Syndicate Type: Geared
Asset Type: Retail
Property Address: Ground Floor, 85 High Street, Cheltenham, GL50 1DU
Tenant: Done Brothers (Cash Betting)
Lease Expiry: 01/08/2020
Passing rent: £42,000
The property is located on the northern side of the pedestrianised High Street in a secondary retailing location in Cheltenham. Beechwood Shopping Centre is located some 100m to the north. Nearby retailers include Iceland, Subway, Argos and Gamestation together with a number of local/regional traders.
The subject property comprises a ground floor retail unit with basement stores forming part of a four-storey building. There is a covered passageway to the south east elevation which provides direct pedestrian access from the High Street to the rear service yard (together with access to the upper floor flats).