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:

Ben Tyack
BSc (Hons) MRICS

07917 557 462
btyack@twkeil.com
ben-tyack