Investment.

Cheltenham.

80-82a Promenade, GL50 1NB

Map View

Status.

Purchased on 01/12/2017

Price.

£4,350,000

Location.

Cheltenham is an attractive and prosperous spa town, located in Gloucestershire. The town is famous for its Regency architecture and racecourse, and is known as the, “Gateway to the Cotswolds.”  

Cheltenham is located approximately 42 miles (67 km) north east of Bristol, 68 miles (110 km) south of Birmingham and 100 miles (160 km) north west of London.

Description.

The property comprises three shops housed within three of the town’s historic Regency houses. No. 80 comprises ground floor retail/ancillary accommodation with further ancillary accommodation on first and second floors.

No. 82 comprises retail accommodation on lower ground, ground and upper ground floors with first floor ancillary accommodation. No. 82A comprises retail accommodation on ground, lower ground and upper ground floors with ancillary accommodation on first and second floor.

Rent.

£302,200.00 per annum exclusive

Tenant(s).

Mayther Cards, Toast, Castle Fine Art

Tenure.

Freehold

Yield.

6.5% NIY

Share.

All viewings are strictly by prior appointment.

Ed Smith.

Partner | Investment

What Our Clients Say.

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abrdn

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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

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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.

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