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27 Promenade 3,367 sq ft Retail Property Cheltenham GL50 1LE £785,000 (£233.15/sq ft)
INVESTMENT HIGHLIGHTS
- Entirely let to Crew Clothing Co. Limited on a 5-year lease expiring 2030
- Adjacent to NatWest and close to Waterstones, Fat Face and Oliver Bonas
- Town centre position on the pedestrianised section of Promenade
EXECUTIVE SUMMARY
Lot 8 is available for sale at an Allsop online auction to be held on Tuesday, 9th of December 2025.
The property comprises an investment opportunity for sale.
The asking price is £785,000, representing a gross initial yield of 8.28%.
The property comprises an investment opportunity for sale.
The asking price is £785,000, representing a gross initial yield of 8.28%.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
3,367 sq ft
Costar Property Class
B
Year Built
1870
Price
£785,000
Price per sq ft
£233.15
Tenancy
Single
Number of Floors
4
Plot ratio
2.58
Total Plot Size
0.03 ac
Parking
3 Spaces (0.96 Spaces per 1,000 sq ft Leased)
Frontage
19 ft on Promenade
AMENITIES
- Dedicated Turn Lane
- Security System
- Storage Space
- Balcony
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NEARBY MAJOR RETAILERS
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27 Promenade
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