Commercial Properties for Sale near Prestbury, Gloucestershire, Cheltenham

Cheltenham Land for Sale

Property Subtype:

Industrial

Date on Market:

01/08/2025

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.

Property Subtype:

Shopfront Retail / Residential

Date on Market:

09/10/2024

Andoversford Retail for Sale

The property will be sold in its current condition, including fixtures and fittings. No inventory schedule will be provided and instead all items left on the day of completion will be included. Freehold (GR217995). Offers invited for the freehold interest with vacant possession.

Property Subtype:

Restaurant

Date on Market:

17/11/2025

Cheltenham Retail for Sale

Lot 36 is available for sale at an Allsop online auction to be held on Wednesday 11th of February 2026. The property comprises an investment freehold for sale. The asking price is ££1.3M - £1.4M, representing a gross initial yield of 9.32%.

Property Subtype:

Bar

Date on Market:

30/01/2026

Cheltenham Office for Sale

83 Promenade, Cheltenham is a prominent five-storey period freehold building extending to approximately 2,840 sq ft NIA, located on Cheltenham’s prime Promenade in the heart of the town centre. The property benefits from strong visibility, attractive period features, modern IT infrastructure, and 5 allocated parking spaces with 2 EV chargers. It offers potential for owner occupation or residential/mixed-use redevelopment subject to planning, with a guide price of £1m plus VAT.

Date on Market:

27/01/2026

Cheltenham Retail for Sale

Positioned on the high-profile A40 Gloucester Road, this newly converted McDonald’s restaurant offers a rare opportunity to acquire a secure, long-income roadside investment in the affluent and strategically located town of Cheltenham. The property benefits from a 999-year virtual freehold at a peppercorn rent and is let to McDonald’s Restaurants Ltd on a new 25-year full repairing and insuring lease from February 2025, with a tenant-only break at year 15. The 6,170 sq ft restaurant features approximately 120 internal covers, an external seating terrace, and a dedicated children’s play area. It shares a 93-space car park with the adjacent Premier Inn and enjoys excellent visibility and access from the A40, a key arterial route with daily traffic volumes of approximately 24,500 vehicles. The site is further enhanced by its proximity to the M5 motorway (3 miles), Cheltenham Spa railway station (500 metres), and nearby retail anchors including Shell and Little Waitrose. With a fixed rental uplift to £280,000 in 2030 and upward-only open market reviews thereafter, this asset offers strong income growth potential. The tenant’s robust covenant, underpinned by McDonald’s UK-wide presence and financial strength, ensures long-term stability for investors.

Property Subtype:

Restaurant

Date on Market:

12/11/2025

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.

Property Subtype:

Bank

Date on Market:

24/09/2025