Skip navigation

Gloucestershire Business News

High Street property is let to bookmaker

Property consultants Alder King have let a prominent retail property on Tewkesbury High Street to Betfred, the world's largest independent bookmaker, for a new betting shop.

Originally established in 1967 in a single shop in Salford, Betfred has grown dramatically in recent years and now boasts a portfolio of nearly 1,400 properties across the UK.

Its new Tewkesbury store is based in the town's prime retail area at 2 High Street. The 1,513 sq ft unit also provides first and second floor ancillary accommodation and a courtyard area to the rear which also provides access.

John Hawkins, associate at Alder King which acted jointly with Bulleys for the landlord KJA Properties Ltd, said: "Tewkesbury's High Street has seen its vacancy rate fall steadily in recent years. We are delighted to have let this unit to Betfred, a successful business which is investing significantly in the country's high streets."

Emmanuel Jones acted for Betfred in the transaction.

Related Articles

Cambridge - Unit 6 Cambridge Mills, Dursley Road Image

Cambridge - Unit 6 Cambridge Mills, Dursley Road

The property will comprise a brand new detached industrial unit of part brick, part clad elevations under a pitched roof with tile covering.

Centre Seven, Barnwood, Gloucester Image

Centre Seven, Barnwood, Gloucester

Centre Severn is located at the heart of Gloucestershire and easily accessed from Gloucester, Cheltenham, Stroud and Tewkesbury.

Gloucester - St Peters House, 2 College Street Image

Gloucester - St Peters House, 2 College Street

The property comprises 3 offices on the first floor of an attractive period building. Access is available via a communal entrance from College Street.

9-11 High Street, Stonehouse Image

9-11 High Street, Stonehouse

The property occupies a prominent position facing onto Stonehouse High Street.

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