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27 Promenade 3,367 SF Retail Building Cheltenham GL50 1LE $1,045,928 ($310.64/SF)
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
Storefront
Building Size
3,367 SF
Building Class
B
Year Built
1870
Price
$1,045,928
Price Per SF
$310.64
Tenancy
Single
Building Height
4 Stories
Building FAR
2.58
Lot Size
0.03 AC
Parking
3 Spaces (0.96 Spaces per 1,000 SF Leased)
Frontage
19’ 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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