For SaleCommercialRetail
60-66 Fairview Road, Cheltenham GL52 2EH: Retail investment in a prominent position close to the town centre
60-66 Fairview Road, Cheltenham, Gloucestershire · GL52 2EH
Property Description
The property is of two storey part rendered masonry construction with a single storey side loading bay extension. The property predominantly has a flat roofs with profiled steel over-cladding with the loading bay extension having lightweight steel trussing supporting the profiled steel-clad roof. The property has solid concrete flooring and single glazed timber framed windows on the upper floors and a…
Key Features
Producing a rental income of £65,000 pa for a period of 10 years from 21 January 2025.
Offers in the region of £900,000 which reflects a net initial yield of 7.80% after purchasers' costs at 6.86% or gross yield of 7.22%
Let on a 10-year full repairing and insuring lease, subject to a Schedule of Condition, from 21 January 2025 to 20 January 2035 at a passing rent of £65,000 per annum.
The lease incorporates a rent review and tenant break clause on the fifth anniversary.
Total property size: 557.67 m2 (6,002 ft2).
Ash Chartered Surveyors
Ref: Added 23 Jun 2026