As horse-racing enthusiasts gear up for the legendary Cheltenham Racing Festival next week, we’ve been instructed by Federated Hermes to sell this 6,379 sq ft, freehold property which is prominently located on the pedestrianised High Street.  The three-storey property is let to Bentleys Bar & Kitchen until September 2031 without break, at an annual rent of £60,000 per annum.

Known as the ‘Gateway to the Cotswolds’ and one of the UK’s most affluent towns – with an above-average proportion of shoppers within the wealthiest AB social groups – Cheltenham poses an attractive investment opportunity as it also offers great transport connections to London, Bristol, Birmingham and Oxford.

FMX has been instructed to sell the property for offers in excess of £675,000, reflecting a net initial yield of 8.45%.

Get in touch with Graham Fawcett and Patrick Kilvington to find out more details.