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2 Market Pl 1,891 SF 100% Leased Retail Building Cirencester GL7 2NS $2,002,029 ($1,058.71/SF)

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INVESTMENT HIGHLIGHTS

  • Prominent corner position in Cirencester’s Market Place with strong footfall.
  • Full planning consent for four residential units on upper floors.
  • Ground floor and basement let to The Cornish Bakery on a new 10-year FRI lease.

EXECUTIVE SUMMARY

A prime freehold mixed-use investment in the heart of Cirencester’s Market Place. The property extends to 5,517 sq. ft across four floors and occupies a prominent corner position. The ground floor and basement are let to The Cornish Bakery on a new 10-year FRI lease from October 2026, with rent stepping from £27,500 to £55,000 per annum. The upper floors have full planning consent for conversion into four residential units (1 studio, 1 one-bedroom, 2 two-bedroom apartments), offering strong value-add potential.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Building Size
1,891 SF
Building Class
B
Year Built
1915
Price
$2,002,029
Price Per SF
$1,058.71
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.09
Lot Size
0.04 AC
Frontage
17’ on Market Place

NEARBY MAJOR RETAILERS

Costa Coffee
Coffee #1
Waitrose & Partners
Lloyds Bank
Cote Brasserie
Santander
Barclays
Coventry Building Society
Lounges
Morrisons
  • Listing ID: 38589669

  • Date on Market: 11/27/2025

  • Last Updated:

  • Address: 2 Market Pl, Cirencester GL7 2NS

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