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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

B

Status

Upcoming

Auction location placehbolder

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

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