The Post Office , 28 Kings Square, GLOUCESTER, SOUTH WEST, GL1

A unique opportunity to acquire a landmark building in Gloucester City Centre, which benefits from a new occupational lease to the ground floor and vacant upper floor offices have potential for refurbishment or alternative uses*. Interested parties are encouraged to view the video tour fully prior to viewing, as there is some disrepair / water ingress to the upper floors and capital expenditure will be required to refurbish them or convert them.

The property comprises a substantial commercial retail and office premises which is occupied on the ground floor by the Post Office. Upper floors are vacant and have been unused for many years. These floors are accessed by a separate entrance, stair core and benefit from a fire escape from the uppers to the rear. The building benefits from a rear service area for deliveries, bin storage and with employee car parking. The Gloucester Post Office building was opened in 1934 and was purpose built, designed by Henry E. Seccombe of H.M. Office of Works, London. The building is three storeys high (with basement below), made mainly of brick and stone with concrete floors and beams, the front is faced with Portland stone, the roof is made of slate and asphalt.

The property is offered Freehold subject to the occupational lease. The ground floor has been in continued occupation by the Post Office with the last lease commencing in 2006. This has been subject to a recent renewal for a new lease to Post Office Limited on the following terms:
- Passing Rent: £33,185 per annum (quarterly in advance). The rent equates to £7.57 per square foot (disregarding the basement space).
- Term: 5 years with a 3-year break (6 months' notice).
- Landlord and Tenant Act 1954 - Inside the Act.
- Repairs - Internally Repairing & Insuring
- Service Charge: Fair proportion of maintenance £1,920pa
Note: The Post Office Limited signed a new lease on 29th August 2025.

Gloucester is a historic cathedral City in the southwest of England, situated on the eastern bank of the River Severn. It serves as the county town of Gloucestershire. The City is known for its stunning Gloucester Cathedral, vibrant cultural scene, and proximity to the Cotswolds. Its economy blends traditional industries with modern sectors including aerospace, digital, and retail. The estimated population of Gloucester is 171,015. The subject property is situated in the heart of Gloucester at Kings Square, which offers a commanding position within the city's central business district. Overlooking the newly refurbished public square and forming part of the vibrant Kings Walk estate, this location provides a dynamic mix of retail, office, and hospitality occupiers including Primark, Costa, Tesco, Subway, WHSmith, Iceland, and River Island.The property benefits from a wet central heating system with modern gas fired boiler (see info pack). The ground floor also benefits from air conditioning. Purchasers are to undertake their own investigations in this regard. No tests have been carried out to verify the information.We are advised that the property benefits from continued use on the ground floor as 'retail and ancillary space' (

ow Class E). The uppers (formerly B1 offices) will also now fall under Class E. Purchasers are to verify the planning use and make their own investigations with the Local Planning Authority. The property may benefit from Permitted change of use within Class E and to other uses. The upper floors may also have conversion potential to residential (subject to planning). The building is Not Listed. Offers in excess of £650,000 for the Freehold. The property is offered For Sale by Private Treaty however we reserve the right to set a 'best and finals' offer deadline in due course. Each party is to incur their own legal fees. Please view the video tour prior to arranging a viewing. Set viewing slots will be offered.The property is not elected for VAT on the sale price.The Valuation Office Agency portal confirms: - Ground Floor - Current rateable value £46,000.

- Upper Floors - Current rateable value £17,000.EPC Band - D. Display Energy Certificate Band - E.