Retail premises to rent in Cheltenham GL50

£18,000.00 pa < Back to search results

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Property Description

The premises are located adjacent to the Brewery complex in the centre of Cheltenham. The property adjoins a pay and display car park and a variety of retail units are located close by including Sue Ryder and Wilko.

277 High Street, Cheltenham, comprises a four storey Grade II Listed Building with timber framed shop window and good seized retail space with offices and storage room on the upper floor levels.

Approximate Net Internal Areas
Ground floor
Gross frontage 4.74 m (15’6 ft)
Retail area 53.14 sq m (572 sq ft)
Rear kitchenette 10.36 sq m (111 sq ft)
First floor 27.41 sq m (295 sq ft)
Second floor 30.84 sq m (332 sq ft)
Third Floor 28.24 sq m (304sq ft)
Cellar 30.00 sq m (322 sq ft)
Total 150.00 sq m (1,614 sq ft)
(excluding cellar)

The property is elected for VAT and VAT is payable on rent and insurance premiums charged.

The premises are available by way of an assignment of the existing lease, which is granted for 10 years from March 2016 with a tenant only break option in March 2021. The rent payable is £18,000 per annum. The lease is granted on full repairing and insuring terms.

There is previous Class A2 (financial and professional services) use existing for the premises and there is a permitted change to Class A1 (retail use). There is a strict covenant on the property prohibiting any Class A3 (restaurant and caf) or A5 (hot food takeaway) Uses.

Property Features

Location

Bird Eye View