Commercial Property in Cheltenham available for sale
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Commercial Properties for Sale in Cheltenham

Find commerical property for sale in Cheltenham that meets your business or investment goals

More details for 61 High St, Cheltenham - Retail for Sale

61 High St

Cheltenham, GL50 1DU

  • Retail for Sale
  • £325,000
  • 1,830 sq ft
  • 24 Hour Access

Cheltenham Retail for Sale

Investment Consideration: Vacant possession ERV: £30,000 p.a. GIY: 9.23% VAT is NOT applicable to this property Comprises three-storey retail premises (Class E) Residential development potential of upper floors, subject to obtaining the necessary consents Benefits from strong public transport links, with several bus services operating along the High Street Occupiers nearby include Iceland, Betfred, Subway, Restaurants, Hair Salon and many more. Property Description: Comprises ground floor retail shop with ancillary accommodation at basement, first and second floor, providing the following accommodation and dimensions: Ground Floor: 54 sq m (580 sq ft) Open plan retail, storage, wc First Floor: 46 sq m (500 sq ft) Ancillary, storage Second Floor: 46 sq m (500 sq ft) Ancillary, storage Basement: 23 sq m (250 sq ft) Storage Total GIA: 169 sq m (1,830 sq ft) Tenancy: The entire property is at present vacant. ERV: £30,000 p.a. Location: Cheltenham is an historic and attractive spa town located in the heart of the Cotswolds, located approximately 8 miles north-east of Gloucester, 21 miles south of Worcester and 38 miles north-west of Oxford. The M5 Motorway lies to the west of the town (accessed via Js 10 & 11) and the A40 provides links to Oxford and the M40. Cheltenham Spa Rail Station provides regular services to Bristol Temple Meads, Birmingham New Street, Cardiff and London Paddington. The property benefits from strong public transport links, with several bus services operating along the High Street and frequent rail services from Cheltenham Spa providing regional and national connectivity. Occupiers nearby include Iceland, Betfred, Subway, Restaurants, Hair Salon and many more.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront

Date on Market:

01/06/2026

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More details for 53 St Georges Pl, Cheltenham - Retail for Sale

53 St Georges Pl

Cheltenham, GL50 3EL

  • Retail for Sale
  • £450,000
  • 2,941 sq ft

Cheltenham Retail for Sale

Located in the heart of Cheltenham in the county of Gloucestershire, 10.0 miles (16.0 kilometres) north east of Gloucester and 41.0 miles (66.0 kilometres) south of Birmingham. The St Georges Vaults is situated fronting St. Georges Place in a mixed-use area, which is a short distance from High Street where operators such as The Royal Oak, The Montpellier Café The Crown Inn, and The White Hart are located. Freehold Public House Investment The property comprises the basement, ground, first and second floors of a three storey mid-terrace building with painted rendered elevations beneath a pitched roof. Freehold public house investment Entire property let to Tokenmark Limited Property arranged over four levels Site extending to 0.05 acres Current rent of £34,572 per annum Lease expires October 2032 The rent is subject to annual RPI increases with a collar of 2% and a cap of 4% (except in the open market review year) We are instructed to invite offers in excess of £450,000 (7.35% NIY) Business unaffected by sale Basement: The basement provides cellar and stores. Ground Floor: The ground floor provides an open plan trading area with a central bar servery and seating on loose tables, chairs and benches for 41 customers. Ancillary areas include customer WC's and stores. First Floor: The first floor provides the managers accommodation which comprises a bathroom, kitchen and living room. Second Floor: The second floor provides additional managers accommodation comprising three bedrooms. Externally: There is an enclosed customer area to the rear with seating on loose tables, chairs and benches for 57 customers. The property is not listed but is situated within the Central (Cheltenham) Conservation Area. The fixtures and fittings are currently owned by the occupational tenant.

Contact:

Savills

Property Subtype:

Bar

Date on Market:

09/04/2026

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More details for Clarence Para, Cheltenham - Retail for Sale

Revolution Bar - Clarence Para

Cheltenham, GL50 3PA

  • Retail for Sale
  • Price Upon Request
  • 9,066 sq ft
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More details for 11 Carlton St, Cheltenham - Office for Sale

Darley House - 11 Carlton St

Cheltenham, GL52 6AG

  • Office for Sale
  • £875,000
  • 1,694 sq ft
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More details for 10 Bath Rd, Cheltenham - Retail for Sale

10 Bath Rd

Cheltenham, GL53 7HA

  • Retail for Sale
  • £525,000
  • 1,832 sq ft
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More details for 121 Promenade, Cheltenham - Office for Sale

