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      • Cheltenham - 272-274 High Street, GL50 3HQ

LET

To let

Cheltenham - 272-274 High Street, GL50 3HQ

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  • Location: Cheltenham
  • Size: 181.81 m2 (1957.00 ft2)
  • Property Type: Retail
  • Sale Type: To let
  • Rent:£32500.00
  • Status: LET
  • Simon McKeag

    07737 691453

  • Harry Pontifex

    01242 237274

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Description Location Accommodation Rates Planning Terms Costs

Description

The property comprises a ‘double’ ground floor retail unit with storage area and welfare facilities to the rear.

The property benefits from extensive High street frontage and a rear access for loading.

Please note, the upper parts of the property, comprising residential accommodation, are under separate ownership and do not form part of the demise.

The property has an EPC rating of C-55. Certificate Ref No: 0960-1978-0371-4410-2080.

 

 

  • Location: Cheltenham
  • Size: 181.81 m2 (1957.00 ft2)
  • Property: Retail
  • Type: To let
  • Rent: £32500.00 Per annum
  • Status: LET

Address and Location

Address :
272-274 High Street

Cheltenham
GL50 3HQ


Location details:

Cheltenham is a large and affluent town within the Cotswolds, approximately 1 hours drive from Birmingham and 2 hours drive from central London, easily accessed from the M5 Motorway at junctions 10 and 11. The property itself is located in a busy high street location on the fringe of the town centre. Nearby occupiers include, Premier Inn Hotel, Poundland, Primark and Wilkinsons. Cheltenham has a total population of approximately 110,000 people and a retail catchment area understood to be in excess of 180,000.

 

 

Accommodation

Approximate net internal area

181.81 sq m (1,957 sq ft)

Rates

The assessment presently appearing on the Valuation Office Agency website is as follows:

Rateable Value: £33,750
Rate in £ 2019/2020: 0.491

Prospective occupiers are advised to check with the Local Authority to establish any transitional relief that may be applicable.

Planning

It is considered that the premises would be suitable for general A1 (retail) uses. Prospective tenants are advised to speak with the Local Authority for confirmation.

Terms

The property is available by way of new FRI type lease for a term of years to be agreed between the parties and incorporated upward only rental review at appropriate intervals.

VAT

All rentals etc exclude the liability of VAT, which may be chargeable as an addition and at the appropriate rate prevailing.

Service Charges

A variable charge is levied on the unit in order to cover the economic cost of the upkeep and maintenance and management, etc of common parts and facilities. Levied on a fair proportion basis.

Legal Costs

Each party to bear their own costs incurred in the transaction.

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Downloads
  • 272 -274 High Street, Cheltenham.pdf Download Document
  • EPC_0960-1978-0371-4410-2080.pdf Download Document
  • RR_9148-4016-0717-0200-4891.pdf Download Document

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ASH Chartered Surveyors for themselves and for the vendors or lessors of this property for whom they act, give notice that:

1 these particulars are a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract;

2 ASH Chartered Surveyors cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy;

3 no employee of ASH Chartered Surveyors has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property;

4 rents quoted in these particulars may be subject to VAT in addition; (v) ASH Chartered Surveyors will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars; and

5 the reference to any plant, machinery, equipment, services, fixtures or fittings at the property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective purchasers/tenants should satisfy themselves as to the fitness of such items for their requirements.”

Code of Practice for Commercial Leases in England and Wales

You should be aware that the Code of practice on commercial leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licenced conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations.


Created: 10/09/2019 10:33:20
Modified: 24/06/2022 22:02:42
Label: Cheltenham - 272-274 High Street, GL50 3HQ ShowOnSite: True TenureDetails: Summary: Ground Floor Retail Unit prominently located on Cheltenham High Street. Occupiers in the immediate area include Premier Inn Hotel, Poundland, Primark and Wilkinsons. NavigateUrl: ~/Properties/Cheltenham_-_272-274_High_Street,_GL50_3HQ.aspx

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