The property comprises a vacant retail unit with associated upper parts forming part of a popular local parade.Arranged across ground, first and second floors, the property offers approx. 1,492 sq ft (138.6 sq m) of accommodation and would be suitable for a number of occupiers.
We consider the property offers excellent asset management potential via letting of the space. Nearby units within the same parade are currently let for between £15,000 and £20,000 per annum and there is therefore potential to create a high yielding investment.
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.
