Summary - 20 PROMENADE CHELTENHAM GL50 1LR
1 bed 1 bath Shop
Large Grade II‑listed corner retail unit on Cheltenham’s prime shopping street..
Prominent Grade II‑listed corner unit with ornate stone facade
Approximately 1,600 sq ft retail space with high ceilings and large windows
Prime position on The Promenade — high pedestrian footfall
Upper parts sold long leasehold; sale is ground-floor commercial only
Being sold shell‑fit — requires renovation and tenant fit-out
Listed status will restrict alterations and require listed-building consents
No private outdoor space; modest plot footprint for town‑centre unit
Local area records very high crime — consider security and insurance costs
This Grade II‑listed corner shop on Cheltenham’s Promenade offers exceptional street presence and wide display windows on a prime retail thoroughfare. The ground-floor retail unit is large (about 1,600 sq ft) with high ceilings and strong natural light — features that suit a high-visibility shop, café or branded retail operator.
The building’s ornate stone façade and prominent corner entrance deliver long-term appeal in a busy pedestrianised town-centre location with clear passing trade. Upper parts are in separate long-leasehold ownership as residential apartments, meaning the sale is for the ground-floor commercial unit only.
Important practical points: the unit is being sold as shell‑fit and requires renovation to fit-out for a new tenant. It is Grade II listed, which preserves character but will complicate alterations and require consents. The area records very high local crime levels, which could affect certain businesses and insurance costs.
This is primarily an investor or owner-operator opportunity: strong visibility and a central catchment promise stable footfall, but factor in listing constraints, refurbishment costs and local security considerations when assessing yield and operating budget.
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