Currenlty listing 1,471 upcoming property auctions in the UK

Freehold Investment Opportunity on The Promenade
Address
See address
Auction date
26 Mar 2026
Guide price
£520,000
Type
Commercial
Tenure
Freehold
EPC Rating
B
Status
Upcoming

Description
This freehold investment property is situated on The Promenade in Cheltenham, generating a notable income of £57,750 per annum from a 10-year FRI lease. The property includes ground floor and basement areas leased to Knoops TPC Ltd, with the lease commencing on August 27, 2025, and an increase to £60,000 per annum expected in 2030. The residential upper floors have been sold off on a long lease. Knoops is a rapidly growing retail chain specializing in gourmet chocolates.
Last update: 05 Mar 2026




