Asking Price
NOI Net Operating Income
Cap Rate
Asking Price
NOI Net Operating Income
Cap Rate

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Property Reference Number 100121227746
Tenure Type Freehold
Building Area

Property Description

The property comprises a modern building of concrete construction, providing three retail units. 190-194 High Street is arranged to provide sales accommodation at ground floor and part first floors, with the remaining first floor, second floor and basement used as ancillary accommodation. Both 188 and 196 High Street are arranged to provide sales accommodation at ground floor with basement used as ancillary.

Investment Highlights

  • Cheltenham is an attractive Regency Spa town in Gloucestershire, which boasts a large and affluent catchment.
  • Situated on the town’s principal retail thoroughfare, adjacent to Promenade, which runs perpendicular to the High Street.
  • The property comprises a modern building of concrete construction, providing three retail units, there is also a further unit fronting Promenade that has been sold off on a long leasehold basis.
  • Fully let to the national covenants of WH Smith, Vision Express and Lush.
  • WAULT of 3.8 years to expiry with no breaks.
  • Potential to convert the upper floors to other uses, subject to vacant possession and planning permission.
  • Freehold.
Last Updated Date: 24 Sep 2020
Frankie Maddox
Frankie Maddox
Associate Director- Retail Investment
Ben Gamble
Ben Gamble
Director - National Investment

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

+46812111187
Last Updated Date: 24 Sep 2020

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.