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Freehold Investment Opportunity on The Promenade

Freehold Investment Opportunity on The Promenade

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Auction date

26 Mar 2026

Guide price

£520,000

Type

Commercial

Tenure

Freehold

EPC Rating

Unknown

Status

Upcoming

Auction location placehbolder

Description

This property is a freehold investment opportunity located along The Promenade in Cheltenham with a current income of £57,750pa under a 10-year FRI lease. The ground floor and basement are rented to Knoops TPC Ltd with fixed uplifts planned for the future. The residential upper parts are sold off on a 125-year ground lease, contributing to the service charge.

Subject to a tenancy.

Auction will be streamed live on the date specified. A 10% deposit is required, with buyer's fees applicable.

Last update: 19 Feb 2026

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