220 High Street, Cheltenham, Gloucestershire GL50 3HF
Size
1,055
Lease length
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EPC
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Parking
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- Price per
- £28.44 pa
- Primary use
- High street retail
- Frontage
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Key features
- Comprises ground floor retail shop
- Newly renovated to a high standard
- Suitable for variety of uses (Class E)
- Available on a new lease assignment until 2032
Description
Comprises ground floor retail shop
Newly renovated to a high standard
Suitable for variety of uses (Class E)
VAT is applicable to this property
Available on a new lease assignment until 2032
Situated in the heart of the town centre with occupiers nearby include McDonalds, Admiral Casino, Nationwide, Taco Bell, Primark and more.
Property Description:
Comprises mid-terrace ground floor shop t/a Bubble Tea and Desert Parlour, providing the following accommodation and dimensions:
Ground Floor: 98 sq m (1,055 sq ft)
Open plan retail, kitchen, storage, wc
Terms:
Lease Assignment: Available on the following FRI terms:
Premium: £23,000
Term: 10 Years from 3rd February 2022
Rent: £576.92 + VAT per week (PCM: £2,500 + VAT)
Payment Frequency: Quarterly in advance
Rent Review (Open market): 3rd February 2027
Break Option: 2nd February 2027
Service Charge: £2,500 p.a. + VAT
Deposit: £10,000 + VAT (£12,000 Total)
Rateable Value:
Rateable Value - £24,275 p.a.
Rates Payable ~ £9,200 p.a.
EPC:
The property benefits from a E Rating. Certificate and further details available on request.
Location:
Cheltenham is an historic and attractive spa town located in the heart of the Cotswolds, located approximately 8 miles north-east of Gloucester, 21 miles south of Worcester and 38 miles north-west of Oxford. The M5 Motorway lies to the west of the town (accessed via Js 10 & 11) and the A40 provides links to Oxford and the M40. Cheltenham Spa Rail Station provides regular services to Bristol Temple Meads, Birmingham New Street, Cardiff and London Paddington. The property benefits from strong public transport links, with several bus services operating along the High Street and frequent rail services from Cheltenham Spa providing regional and national connectivity. Occupiers nearby include McDonalds, Admiral Casino, Nationwide, Taco Bell, Primark and more.
- Let type
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- Let contract length
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- Rent obligation
- Fully repairing and insuring
- Status
- Available
- Service charge
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- Business rates
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- Use class
- E
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
220 High Street, Cheltenham, Gloucestershire GL50 3HF
About BLUE ALPINE PARTNERS LIMITED, London
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.
We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.
Together, we unlock potential.
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Disclaimer - Property reference 220highst. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BLUE ALPINE PARTNERS LIMITED, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.