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Gloucestershire Business News

28 Winchcombe Street, Cheltenham

The property comprises a 4 storey mid terraced retail premises of masonry construction with smooth rendered painted elevations and a full width glazed ground floor retail frontage abutting Winchcombe Street. Currently the windows within the premises are a mixture of single and double glazed windows.

The main roof is of pitch construction with slated coverings set back behind a front parapet wall. There is also a flat roof to the rear.

Internally, the accommodation comprises a retail sales area which runs the full depth of the ground floor with a disabled WC located behind the staircase.

The staircase is situated at the left hand side of the shop providing access to the first and lower ground floors.

Currently the first floor provides an open plan retail / storage area with a separate WC. The lower ground floor provides further storage space or could alternatively be used as a staff room.

Generally the property has emulsion painted plaster walls with suspended ceilings. LED lighting is installed through out. The ground floor benefits from new laminate floors. I understand that electricity and water supplies are connected to the property.

An EPC is being prepared.

Location:

The property is situated in the heart of the town centre on the West side of Winchcombe Street just south of its junction with Albion Street in an area favoured by retailers including, TSB Bank, Halifax, William Hill, A Plan Insurance and a large number of independent retailers.

Accommodation:

Retail Sales Area: 64.05 sq m (689 sq ft)

First Floor: 55.85 sq m (601 sq ft)

Lower Ground Floor: 35.05 sq m (377 sq ft)

Total: 154.95 sq m (1,667 sq ft)

Rent:

£20,000

Rates:

The Rateable Value appearing on the Valuation Office Agency website is £14,750.

Planning:

The property has been used for general retail which falls within Class E (formerly Class A1) of the Use Classes Order 1987.

Terms:

Available by way of a new lease for a term of years to be agreed.

Service charges:

A charge is levied by the Landlord to cover the costs associated with the upkeep and maintenance of the common areas.

VAT:

The property is elected for VAT.

Legal costs:

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

Contact:

Ash Chartered Surveyors 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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