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24 Promenade

1,828 SF Vacant Retail Building Cheltenham GL50 1LR For Sale

Investment Highlights

  • Good frontage
  • High levels of passing trade
  • Corner position

Executive Summary

The freehold interest of ground floor retail unit is available with price on application. The property is also available as part of a portfolio sale comprising of 9 properties with a combined income of £552,562 with opportunity to increase to £610,062 pa. The portfolio is available to purchase for £7,500,000.

Attachments

attachment (59)

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,828 SF
Building Class
B
Year Built
1835
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Parking
1 Space (0.55 Spaces per 1,000 SF Leased)
Frontage
16 ft on The Promenade

Amenities

  • Dedicated Turn Lane
  • Storage Space

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Ground
  • 1,600 SF
  • Restaurant
  • -
  • Now

The property has rear loading facilities from County Court Road. The upper floors contain self-contained residential accommodation which is not included in the proposed new lease.

Space Size Space Use Position Available
Ground 1,600 SF Restaurant - Now

Ground

Size
1,600 SF
Space Use
Restaurant
Position
-
Available
Now

Ground

Size 1,600 SF
Space Use Restaurant
Position -
Available Now

The property has rear loading facilities from County Court Road. The upper floors contain self-contained residential accommodation which is not included in the proposed new lease.

Nearby Major Retailers

Iceland
Sainsbury's
Barclays
Black Sheep Coffee
SOHO Coffee Co.
Costa Coffee
NatWest Ltd
Bill's
Pret a Manger
Starbucks
  • Listing ID: 33785649

  • Date on Market: 2024-11-07

  • Last Updated:

  • Address: 24 Promenade, Cheltenham GL50 1LR

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