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53-77 Promenade 70,000 SF Office Building Cheltenham GL50 1PJ For Sale
Investment Highlights
- Prominent, 70,000 sq ft Grade II* listed building situated in central Cheltenham
- Prominent town centre location
- Opportunity to increase floorspace
- Strong redevelopment opportunity suitable for a range of uses
- Allocated for mixed-use development
- Extends to five storeys, including a basement
Executive Summary
The Freehold of the site is for sale. The building is offered for sale by informal tender and the Council will consider both Subject to Planning and unconditional bids.
Bids should be submitted using the Bid Pro Forma and submission requirements available in the data
room. Completed Pro Forma should be sent to: daniel.rich@avisonyoung.com by midday on Friday 22 November 2024.
Bids should be submitted using the Bid Pro Forma and submission requirements available in the data
room. Completed Pro Forma should be sent to: daniel.rich@avisonyoung.com by midday on Friday 22 November 2024.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
70,000 SF
Building Class
B
Year Built
1823
Tenancy
Single
Building Height
5 Stories
Typical Floor Size
9,171 SF
Slab To Slab
12’
Building FAR
2.06
Lot Size
0.78 AC
Parking
16 Spaces (0.35 Spaces per 1,000 SF Leased)
Amenities
- Storage Space
- Balcony
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53-77 Promenade
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