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Unit 37-38 Regent Arcade

Regent Street
Cheltenham, GL50 1HE

Use Class E

1,603 sq ft

£56,750

Use Class

E

Size

1,603 sq ft

Rent pa

£56,750

Marketed by Colliers

Last updated 15/07/2021
Unit 37-38 Regent Arcade
Prime Retail Unit To Let

Key Points

  • Dominant town centre retail offer
  • Tivoli Cinema opening Q4 2020
  • Close proximity to Holland & Barrett, Kibou, Schuh and Ernest Jones
Regent Arcade represents the primary shopping centre in Cheltenham and is located in a key position connecting the High Street with the Promenade.  The centre provides over 200,000 sq. ft. of trading space as well as an integral 500+ space car park. 

Retailers trading from Regent Arcade include TK Maxx, H&M, Flying Tiger, Sketchers and new arrival Kibou Japanese Kitchen. Tivoli boutique cinema is due to open in Q4 2020 and will provide five screens as well as a 100 cover café lounge.

Viewing

Strictly by appointment.

Accommodation

Accommodation details below:

Areas

sq ftsq m
Ground Floor Sales1,603148

Financial

Lease Term

The premises are available on a new effectively full repairing and insuring lease for a term to be agreed.

Rent

Rental offers are sought on the basis of the rent being the higher of a base rent of £56,750 pax or an agreed percentage of turnover.

Rates

Interested parties are advised to make their own enquiries to the Local Authority.

Rateable Year:2020
Rateable Value:£66,750.00
Rates Payable:£33,642.00
UBR:50.4p/£

Costs

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

Service Charge

Charge for the current year is £13,002 pa

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

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