High Street , Cheltenham , Gloucestershire, GL50

££28,500 per annum

Restaurant Under Offer

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.
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.
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.

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.
The property is elected for VAT.

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

£28,500 per annum, exclusive of VAT and other outgoings.

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.

Huseyin Zafer
D: 020 8222 9901
M: 07918482210
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

High Street , Cheltenham , Gloucestershire, GL50
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Office Details

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

020 8748 6644

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