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Grosvenor House 72 Lansdown Rd

1,851 SF Retail Building Cheltenham GL51 6QL $762,340 ($412/SF)

Investment Highlights

  • 0.4-acre site area
  • Upper floors let on AST agreements
  • Ground floor let to Central England Co-operative
  • Suitable for a range of uses
  • Prominent roadside location
  • Seeking offers in excess of £600,000 for the freehold

Executive Summary

TENURE
The freehold interest is held under the Title GR81345
INVESTMENT SUMMARY
• Ground floor occupied by Central England Cooperative on a lease until 2031 (break in 2026) on
a rent of £17,000 per annum
• Two upper floor flats let on AST agreements
produce a combined income of £18,600 per
annum
• Total Income: £35,600 per annum
Seeking offers in excess of £600,000 for the freehold

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
1,851 SF
Year Built
1910
Price
$762,340
Price Per SF
$412
Tenancy
Single
Building Height
2 Stories
Building FAR
0.11
Land Acres
0.40 AC
Parking
3 Spaces (1.62 Spaces per 1,000 SF Leased)
Frontage
28 FT on Lansdown Road

Amenities

  • Storage Space

Nearby Major Retailers

Waitrose & Partners
Londis
Giggling Squid
Starbucks
Coffee #1
Sainsbury's
Zizzi
All Bar One
Co-operative Food
JD Gyms
  • Listing ID: 33360487

  • Date on Market: 10/1/2024

  • Last Updated:

  • Address: 72 Lansdown Rd, Cheltenham GL51 6QL

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