Syndicate Type: Geared
Asset Type: Retail
Property Address: 6/8 Dyer Street, Cirencester, GL7 2PF
Tenant: Framemakers Gallery & The Danish Wardrobe Company
Lease Expiry: 05/11/2019
Passing rent: £58,000
Cirencester is an historic, affluent market town located on the edge of the Cotswolds, between Swindon (17miles) and Cheltenham (17 miles). The property is situated in a good secondary retail position, at the eastern end of the central Market Place, 200m from the prime pitch of Cricklade Street. The immediate locality is popular with local/regional traders, Banks and A2 occupiers. Adjoining occupiers are Walter Bull (jewellers) and Steamer Trading (cookshop). There is sustained demand for retail space in Cirencester, with a very low void rate in the town centre.
The subject property comprises the ground floor of a
converted period building with offices on two upper floors. It provides two separate retail units, with modern replacement timber shop fronts separated by the upper floor access door, and rear servicing.