Investment.

Cheltenham.

20-22 Promenade, GL50 1LR

Map View

Status.

Sold on 01/02/2019

Price.

£1,565,000

Location.

The Regency Spa town of Cheltenham is a strong retail and tourist destination and regarded as the ‘Gateway to the Cotswolds’. The town is situated approximately 100 miles west of London, 40 miles north of Bristol and 9 miles east of Gloucester. Cheltenham serves an extensive primary catchment area and dominates the retail provision in the region.The town benefits from excellent transport links. By road,junctions 10 and 11 of the M5 motorway, lie circa 3.5 miles north west and west of the town centre, providing direct access to Birmingham, Bristol and the rest of the UK’s motorway network. By rail, Cheltenham Spa train station provides regular services to London Paddington, with a journey time of circa 2 hours. Regular services also operate to Bristol, Birmingham, Manchester, Newcastle and Glasgow.

Description.

The premises form two self-contained units arranged on ground, basement, first and second floors and housed within a period building. The property is Grade II listed and forms part of the Cheltenham Central Conservation Area.

Rent.

£92,000.00 per annum exclusive

Tenant(s).

Coventry Building Society

Tenure.

Freehold

Yield.

5.5% NIY

Share.

All viewings are strictly by prior appointment.

David Freeman.

Partner | Investment

Ed Smith.

Partner | Investment

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