32 Portland Street, Cheltenham, Gloucestershire, GL52
Size
1,841
Tenure
Freehold
EPC
Ask agent
Parking
7
- Primary use
- Traditional office
- Other use(s)
- Shop, Other leisure, Commercial development, Other, Healthcare, Other leisure
- Capacity
- Ask agent
- Desks
- Ask agent
Key features
- Freehold Period Building & Parking
- Conversion Potential (STP)
- Current use Class E
- Passing rent £20,496 with lease
expiring November 2026
Description
Conversion Potential (STP)
Current use Class E
Passing rent £20,496 with lease
expiring November 2026
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.
Description
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.
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.
VAT
The property has not been elected for VAT.
Business Rates
Description: Office and Premises: Rateable Value: £24,250
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.
EPC
Commissioned.
Legal Costs
Each party is to incur their own legal fees.
Viewing
Viewing is by appointment only with the sole selling agents.
- Service charge
- Ask agent
- Business rates
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- Use class
- Ask agent
- Listed building
- Ask agent
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirements- BREEAM rating
- Ask agent
- Environmental description
- Ask agent
Brochure
32 Portland Street, Cheltenham, Gloucestershire, GL52
About Bruton Knowles, Gloucester
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Disclaimer - Property reference 12370FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bruton Knowles, Gloucester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.