Includes two residential flats let on a 125 year lease
Nearby occupiers include Tesco Metro, Shoe Zone, Nationwide, Primark and McDonald's
Established retail area in the centre of Cheltenham
Lot 17
Auction 7th April 2011
Rent £55,200 per Annum Exclusive
Status Sold
Price £480,000
Sector Restaurant
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
Six Week Completion Available
Property Information
Location
Miles
45 miles south of Birmingham
43 miles north-east of Bristol
9 miles north-east of Gloucester
Roads
M5, A40, A435
Rail
Cheltenham Spa
Air
Bristol Airport
Situation
The property is situated in a prominent corner location on the western side of the pedestrianised High Street in Cheltenham's affluent town centre. Nearby occupiers include Tesco Metro, Shoe Zone, Nationwide, Primark and McDonald's.
Tenure
Freehold.
Location
Miles
45 miles south of Birmingham
43 miles north-east of Bristol
9 miles north-east of Gloucester
Roads
M5, A40, A435
Rail
Cheltenham Spa
Air
Bristol Airport
Situation
The property is situated in a prominent corner location on the western side of the pedestrianised High Street in Cheltenham's affluent town centre. Nearby occupiers include Tesco Metro, Shoe Zone, Nationwide, Primark and McDonald's.
Tenure
Freehold.
Description
The property comprises a ground floor restaurant with ancillary basement accommodation. In addition, there are two self-contained residential flats on the first and second floors.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor restaurant with ancillary basement accommodation. In addition, there are two self-contained residential flats on the first and second floors.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
Ground
Basement
Gross Frontage Net Frontage Shop Depth Restaurant/Ancillary Ancillary
