Investment.

Cheltenham.

58 Promenade

Map View

Status.

Under Offer

Accommodation.

Ground Floor 1,586 sq ft 147.40 sq m
Ground Floor ITZA 903 sq ft 83.92 sq m
Mezzanine 311 sq ft 28.90 sq m
First Floor (Ancillary) 928 sq ft 86.25 sq m

Price.

£1,450,000 (Subject to Contract and Exclusive VAT)

Location.

Cheltenham is an attractive spa town located in the south west of England, within the county of Gloucestershire.

It lies on the edge of the Cotswolds, approximately 100 miles (160 kilometres) west of central London, 50 miles south of Birmingham and 52 miles north east of Bristol.

The town has long been one of the most desirableplaces to live in the South West of England,renowned for its stunning Regency architecture,expansive green spaces, and top-rated schools.

Description.

58 Promenade is a two storey retail premises fronting Promenade, built circa 1820-1840with later additions. The property is let in its   entirety to White Stuff Limited who fitted out in  2021 when they took occupation following are location from elsewhere on the Promenade.

The property is conveniently situated on the tree-lined prime Promenade in Cheltenham, a retail and leisure destination featuring an array of aspirational national multiples and  upscale boutiques including Sweaty Betty, The White Company, Oliver Bonas, Hobbs and Reiss.

Rent.

£80,000.00 per annum exclusive

Yield.

A net initial yield of 6.50%.

Share.

All viewings are strictly by prior appointment.

Jonny Gooch.

Associate Partner | Investment

Ed Smith.

Partner | Investment

What Our Clients Say.

Green & Partners understand our needs and continually exceed expectations.

abrdn

Thorough, tenacious, practical in their outlook and approach but above all they get results.

La Salle Investment Management

The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.

M & G Real Estate

Green & Partners are a focused, diligent and highly determined team who exceed our expectations time after time.

DTZ Investors

With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.

Hammerson