Mixed-use investment property for sale in Cheltenham

This property is marketed by:
ASH Chartered Surveyors

Location

The property is located in the Spa town of Cheltenham. There are excellent road communications with the M5 motorway lying on the Western fringes of the town and the main A40 road providing access to the West Country, Oxford and London to the East. The property is situated in the pedestrianised area of Cheltenham’s High Street, close to its junction with Bath Road. This is a wellestablished retail location and major occupiers include a Sainsburys Convenience Store, Shoe Zone, Subway and Iceland. In addition, there are a number of public houses and cafes in the immediate area.

Description

94-96 is an end of terrace four storey building of brick/block construction, with rendered painted elevations under pitched tiled roof. The ground floor incorporates a single glazed timber framed shop frontage. The building has predominantly timber framed windows with double glazed sky lights at third-floor level.

The ground floor retail space benefits from a single storey extension to the rear which has a steel profile roof.

The accommodation is split to provide retail premises at ground and lower ground floors. A 6 bedroom HMO is located on the upper floors of the property which is approached via an alleyway which runs down the right-hand side of the building from the main high street.