Call agent

138-140 High Street

Regent Arcade
Cheltenham, GL50 1EN

Use Class E

8,857 sq ft

£400,000

Use Class

E

Size

8,857 sq ft

Rent pa

£400,000

Marketed by BKL Property Consultants

Last updated 15/07/2021
138-140 High Street
Prime Shop Lease/Sublet Available
Cheltenham is a major regional centre with a shopping population of approx. 250,000 people. The property occupies a prime location on the High Street, within the ownership of Regent Arcade Shopping Centre. The premises are immediately adjacent to H&M with other multiple retailers represented nearby including the new John Lewis Department Store, Top Shop and Next.

Viewing

Strictly by appointment.
Staff are unaware.

Accommodation

Accommodation details below:

Areas

sq ftsq m
Ground Floor4,504418
First Floor (potential sales)4,353404
Second Floor (ancillary)2,508232

Financial

Lease Type

Existing Lease

Lease Term

The Lease expires in November 2044 subject to a Tenant only break option in November 2034.

Incentive

Substantial incentives are available, subject to status.

Rent

A sublet is available, terms upon application.

Rates

Rateable Year:2020
Rateable Value:£332,500.00
Rates Payable:--
UBR:--

Service Charge

The Service Charge for the current year is approx. £35,000.

Last Updated

15/07/2021

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.

All data ©2021 Completely Property Technology Limited

BKL Property Consultants

BKL Property Consultants

We are listing more than 90% of all the UK's retail and leisure propertiesSave local shops. Protect jobs. Support our community