Description

JLL, as selling agents, are pleased to present the Regent Arcade in Cheltenham, a unique investment opportunity situated in the heart of the vibrant spa town.

This asset offers an unparalleled opportunity to acquire a long leasehold and part freehold interest in Cheltenham's leading shopping center. With a strategic central location anchored by high-profile retailers including H&M, JD Sports, and Everyman Theatre, Regent Arcade spans an impressive 209,000 sq.ft. and boasts a 90.4% occupancy rate, delivering a net income of £2,924,033 per annum.

Positioned as a central hub in a town known for its affluent demographics and historical charm, Regent Arcade benefits from excellent accessibility, including a 528-space multi-storey car park, ensuring continued high footfall of 5.7 million visitors annually. The surrounding area offers complementary amenities, cultural events, and a projected population growth of 7.5% over the next decade, supporting sustainable retail demand.

Looking forward, Regent Arcade's robust asset management initiatives, including potential expansion of its F&B offerings, provide significant growth potential. Coupled with its long WAULT of 7.7 years expiry, this property represents a resilient income opportunity and a strategic foothold in a thriving retail market for sophisticated investors.

...