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High Street , Cheltenham , Gloucestershire, GL50

££35,000 per annum

Restaurant To Let

Location:
The property is located at the top part of Cheltenham High Street. There are a wealth of national brands nearby including Argos, Subway, Bet Fred, Iceland, John Lewis, Sainsburys.
 
Description:
The property comprises of a three-storey mid terrace Victorian brick and rendered building that has a ground floor Restaurant use (E Class) with the upper floors being used as offices and staff rooms. The unit benefits from a single WC and a disabled WC on the ground floor and staff room, staff office and WC on the upper floors.

Accommodation Schedule:

FloorInternal Floor Area
GF/restaurant 856 sq. ft. – 79.56 sq. m.
GF/kitchen 148 sq. ft. – 13.77 sq. m.
First229 sq. ft. – 21.5 sq. m
Second 183 sq. ft. – 17 sq. m.
Total1,416 sq. ft. – 131.56 sq. m.
User:
We believe the premises fall under Class E of The Town & Country Planning (Use Classes) (Amendment) (England) Regulations 2020.

Rateable Value:
We are advised by the VOA website that the property has a Rateable Value of, £24,000; however, interested parties should make their own enquiries of the rates payable.

EPC:
The property has an EPC rating of C (75). A copy of the EPC is available upon request.
 
Legal Fees: 
Each party to bear its own legal costs.
 
VAT:
The property is elected for VAT.

Terms:
A new effective full repairing and insuring lease, for a term to be agreed, subject to upward-only rent reviews every 5th year.

Rent:
£35,000 per annum, exclusive of VAT and other outgoings.

Sale:
Our client will consider the sale of freehold with vacant possession at £480,000 (four hundred and eighty thousand pounds). The sale will be subject to standard 20% VAT.

Contacts:
Huseyin Zafer-    D: 020 8222 9901
                            M: 07918 482210
                            E: h.zafer@willmotts.com

Emily Bradshaw- D: 020 8222 9947
                            M: 07920 769395
                            E: e.bradshaw@willmotts.com

Varol Zafer-        D: 020 8222 9946
                           M: 07900 224967 
                           E: v.zafer@willmotts.com 
 

Brochure

No floorplans available for this property

No EPC available for this property

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Office Details

Willmotts Commercial
Willmotts Property Services Willmott House
12 Blacks Road
Hammersmith
W6 9EU

020 8748 6644
commercial@willmotts.com

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