Ellis and Partners of Bournemouth acting for Guernsey based property investors have acquired the freehold investment at 1 Montpellier Exchange  Cheltenham for £575,000.

Formerly a Barclays Bank branch the Grade 2 listed building occupies a highly prominent position at the top of Montpellier Walk is let to Fired Earth Ltd on a lease of 10 years at a rent of £35,000 pa

Ellis and Partners are retained as asset managers and are actively seeking similar investment opportunities throughout southern England.

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