121 Promenade

Cheltenham, GL50 1NW

  • Office for Sale
  • £2,350,000
  • 5,198 sq ft
  • Security System

Cheltenham Office for Sale

An exceptional and rare opportunity to acquire a Grade II listed semi detached stone townhouse with planning granted to convert from a commercial office to a residential home ideal for anyone seeking a true Cheltenham townhouse. Guide price £2,350,000. 121 Promenade is the most elegant semi-detached, Ashlar Stone townhouse forming part of this landmark terrace in the heart of Cheltenham’s centre. Overlooking the elegant central gardens of Imperial Square, this is very much town living at its best. Over the years it has run as a successful Commercial office building and one that is iconic within the town, planning has now been granted to convert this into a residential house with a self-contained lower ground floor apartment. Listed Grade II, this is a building of elegance retaining many of the original period features, including working shutters, fireplaces and ornate cornice throughout the four floors, these are a wonderful feature to maintain in the conversion property. The property sits behind wrought iron railings opening to the parking, with two access points, one from Promenade and one from Montpellier Street to the rear, a quiet, one way back lane. The plans for the gardens are a pretty landscaped area to the front. The Promenade is without doubt the most iconic address within Cheltenham. This landmark upper road in the town epitomises the classic street scenes of fine Georgian architecture that Cheltenham is so well known for. The road itself is home to the famed 131 restaurant and rooms, and some prestigious offices. Overlooking the elegant and beautifully manicured central Imperial Gardens, the location offers the very best of town living highly regarded for its classical restaurant scenes, wonderful festivals and lively café culture which has made living in town so highly desired. The Cheltenham Ladies’ College, Cheltenham College and Dean Close are all within a comfortable walk in addition to the boutique shopping in Montpellier and on the Promenade itself. Communication links are highly accessible to the M5, A40 and A435 and Cheltenham Spa train station is under a mile away so quick walking distance.

Contact:

Kingsley Evans Limited

Date on Market:

17/04/2026

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More details for 28 Clarence St, Cheltenham - Retail for Sale

28 Clarence St

Cheltenham, GL50 3NX

  • Retail for Sale
  • £790,000
  • 2,171 sq ft
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More details for 6 Imperial Sq, Cheltenham - Office for Sale

6 Imperial Sq

Cheltenham, GL50 1QB

  • Office for Sale
  • £950,000
  • 3,621 sq ft
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More details for Lower Mill St, Cheltenham - Industrial for Sale

Lower Mill St

Cheltenham, GL51 8JN

  • Industrial for Sale
  • £280,000
  • 6,213 sq ft
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More details for Church St, Cheltenham - Office for Sale

Church Mews - Church St

Cheltenham, GL50 3HA

  • Office for Sale
  • £525,000
  • 2,303 sq ft
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More details for 374 Gloucester Rd, Cheltenham - Retail for Sale

374 Gloucester Rd

Cheltenham, GL51 7AY

  • Retail for Sale
  • £4,000,000
  • 23,025 sq ft
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More details for 153-155 High St, Cheltenham - Retail for Sale

153-155 High St

Cheltenham, GL50 1EW

  • Retail for Sale
  • £2,500,000
  • 12,040 sq ft
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FAQs About Commercial Property For Sale in Cheltenham

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How many commercial properties are currently available for sale in Cheltenham?
There are currently 20 commercial properties available for sale. Sizes range from 671 sq ft to 23,025 sq ft, with an average size of 6,514 sq ft. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in Cheltenham?
The average asking price is approximately £212 per sq ft, with prices ranging from £34 to £391 per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the Cheltenham

Market Overview for Commercial Properties in Cheltenham

Key information for Commercial Properties investors in Cheltenham and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Cheltenham £212 6,514 sq ft
Leyburn £176 3,322 sq ft
Gloucester £117 19,880 sq ft
Tewkesbury £53 4,164 sq ft
Toddington £97 8,586 sq ft

Rental Price Trends in Cheltenham

The price per square foot range for Commercial Properties in Cheltenham and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Cheltenham £34 £212 £391
Leyburn £46 £176 £306
Gloucester £45 £117 £252
Tewkesbury £52 £53 £54
Toddington £97 £97 £97

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Cheltenham area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Cheltenham 671 sq ft 6,514 sq ft 23,025 sq ft
Leyburn 681 sq ft 3,322 sq ft 5,963 sq ft
Gloucester 942 sq ft 19,880 sq ft 154,674 sq ft
Tewkesbury 2,276 sq ft 4,164 sq ft 6,274 sq ft
Toddington 8,586 sq ft 8,586 sq ft 8,586 sq ft

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