Retail premises for sale in 35 Prestbury Road, Cheltenham GL52

Cheltenham is a Regency Spa town having a population of 118,800 (source 2021 Census), located approximately 99 miles to the west of London and midway between Bristol and Birmingham adjacent to junction 11 of the M5 motorway with dual carriageway access to London via the A417/419 and M4 motorway. Railway services are to London Paddington (2 hours 10 mins).

The town hosts several major international festivals for science, literature, music, and national hunt racing.

35 Prestbury Road is located in the Pittville area of Cheltenham to the North of Cheltenham town centre and its prominent corner position fronts a main arterial route into the town.

The property comprises an end of terrace three storey building of rendered elevations under a slate covered roof. A single glazed timber framed shop front is installed with double access doors to the corner elevation.

Approximate measurements and floor areas
The premises are currently configured to provide retail showrooms at lower ground floor and ground floor levels with a separately accessed residential flat at first floor level.

Lower ground floor 371 sq ft 34.49 sq m
Ground floor 765 sq ft 71.02 sq m
Total retail 1,136 sq ft 105.51 sq m

First floor residential 382 sq ft 35.48 sq m

Planning consent has been obtained under reference number 23/00611/ful for “Extension and remodelling of existing building to create two additional dwellings and improved retail space“

The approved scheme includes the installation of a fourth storey and reconfiguration to provide two two bedroom residential flats, along with a further extension to create a three storey town house.

Mains electricity (3 phase), water and drainage are connected.

Subject to Contract
Unconditional offers are invited for the Vendors Freehold interest based on a guide price of £490,000, with vacant possession being provided to the purchaser on completion.

The property is not elected for VAT.