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Unit 3 Market Place Unit 3 Market Place, 68 Winchcombe Street, Cheltenham, GL52 2ND
Agents
Cradick Retail
Charlie Evans
Andrew Morrish
Use Class
E(a)
Size
3,055 sq ft
Rent pa
£58,000
The property comprises a retail warehouse unit, offering predominantly cleared space, a storage/staff area and rear servicing.
The unit occupies a prominent edge of town trading position in the Market Place retail warehouse development on Winchcombe Street, with good visibility from Fairview Road (A46), ½ mile north east of Cheltenham town centre. Cheltenham is situated 25 miles south of Worcester and 9 miles north east of Gloucester, with a population of circa 115,000. Market Place benefits from surface car parking at the front of the stores for circa 40 cars and the adjoining tenants are Maplin and Cycle Republic.
Accommodation
3,055 Sq.Ft
Financial
Lease Type
Existing Lease
Lease Term
Available by way of an assignment of the existing 10 year fully repairing and insuring lease from 28 July 2015, at the current rent passing of £58,000 pa with one rent review due in July 2020 and with a tenant only break option on 27 July 2020.
Rent
Rent is exclusive of rates, insurance and VAT (if applicable).
Rent Review
Next review date 2020/07
Rates
Interested parties are advised to make their own enquiries to the Local Authority.
Costs
Each party is responsible for their own legal and other professional costs incurred in the transaction.
Tenure
Leasehold
Rates
Misrepresentation Notice
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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This was last updated on 09/09/2022