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David Clulow Opticians, Unit 3, 206 High Street, Cheltenham

Guide Price
£350,000

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE

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SECTOR

Commercial property for sale

Key features

  • Prime Multi-Let Retail Investment
  • Let to Davide Clulow - A National Opticians
  • 10 Year Lease (No Breaks) Expiring 19.04.2027
  • Prime Pedestrianised Pitch
  • Asset Management Potential
  • Investment Let at £52,500 p.a. (15% GIY on Guide Price)

Description

The property comprises a high yielding retail investment occupying a prime pitch in Central Cheltenham and let to David Clulow, a national chain of opticians.

Arranged as a ground floor retail unit with a small office area to the first floor, the property is let to Luxottica Retail UK Limited (t/a David Clulow) on a 10 year lease expiring 19.04.2027 with no breaks and paying £52,500 per annum.

The property occupies a prime pitch fronting the partially pedestrianised High Street, the street comprises the principal retail amenity for Cheltenham and therefore benefits from high footfall and low vacancy. The area is characterised by other national retailers including Superdry, McDonalds, Primark, Caffe Nero and Marks & Spencer.

Brochures

David Clulow Opticians, Unit 3, 206 High Street, Cheltenham

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cheltenham Spa Station1.1 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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