Commercial Property in Gotherington available for sale
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Commercial Properties for Sale near Gotherington, Cheltenham

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Commercial Properties for Sale Within 5 miles of the Gotherington, Cheltenham

More details for 94-96 High St, Cheltenham - Retail for Sale

94-96 High St

Cheltenham, GL50 1EG

  • Retail for Sale
  • £650,000
  • 1,400 sq ft
  • Security System

Cheltenham Retail for Sale

The property is offered freehold subject to the occupational tenancies in place. Offers in excess of £650,000. A purchase at this level reflects a gross yield of 8.91 %. net yield of 8.49% after the purchaser’s costs. This is based on the HMO being fully let at the current rental figures quoted (the property comprises of a ground floor retail unit and HMO residential units on the upper floors). The retail unit on the ground floor (1,400 SQ FT) is currently let to Blue Cross for a period of 5 years expiring 31st August 2027 at a rent of £17,500 per annum on an internal repairing and insuring basis. The lease is subject to a service charge which is currently running at £2,000 p.a. The tenant has a break clause on/after 1st September 2025. When fully Let the HMO could produce a gross rent of £40,440 p.a. The rooms are let on Assured Shorthold Tenancies (ASTs). Copies of the lease documentation & Tenancy Agreements are available upon request.

Contact:

ASH & CO

Property Subtype:

Shopfront Retail / Residential

Date on Market:

09/10/2024
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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
  • Air Conditioning
  • Security System
  • 24 Hour Access
  • Smoke Detector

Cheltenham Retail for Sale

Offers sought in excess of £2,500,000(Two Million Five Hundred Thousand Pounds) subject to contract and excluding VAT. The property occupies a prominent corner location in a 100% prime position on High Street, the town’s principal retail thoroughfare. The property benefits from excellent footfall being situated equidistant between the town’s key anchor stores John Lewis and Marks & Spencer. The entire property is let to TSB Bank plc by way of a full repairing and insuring lease from 2 December 2020, expiring on 1 December 2025 at a rent of £250,000 pa. There is an additional Reversionary Lease for a term of 5 years from 2 December 2025, expiring 1 December 2030 which is subject to a day one rent review on 2 December 2025 to the greater of £160,000 pa or the open market rental value.

Contact:

TW Keil

Property Subtype:

Bank

Date on Market:

24/09/2025
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LoopNet UK Gloucestershire Cheltenham Commercial Properties For Sale in Gotherington, Cheltenham, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Gotherington

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How many Commercial Property listings are available for sale in Gotherington?
There are currently 0 Commercial Properties available for sale near Gotherington. These Gotherington Commercial Property listings have an average size of. The largest available listing in Gotherington is. The thriving commercial centre and excellent transport links in Gotherington make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Gotherington?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Gotherington currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Gotherington?
There is a diverse range of commercial properties available in Gotherington to suit various business needs. Gotherington offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Gotherington commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Gotherington, Cheltenham

Market Overview for Commercial Properties in Gotherington

Key information for Commercial Properties investors in Gotherington 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
Leyburn £67 7,081 sq ft
Tewkesbury £97 3,340 sq ft
Cheltenham £204 13,518 sq ft
Toddington £94 8,586 sq ft
Twyning £39 14,957 sq ft

Rental Price Trends in Gotherington

The price per square foot range for Commercial Properties in Gotherington 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
Leyburn £38 £67 £114
Tewkesbury £55 £97 £155
Cheltenham £41 £204 £495
Toddington £94 £94 £94
Twyning £39 £39 £39

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Leyburn 5,963 sq ft 7,081 sq ft 7,830 sq ft
Tewkesbury 1,400 sq ft 3,340 sq ft 6,345 sq ft
Cheltenham 521 sq ft 13,518 sq ft 44,431 sq ft
Toddington 8,586 sq ft 8,586 sq ft 8,586 sq ft
Twyning 14,957 sq ft 14,957 sq ft 14,957 sq ft

You searched for commercial property for sale in Gotherington. Explore 0 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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