Retail premises for sale in 12 Montpellier Arcade, Cheltenham GL50

The premises are located in the renowned Montpellier shopping district of Cheltenham near a well established high quality retail and leisure traders including oska, Slate, John Gordons Bar, Brasserie Blanc, ask and Tom Howley Kitchens.

The premises comprise a self-contained Grade II* Listed Building which originally formed part of Montpellier Arcade but is now in separate ownership. The property has retail frontage to Montpellier Street and to Montpellier Walk itself.

Approximate Net Internal Areas

Internal Width - 8.41m Internal Depth - 4.11m

Ground Floor Retail 30.09 sq m 324 sq ft

Basement Retail/Storage 30.04 sq m 323 sq ft

First Floor
Display/Office 27.61 sq m 297 sq ft

Second Floor
Ancillary Accommodation 35.17 sq m 378 sq ft

WC is located on the second floor. Electric heating is partially installed.

For many years the premises have been used for retail sales under Class A1 retail use. This is now incorporated within Class E with effect from September 2020 which includes retail, restaurant, financial services and offices. Alternative uses may be approved subject to necessary Planning & Listed Building consents being obtained.

Subject to Contract
Offers are invited for the freehold interest with vacant possession based on £450,000.

It is understood that the premises are not elected for VAT.