering the property through the timber framed glazed shop front, approximately 4.5 metre (14" 9') wide, the ground floor is currently configured with a seating area to the front and a visible serving / cooking area towards the back of the customer seating area.

A further kitchen preparation area along with disabled, male and female WC's are found at the rear of the property.

Currently providing 23 covers with scope for more, the ground floor seating area is laid with a wood effect man made floor covering and benefits from electric heating and modern pendant lighting. The kitchen and WC areas are laid with a vinyl floor covering.

First and second floor levels provide ancillary accommodation with night storage heaters, fluorescent tube lighting and wood effect floor coverings.

At the rear of the property is a service yard for deliveries accessed via Bath Street.

EPC: The property has an energy rating C (75). A copy of the Energy Performance Certificate can be made available upon request.

Location:

Occupying a prominent position, less than 100 metres from the John Lewis department store (opened Oct 2018), the property is found at the East end of Cheltenham High Street near to the inner ring road system.

Other occupiers nearby include Argos, Subway, Blue Cross Charity Shop, Amplifon, Millets, Iceland and Sainsburys.

Accommodation:

The approximate net internal areas are as follows:

Ground Floor Sales / Restaurant: 117.12 sq m (1,261 sq ft)

First Floor Ancillary: 20.54 sq m (221 sq ft)

Second Floor Ancillary: 16.24 sq m (175 sq ft)

Total: 153.90 sq m (1,657 sq ft)

Terms:

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

Rent:

£37,500 per annum exclusive.

Planning:

The property benefits from Use Class A3 (Restaurants and Cafes). Alternative uses will be considered, subject to planning.

Rates:

Rateable Value: £24,000

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.

VAT:

VAT is 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:

01242 244744

enquiries@kbw.co.uk 

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