32 Portland Street, Cheltenham, Gloucestershire, GL52 2PB

Guide Price: £450,000

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Property Features

Freehold Period Building & Parking
Conversion Potential (STP)
Current use Class E
Passing rent £20,496 with lease expiring November 2026

Full Details

The property is arranged over four floors, with basement, ground, first and second floor and provides well-proportioned commercial accommodation with good natural light throughout. Whilst the unit is currently occupied by 'Hands On Wellbeing' as therapy and treatment rooms, the layout is adaptable and lends itself to use as offices, professional services, creative workspace, or alternative commercial uses (subject to any necessary consents).

The property benefits from a large external front car park providing space for turning and circa 7 parking spaces.

The property (including the building, walls, railings and piers) is Grade II Listed.

Location
Portland Street is a well-established commercial location, positioned close to the Promenade and High Street, with a mix of offices, retail, and professional occupiers nearby. The property enjoys excellent access to public transport, with Cheltenham Spa railway station within walking distance and a comprehensive bus network serving the immediate area. Several public car parks are also located nearby, providing convenient access for staff and visitors.

Services
We are advised that the property is connected to all mains services (gas, electricity, water and drainage), however, have not carried out any tests
in this regard.

Planning
We understand that the property falls under use Class E of the Town and Country Planning Act (as amended). The property was converted from the Manse (residential house) of North Place Church to Office use in 1984. In 2016 an application was approved for change of use class D1. Signage consents are also in place.

The building may have scope for conversion back to residential (STP). The vendor has instructed an architect to undertake feasibility drawings for a potential conversion to residential (a single dwelling or HMO units) and plans are included in the Data Pack. Any conversion will require full planning approval and listed building consent approval.

Terms
Unconditional offers are sought at a guide price of £450,000. Offers conditional on the vendor achieving Vacant Possession or subject to lease renewal may be considered.

Legal Costs
Each party is to incur their own legal fees.

Viewing
Viewing is by appointment only with the sole selling agents.

VAT
The property has not been elected for VAT.

Business Rates
Description: Office and Premises: Rateable Value: £24,250

EPC
Commissioned.

These particulars are intended as a general guide only and do not constitute any part of an offer or contract. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility. Intending purchasers or tenants should satisfy themselves as to the accuracy of all statements and representations before entering into any agreement. No employee or partner of Bruton Knowles has authority to make or give any representation or warranty in relation to the property

32 Portland Street, Cheltenham, Gloucestershire, GL52 2PB

Unit/Size 1841 Sq Ft / 171.03 Sq M

Types Office, Retail, Leisure, Development, Investment, Healthcare, Leisure Facility

Tenure Freehold

Code 12370