Investment
153 – 155 High Street, Cheltenham, GL50 1DQ
100% PRIME FREEHOLD INVESTMENT
Substantial corner property in 100% prime pitch on High Street, situated between the town’s key anchor stores John Lewis and Marks & Spencer
- Cheltenham is one of the premier retailing destinations in the South West of England with an extensive and highly affluent catchment.
- Well secured to TSB Bank PLC rated 5A1 ‘minimum risk’ by D&B.
- Reversionary lease signed in September 2023 providing a total unexpired term certain of 5.2 years.
- Potential for a future conversion of the substantial upper floor office accommodation to alternative use subject to possession and gaining the necessary consents.
- Freehold.
Proposal
Offers sought in excess of £2,500,000 (Two Million Five Hundred Thousand Pounds) subject to contract and excluding VAT.
For further information please contact agents: