72 The Promenade, Cheltenham, GL50 1NB

Location

The premise occupies a prominent location on The Promenade where retailers include Jigsaw, Kaliko ladies wear, Whitestuff, Reiss, Jack Wills, Hobbs together with a number of other well established retailers.

Goad Plan (PDF)

Accommodation

The premises is a ground, basement and first and second floors retail unit, providing the following approximate net internal areas and dimensions:

Ground Floor Sales 928 sq ft 86.21 sq m
Ground Floor Store 82 sq ft 7.62 sq m
Basement 868 sq ft 80.64 sq m
First Floor 715 sq ft 66.43 sq m
Second Floor 625 sq ft 58.06 sq m

Lease

The property is held on a FRI lease for a term of 15 years due to expire 25th March 2021.

Rent

The passing rent is £133,000 per annum exclusive, subject to rent review effective 25th March 2016.

Business Rates

Rates Payable (2016/17) £58,149

Interested parties are advised to make their own enquiries with Cheltenham Borough Council – 01242 262 626

Legal Costs

Each party is to be responsible for their own legal costs incurred in the transaction.

Viewing

Please contact:

Jamie Orme: jorme@ormeretail.co.uk

72 The Promenade, Cheltenham, GL50 1NB click to enlarge
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