58 Promenade, Cheltenham, Gloucestershire
£4662.38 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
311-1,586 sq ft
29-147 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: Class E
E
Key features
- Located on the eastern side of Promenade, Cheltenham’s prime retailing pitch
- Recently signed reversionary lease in place extending the term certain to 5 years
- Let to White Stuff Ltd who were acquired in October 2024 by TFG Limited which has a portfolio of 35 retail brands in 23 countries
- Total floor area of 2,825 sq ft
- Freehold
- Current Passing Rent of £80,000 per annum which rises to £100,000 per annum from 8th June 2026. The income will be topped up to £100,000 per annum for the period until 7th June 2026
Description
58 Promenade is a two storey retail premises fronting Promenade, built circa 1820-1840 with later additions. The property is let in its entirety to White Stuff Limited who fitted out in 2021 when they took occupation following a relocation from elsewhere on the Promenade.
Brochures
58 Promenade, Cheltenham, Gloucestershire
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cheltenham Spa Station1.0 miles
Notes
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