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Gloucestershire Business News

Former Carphone Warehouse, 143 High Street, Cheltenham

EPC: An EPC certificate is available on request.

Location:

The property is located in a 100% prime location on Cheltenham High Street, and also close to the entrance of Regent Arcade.

The adjacent retailers are Next and Savers, opposite Lloyd's Bank, with other occupiers in the vicinity including John Lewis, River Island, Pret A Manger and H&M.

Accommodation:

This unit is arranged over ground and first floor, comprising the following approximate net internal floor area:

Ground floor: 88.07 sq m (948 sq ft)

First floor: 56.94 sq m (613 sq ft)

Total: 145.01 sq m (1,561 sq ft)

Lease:

The property is held on a lease expiring 23rd June 2027.

Rent:

The passing rent is £95,000 per annum exclusive of rates, service charge and VAT (if applicable).

Planning:

The property benefits from Use A1 of the Town & Country Planning (Use Classes) Order 1987.

Rates:

We have been advised by the Local Authority that the premises are assessed for rating purposes as follows:

Rateable Value: £112,000

UBR (2020/21): 51.2p

Rates Payable: £57,344

Prospective tenants are advised to confirm any rating liability directly with the Local Authority.

Legal costs:

Each party is to be responsible for their own legal and all other professional costs incurred in the transaction.

Contact:

Colliers 

Dan Simms

Co-Head Of Retail Agency

020 7344 6869

07976 293317

Jessica Short

Associate Director Retail Agency

020 7344 6564

078 6018 0315

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