Unit 2 33-41 Promenade, Cheltenham, GL50 1LE

£ 85,000 pa / 1,460 sq ft
33-41 Promenade, Cheltenham - Picture
Use Class

Use Class

E(a)

Size

Size

1,460 sq ft

Rent pa

Rent pa

£85,000

Prime Shop Lease Assignment

The unit occupies a prominent location on the pedestrianised section of the Promenade. Nearby occupiers include Oliver Bonas, Fat Face, Franco Manca, White Stuff, Huffkins Bakery and Beards Jewellers. Please refer to the attached copy of the Street Traders Plan for further details.

Situated in a prime location in the pedestrianised section of Promenade in between Cafe Rouge and Oliver Bonas with other shops nearby including Jigsaw, Waterstones, Fat Face, Kuoni, Hotel Chocolat and Molton Brown opposite House of Fraser department store.

Accommodation

1,460 Sq.Ft

The premises are arranged over ground floor only comprising the following areas:

Areas
Sq.Ft
Sq.M
Ground Floor Sales
1,460
135.63

Financial

Lease Type

Existing Lease

Lease Term

Held on aThe premises are available subject to vacant possession on a new effectively full repairing and insuring lease for a term of years to be agreed.

Rent

£85,000 per annum exclusive.

Rates

The VOA website shows that the new Rateable Value from April 2023 will be £65,500. For rates payable please refer to the Local Charging Authority, Cheltenham Borough Council - 01242 262626.

Costs

Each party to be responsible for their own legal costs incurred in this transaction.

Incentive

Incentives are available subject to status for a quick deal.

Tenure

Leasehold

Business Rates

We have been informed by the Valuation Office Agency of the following rating information: Rateable Value £66,500 UBR (24/25) 0.546p All parties are to advised to make their own enquires to the relevant authority.

Rates

Rateable Year:
2024
Rateable Value:
£66,500.00
UBR:
54.6p/£

Sustainability

Energy Performance Certificate

90

Energy Performance Certificate Information

The property has an EPC rating of D90. A full report is available upon request.

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.

All data ©2024 Completely Property Technology Limited

This was last updated on 25/04/2024