Investment with resi development potential

Cheltenham. 124 High Street
GL50 1EG

Asking (STC) Offers in excess of £760,000
Redevelopment Vacant upper parts
Net Initial Yield 7.50%
  • Cheltenham is an attractive regency spa town nestled against the Cotswolds 
  • Ranked in the upper quartile of POMIS centres with a catchment of 467,000
  • Prime position directly opposite John Lewis - named branch of the year in 2023 topping all 34 UK stores including the Oxford Street Flagship
  • Freehold property of Regency character extending to 5,313 sq ft let to Coffee#1 at £60,000 per annum
  • Vacant upper floors of 1,985 sq ft suitable for residential conversion subject to necessary consents