Summary - GRAVEL HOLE METHODIST CHURCH, CASTLETON ROAD OL2 6UP
1 bed 1 bath Commercial Property
Large period chapel with long lease and conversion potential, ideal for investors or community groups..
Exceptional 999-year leasehold with ~846 years remaining
Large two-level former chapel, approx 2,511 sq ft total
High ceilings, arched windows and period red-brick character
Side garden included; no flood risk, fast broadband, excellent mobile
Currently has lower-ground childcare use under licence — verify status
Subject to Charity Act 1993 restriction on certain dispositions
Conversion/change of use requires planning (STP); refurbishment likely
Asking price £250,000 — factor renovation and legal costs
A landmark former Victorian chapel on Castleton Road, presented as a long-leasehold commercial asset with strong reuse potential. The building offers generous internal volume across two main floors (approx. 2,511 sq ft) with high ceilings, large arched windows and a side garden — features that suit community, cultural, educational or sensitive residential conversion subject to planning.
The leasehold is exceptionally secure: 999-year headlease from 29 November 1872 (about 846 years remaining), giving long-term tenure certainty for owner-occupiers, community groups or income investors. The property currently includes a lower-ground area that has been used under licence by a childcare operator; purchasers should check the status of that licence and the advertised vacant-possession statement during conveyancing.
Key practical positives include no flood risk, fast broadband and excellent mobile signal, and proximity to several ‘Good’ local schools and public transport. Drawbacks to factor: the site is subject to a standard charity restriction under the Charities Act 1993 for relevant dispositions, and any change of use will require planning consent. The building will likely need investment for modern services and refurbishment given its age and historic fabric.
This is a specialist purchase for investors, community organisations or developers able to navigate planning and renovation of a period religious building. The asking price reflects the site’s size, tenure certainty and conversion potential — purchasers should budget for refurbishment, statutory consents and legal checks on charity restrictions and the current licence arrangement.
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