Prime Retail Unit Available To Let - Cheltenham Promenade

62-64 Promenade, Cheltenham GL50 1LY, UK

Facilities
Description

Prime retail premises arranged over ground, basement and upper floor levels, located in Cheltenham City Centre.

Location
The subject premises occupy a prominent location on Promenade, adjacent to Jigsaw and Karen Millen and within immediate proximity to Molton Brown, Hotel Chocolat, T2 and Jo Malone.

Accommodation
The premises are arranged over ground, basement and upper floor levels and comprises the following approximate floor areas and dimensions:

Internal Width 20’8” 6.30 m
Shop Depth 41,0” 12.80 m
Ground Floor Sales 797 sq ft 74.00 sq m
Mezzanine Floor Sales 494 sq ft 46.00 sq m
First Floor Sales 1,042 sq ft 97.00 sq m
First Floor Ancillary 121 sq ft 11.00 sq m
Second Floor Ancillary 600 sq ft 58.00 sq m
Basement Floor Ancillary 489 sq ft 45.00 sq m
Total 3,543 sq ft 331.00 sq

Rent
On application.

62-64 Promenade Cheltenham GL50 1LY

PRIME RETAIL UNIT TO LET
www.arcretail.co.uk 16 Whiteladies Road, Clifton, Bristol, BS8 2LG 01242 222 369

Terms
A new effectively FRI lease for a term of years 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.

Rating Assessment
The Valuation Office website states that the premises have been entered into the 2017 Rating List as follows:

Description “Shop and Premises”
Rateable Value £140,000
UBR 2019/2020: 50.4p

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

We understand the premises benefits from an A1 (Retail) planning consent. Interested parties are advised to make their own enquiries of the Local Planning Authority. Alternative uses would be considered, subject to obtaining the necessary planning consent.

Area
3543 sq ft
Security Shutters
No
Use
A1 (Retail)
Location
City/Town Centre
Minimum Availability
12 Months
Price per annum
£POA
Location
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