Montpellier retail investment property sold
KBW is very pleased to report the sale of a retail investment property. 12 Montpellier Walk has been sold to an investor, subject to an existing tenancy.
The building which is located within the prestigious Montpellier district, has dual frontage to Montpellier Walk and Montpellier Street and is conveniently situated on the south side of Cheltenham town centre. Appellation Nation currently occupies the property which provides shop premises over 3 floors with a one bedroom duplex apartment above.
Director of KBW, Richard Knightley comments: ‘We are delighted to have concluded a sale of this prestigious building for a longstanding private client. Montpellier remains a popular location, particularly for high end specialist retailers and restaurants’.
KBW’s team is particularly active in and around Cheltenham whether that’s in a sales or a letting capacity, or negotiating lease renewals and rent reviews. The sale of 12 Montpellier Walk follows a string of new lettings in Montpellier for our Agency team. A fantastic result and we are keen to help more owners with their retail and commercial property needs.
Contact 01242 244744 or enquiries@kbw.co.uk to speak to a member of the team.