Retail premises to rent in Cheltenham GL50

£35,000.00 pa < Back to search results

  • image
Under Offer

Property Description

4 Ormond Place is located in the heart of Cheltenham’s principal retail area and lies between the renowned Promenade and the entrance to the Regent Arcade shopping centre.

Immediately adjoining retailers are Beards Jewellers and Loakes Shoes together with Molton Brown and Toni & Guy.

Cheltenham is one of the UK’s leading retail towns ranking in the top 30 on the basis of pma retail score and on fashion score. In October, 2018 a new John Lewis Department Store opened on the High Street (115,000 sq ft) whilst the Regent Arcade provides 185,000 sq ft of retail space. The Promenade provides high end retail outlets.

The premises form a self-contained retail store on ground and first floor levels.

Approximate Net Internal Areas

Ground Floor
Main retail area 6.89 x 7.80 m 53.75 sq m (578 sq ft)
Fitting rooms 18.77 sq m (202 sq ft)
Rear retail area 5.24 x 4.07 m 21.34 sq m (230 sq ft)
itza 556 sq ft

First Floor
Front store room 6.98 x 4.20 m 28.61 sq m (308 sq ft)
Rear office 2.89 x 4.88 m 12.69 sq m (156 sq ft)
Tea point 4.02 sq m (43 sq ft)
Staff WC

Subject to Contract
The premises are available to let on a new lease for a term of years to be agreed on a full repairing and insuring basis. The commencing rental required is £35,000 per annum and rent reviews take place every fifth year of the term on an upward only basis.

Property Features

    Location

    Bird Eye View