26-32 Promenade

Promenade
Cheltenham, GL50 1LY

Use Class E

£110,000

Use Class

Rent pa

£110,000

Marketed by Savills UK & Ireland

Last updated 06/05/2021

Key Points

White box unit
Substantial frontage to Promenade
Prominent shop to let
Ground and First Floor Sales
Ancillary accommodation

The property has substantial frontage to Promenade and has ground and first floor sales with additional ancillary accommodation.

The premises are prominently located on Promenade, immediately adjoining House of Fraser. Other occupiers in the immediate vicinity include Costa Coffee, Radley, Waterstones and Oliver Bonas.

Accommodation

Accommodation details below:

Areas

	sq ft	sq m
Ground Floor Sales	1,375	127
Ground Floor Ancillary	257	23.9
First Floor Sales	603	56
First Floor Store	660	61.3
Second Floor Store	1,087	100

Financial

Lease Type

New Lease

Lease Term

The property is available on new full repairing and insuring lease for a term to be agreed, subject to an upward only review at the expiration of each 5th year.

Rates

Rateable Year:	2021
Rateable Value:	£180,000.00
Rates Payable:	--
UBR:	51.2p/£

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Sustainability

Energy Performance Certificate

Last Updated

06/05/2021

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.