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46 Edinburgh Place, Coronation Square, Cheltenham, GL51 7SF

£2,083 pcm
£25,000 pa

£27.47 per sq ft

Business rates & charges may apply

Creative Retail, Birmingham
SIZE AVAILABLE

910 sq ft

85 sq m

SECTOR

High street retail property to lease

Lease details

Lease available date:
Ask agent

Key features

  • **TAKEAWAY TO LET**
  • Busy Neighbourhood Centre
  • Subject to Contract

Description

**TAKEAWAY TO LET**

Busy Neighbourhood Centre

Subject to Contract

Location

Coronation Square is a busy community shopping centre serving a strong local catchment of approximately 117,000. Located approximately 3 miles west of Cheltenham town centre, this mixed-use development provides housing, a community library and offices occupied by Cheltenham Borough Council. Excellent road connections located on the busy A4013 connecting to the A40 and A4019 and then junctions 10 and 11 of the M5. In addition GCHQ, Gloucestershire College with over 10,000 students and Pate's Grammar School are located in the immediate vicinity.

Description

The property forms part of Coronation Square neighbourhood centre and anchored by Farmfoods, Savers and Iceland. Other occupiers include Morrisons Daily, Greggs, Morrisons Daily, Lloyds Pharmacy and Card Factory. The scheme benefits from a large ample car park at the rear.



Accommodation Text

The premises comprise of the following approximate floor area:

Ground Floor: 84.54 sq. m 910 sq. ft.
First Floor: 85.38 sq. m 919 sq. ft.


Tenure Comments

The accommodation is available by way of new fully repairing and insuring lease on terms to be agreed.

EPC

C 68. A copy of the EPC is available upon request.

Service Charge Information

There is an annual service charge of £2,927 + VAT

Insurance

There is an annual insurance charge of £715 + VAT

Planning

We understand the property has consented hot food takeaway use (Sui Generis). It is the ingoing tenant's responsibility to ensure that their proposed use is acceptable to the Local Planning Authority.

VAT

VAT is applicable.

Legal Costs

Each party will be responsible for covering their own legal costs incurred in the transaction.

Security

Deposit equivalent to 3 months rent plus VAT to be held by the Landlord for the duration of the lease.

Viewings

Strictly by appointment with the Joint Retained Agents Creative Retail or Bruton Knowles.

Brochures

46 Edinburgh Place, Coronation Square, Cheltenham, GL51 7SF

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cheltenham Spa Station0.7 miles

About Creative Retail, Birmingham

51 Regent Parade, Birmingham, B1 3NS

Commercial Retail Property Consultants

Creative Retail are a Birmingham-based retail and leisure property practice.

We specialise in the Midlands Retail & Leisure property markets ? including High Streets, Shopping Centres, Leisure Schemes and Out of Town Retail Warehousing.

Passionate about Retail and Leisure; we provide a modern, professional, and dynamic service to our clients.

Commercial Property Agency

We pride ourselves on offering clients specific, accurate and targeted advice in a constantly evolving industry and market.

Our agency services include:

. Lettings

. Acquisitions & Disposals

. Development & Site Finding

. Investment strategy

. Asset Management

Commercial Property Development In what is becoming an increasingly competitive sector, Creative Retail are able to offer guidance on all stages of the retail development process from initial appraisals and site sourcing through to pre-let tenancy agreements and exit strategy.

We work closely with private sector developers and investors and our in-depth knowledge of retailer requirements combined with our considerable experience with property transactions means that we are able to offer our clients an unparalleled service and a 360º appreciation of the workings behind the development process.

Commercial Property Investments

Detailed and up-to-the-minute knowledge has never been more important when formulating investment strategies for Retail and Leisure Property. The pace of change in the sector is ever increasing and strategies that worked just months ago may need adapting to extract best value and maintain exposure to risk.

When advising our clients on their investments, we report on a broad range of factors beyond the fundamentals of covenant, lease terms and physicality of asset. These include:

. Occupiers changing requirements and business models

. Tenants trading strength

. Existing competition and proposed new occupiers and schemes in the locality

. Inward investment into specific areas from regional funding, private equity and government initiative.

We achieve this by leveraging the connections and relationships we have formed working exclusively in the retail and leisure sector.

Notes

These notes are private, only you can see them.

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