29 Winchcombe House, Winchcombe House, Winchcombe Street, Cheltenham | Property for sale | Savills
Guide price £110,000(€129,975)

29 Winchcombe HouseWinchcombe House, Winchcombe Street, Cheltenham

  • New
  • Sole agency
  • Freehold
Investment
Yield 15%Yield

Key features

  • High Yielding Retail Investment
  • Retail Unit and Upper Parts
  • Let to Tanique (Cheltenham) Limited
  • Producing £16,000 per annum
  • Lease Expires 04/09/2026
  • Asset Management Potential
  • Guide Price Reflects 14.5% Gross Yield

High Yielding Retail Investment Opportunity Forming Part of a Popular Local Parade Let on a lease expiring 04/09/2026 and paying £16,000 per annum

About this property

  • The property comprises a high yielding retail investment forming part of a popular local parade in the heart of Cheltenham. Arranged as a single retail unit with upper parts, the property is let to Tanique (Cheltenham) Limited on a lease expiring 04/09/2026 and paying £16,000 per annum The tenant is trading as a tanning studio and uses the ground floor as sales space with some private tanning rooms. The upper parts are used as further tanning rooms and amenity space whilst the second floor is vacant. 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.