Skip navigation

Gloucestershire Business News

124 High Street, Cheltenham

Prominent retail unit in a high footfall location opposite John Lewis, available to let.

The fully fitted premises offer ground floor sales of approximately 1,936 sq ft plus ground floor and first floor ancillary accommodation. 

EPC: The property has an energy performance rating of C. A copy of the Energy Performance Certificate can be made available on request.

Location:

Cheltenham is a large, affluent town and is popular with domestic and overseas tourists.

The premises occupy a prime position on the busy High Street, directly opposite John Lewis & Partners and a few minutes' walk from Regent Arcade. Nearby retailers include Costa, Next, Barclays, H&M and River Island.

Accommodation:

The fully fitted premises offer the following approximate floor areas: sq m sq ft

Ground Floor Sales: 179.9 sq m (1,936 sq ft)

Ground Floor Ancillary: 30.7 sq m (330 sq ft)

First Floor Ancillary: 67.1 sq m (722 sq ft)

Tenure:

The premises are available on a new lease basis for a term to be agreed.

Rent:

3 year commitment:

Year 1: £39,000 per annum exclusive (subject to contract).

Year 2: £49,000 PAX

Year 3: £59,000 PAX

5 year commitment:

Year 1: £39,000 PAX

Year 2: £49,000 PAX

Year 3: £55,000 PAX

Year 4: £57,500 PAX

Year 5: £59,000 PAX

Business Rates:

Rateable Value: £64,000

The Rateable Value 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.

Code for leasing business premises (2020):

All tenants should be aware of the Code for Leasing Business Premises and are recommended to seek professional advice relating to this, or any, commercial property letting transaction.

Legal costs:

Each party will be responsible for their own costs.

Contact:

KBW Property Consultants 

Richard Knightley - richard.knightley@kbw.co.uk 

07917 155 760

GCW

Gareth Storer - gareth.storer@gcw.co.uk 

0207 647 4825

Archie Morriss - archie.morriss@gcw.co.uk 020 7648 4822

Related Articles

Gloucestershire business park £1million office Image

Gloucestershire business park £1million office

The property is a modern, two-storey purpose-built office building.

First Floor, 121 Promenade, Cheltenham Image

First Floor, 121 Promenade, Cheltenham

The available accommodation comprises the first floor with two front offices overlooking the gardens.

Suite 5C Dunstalls Farm, Arlingham Road, Saul, Gloucester Image

Suite 5C Dunstalls Farm, Arlingham Road, Saul, Gloucester

The property comprises a new development of luxury office suites.

Ebley Mill, Westward Road, Stroud Image

Ebley Mill, Westward Road, Stroud

The property is a Grade II Listed Building dating from the 18th Century.

Copyright 2022 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.