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Agent's details

11-19 Winchcombe House

For sale: £450,000.00|Other, Other Property Types & Opportunities

Property details

FOR SALE£450,000.00
ADDRESS11-19 Winchcombe House, Winchcombe Street, Cheltenham, GL52 2NA
TYPEOther, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON15th May 2024

Description

The property comprises a high yielding retail investment opportunity let to the undoubted covenant of Ladbrokes in the heart of Cheltenham.

Arranged as four conjoined retail units with associated upper parts, the ground and first floor is let to Ladbrokes Betting and Gaming Limited producing £75,000 per annum. The tenant is currently holding over as the lease expired 10/05/2024, however we understand that a new lease is in the process of being agreed.

Winchcombe Street is one of the principal retail streets in Cheltenham, connecting to the pedestrianised High Street to the south and also well positioned to the rear of John Lewis, which anchors the High Street. The property therefore benefits from high footfall and is also located on one of the main pedestrian thoroughfares between the pedestrianised High Street and several car parks.

Location

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Location: 11-19 Winchcombe House, Winchcombe Street, Cheltenham, GL52 2NA

Cheltenham Spa (1.2 miles)

Ashchurch for Tewkesbury (7.5 miles)

Gloucester (7.5 miles)

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