5 Car Parking Spaces at Rear of 73/75 High Street Cheltenham Gloucestershire GL50 1DU

  • 5 Car Parking Spaces at Rear of 73/75 High Street<br>Cheltenham<br>Gloucestershire<br>GL50 1DU

5 Car Parking Spaces at Rear of 73/75 High Street
Cheltenham
Gloucestershire
GL50 1DU

Freehold Retail and Car Park investment

  • To be offered as two separate lots
  • Retail unit let on a new lease until 2020 (subject to option)
  • Pedestrianised town centre location
  • Nearby retailers include HMV, Superdrug and Argos
  • Lot
    26
  • Auction
    9th December 2010
  • Rent
    £5,400 per Annum Exclusive
  • Status
    Sold
  • Price
    £38,000
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP
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Freehold Retail and Car Park investment

  • To be offered as two separate lots
  • Retail unit let on a new lease until 2020 (subject to option)
  • Pedestrianised town centre location
  • Nearby retailers include HMV, Superdrug and Argos
  • Lot 26
  • Auction 9th December 2010
  • Rent £5,400 per Annum Exclusive
  • Status Sold
  • Price £38,000
  • Sector
    High Street Retail
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP

Property Information

Location
9 miles north-east of Gloucester
25 miles south of Worcester
40 miles north-east of Bristol
Roads
 A40, M5
Rail
 Cheltenham Spa Rail
Air
 Birmingham International Airport, Gloucestershire Airport
Situation

The property is situated in the heart of Cheltenham's affluent town centre, on the east side of the pedestrianised High Street. Nearby occupiers include HMV, Superdrug and Argos.

Tenure

Freehold.

Location
9 miles north-east of Gloucester
25 miles south of Worcester
40 miles north-east of Bristol
Roads
 A40, M5
Rail
 Cheltenham Spa Rail
Air
 Birmingham International Airport, Gloucestershire Airport
Situation

The property is situated in the heart of Cheltenham's affluent town centre, on the east side of the pedestrianised High Street. Nearby occupiers include HMV, Superdrug and Argos.

Tenure

Freehold.

Description

The property comprises a SURFACE CAR PARKING AREA for 5 cars situated at the rear of 73/75 High Street. The property is accessed via Grosvenor Terrace, then Highbury Lane.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a SURFACE CAR PARKING AREA for 5 cars situated at the rear of 73/75 High Street. The property is accessed via Grosvenor Terrace, then Highbury Lane.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x
73-75   5 Car Parking Spaces

Not measured

INDIVIDUAL 3 years from 22/09/2010 (4) £5,400
Totals           £5,400

(1) As to Lot 26, the lease is outside the security of tenure provisions of the Landlord and Tenant Act 1954.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Associate Auctioneers
Stiles Harold Williams 6 Babmaes Street
London
SW1Y 6HD
+44 (0)20 7389 1515
James Hadden +44 (0)20 7389 1523jhadden@shw.co.uk
Seller's Solicitors
Horsey Lightly Solicitors 20 West Mills
Newbury
Berkshire
RG14 5HG
01635 517220
John Trehearne 01635 517116jtrehearne@horseylightly.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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