- Cheltenham boasts a large and affluent catchment
- Busy High Street location between Primark and the now fully let, Brewery Quarter
- 5,340 sq ft of well configured retail space
- New letting to Nero Holdings Ltd (t/a Caffe Nero) providing a 10-year lease at £55,000 pa
- Rebased lease renewal to Greggs plc for a new 10-year term at £59,500 pa
- 5 one-bedroom flats currently on periodic tenancies generating an income of £28,116 pa
- WAULT to break 5.01 years on retail element
Seeking offers in excess of £1,900,000 (subject to contract and exclusive of VAT)
Reflecting a NIY of 7.25% on the retail and a NIY of 5.45% on the residential after deducting 15% for management fees.
