Retail premises available to rent at 114 High Street, Cheltenham

High Street, Cheltenham GL50 1EG, UK

Facilities
  • 24 hr Access
  • Retail Use
Description

Retail premises available to rent at 114 High Street, Cheltenham.
Location
The premises are situated in a busy trading location on the pedestrianised section of High Street close to the town’s prime retail pitch. National occupiers trading nearby include Argos, New Look, Costa Coffee, The Works and The Entertainer and a 115,000 sq ft John Lewis department store.
Accommodation
The premises comprise the following approximate net internal floor areas:
Ground Floor Sales 600 sq ft 55.77 sq m
Basement Ancillary 658 sq ft 63.62 sq m
Mezzanine WC - -
The premises are to be refurbished – further details on application.
Rent
£29,500 per annum exclusive.
Terms
The premises are available on a new effectively full repairing and insuring lease on terms to be agreed.
EPC
Available on request.
VAT
All figures quoted are exclusive of VAT.
Costs
Each party to be responsible for their own legal costs incurred in the transaction.
Rating Assessment
The Valuation Office website states that the whole premises have been entered into the 2017 Rating List as follows:
Description “Shop and Premises”
Rateable Value £29,750
UBR 2020/2021: 49.9p
The premises will need to be re-assessed upon completion of sub-division works. Interested parties are advised to make their own enquiries of the Local Billing Authority to ascertain the exact rates payable and whether transitional/small business relief may be available.
Planning
The premises benefits from a new E use class (commercial, business and service) including retail, financial & professional services, restaurant, office, indoor sports, medical and nursery uses. Interested parties are advised to make their own enquiries of the Local Planning Authority.

Area
1258 sq ft
Security Shutters
No
Use
A1 (Retail)
Location
City/Town Centre
Minimum Availability
12 Months
Price per annum
£29500
Location
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