The premises comprise a ground floor retail unit, most recently used as a kitchen showroom.

Historically two smaller units, the ground floor now provides one large mostly open plan area with rear kitchenette, store and WC facility. 

The unit benefits from wood effect flooring throughout and track lighting, with a large, glazed window frontage, making it suitable for a wide range of uses (subject to planning if required).

EPC: EPC C (54). Full report available on request.

Location:

With a population of around 120,000, Cheltenham is an important regional shopping location serving an extensive catchment area. 

The town is renowned for its range and quality of shopping and the various important race meetings which attract many visitors throughout the year.

The subject premises occupy a central position on St James' Street, opposite a large public car park with 200 spaces. St James' street is a one-way street just off the inner ring road connecting the High Street to Albion Street.

The John Lewis department store on Cheltenham's High Street is less than 350 metres from the property.

Other local occupiers include a mix of pubs, restaurants / takeaways, beauty uses and retail, as well as residential.

Accommodation:

The approximate net internal floor area is 177.5 sq m (1,911 sq ft) plus WC facilities. Shop width: approx. 9.5m (front), 14.8m (rear) Shop depth: approx. 12.5m

Rent:

£30,000 per annum exclusive.

Terms:

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

Available from Q4 of 2025, subject to vacant possession.

Rates:

Rateable Value: £26,750.

Please note that this is not the amount payable, a proportion of this amount is liable to be paid. The above information was obtained from the Valuation Office website. For more information, interested parties should make their own enquiries of the billing authority (Cheltenham Borough Council) to verify the current rates payable & any relief available.

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.

VAT:

VAT may be 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:

KBW Property Consultants

01242 244744

enquiries@kbw.co.uk