£35,000.00 pa < Back to search results
The premises are located within the busy Bath Road neighbourhood shopping area of Cheltenham and provides a two storey building comprising ground floor suitable for continued restaurant or retail use together with cellar storage and two bedroom first floor flat.
Approximate Net Internal Areas:
Internal Width 6.52 m
Retail Area Depth 26.04 m
Built Depth 28.10 m
including Kitchen 128.66 sq m (1,384 sq ft)
Ground Floor Store 9.72 sq m (105 sq ft)
WC Facilities are provided in addition.
First Floor Flat
With access from rear alleyway, provides
Shower Room and WC
Attic Storage Room with roof light
Rear access is provided from a service lane leading from Naunton Crescent suitable for pedestrians or vehicles. At the rear of the property there is currently a wooden shed and a cold store which may be suitable for future use or removal to provide on site car parking facility.
Mains electricity, gas, water and drainage are connected.
The property is not currently elected for VAT.
The premises are available to let by way of a new lease on full repairing and insuring terms. The landlord is undertaking various renovation works at the premises and will agree with the tenant the extent of these both internally and externally. The lease is to be granted for a term of 10 years or more at a commencing rental of £35,000 per annum. Rent review to be at the end of every fifth year of the term on an upward only basis.
The property will be insured by the landlord and the tenant will repay the premium.
The premises have been used on the ground floor as a restaurant for in excess of 30 years and this falls within Class A3 of the Use Classes Order.
The first floor has been used for residential purposes.