The Courtyard, Cheltenham
Prime retail and leisure investment
A prime retail and leisure investment situated in the historic spa town of Cheltenham. Cheltenham is a Regency Spa town with an extremely affluent catchment population. An extremely prominent prime trading location on Montpellier Street with significant unsatisfied demand from many national A3/A4 leisure operators therefore excellent reversionary prospects upon development of prime leisure scheme (subject to planning).
The property was built in 1985 and comprises a modern purpose built scheme with shopping on two levels, covered walkways, and a sunken piazza. It has been sensitively maintained by the current owners to create a bespoke shopping environment which offered low obsolescence, minimal empty rates liability and strong tenant demand.