Large central Gloucester building — retail let in place, upper floors ripe for refurbishment or conversion..
- Prominent Georgian façade with high ceilings and arched windows
- Ground floor let/part-let to Post Office Limited (new lease on part)
- Upper floors vacant and in need of full refurbishment
- Approx. 11,150 sq ft freehold in central Kings Square location
- Conversion to residential or alternative uses possible (subject to planning)
- EPC Band D (Display Energy Certificate Band E); purchasers to verify
- Area records very high crime and very high deprivation
- No private external amenity; public square frontage only
A prominent freehold commercial building on Kings Square, Gloucester, presenting a substantial city-centre investment and refurbishment opportunity. The ground floor is arranged for retail use with a new lease signed to Post Office Limited on part; upper floors are vacant and require full refurbishment. The property benefits from high ceilings, large arched windows and a classical Georgian façade that gives strong street presence and good passing footfall from the pedestrianised square.
This asset suits an investor or developer targeting central retail, office or mixed-use repositioning. The uppers have potential for conversion to residential or alternative Class E uses (subject to planning and purchaser verification). Practical features include wet central heating with a modern gas boiler and ground-floor air conditioning; the building is not listed and is not elected for VAT on the sale price.
Key commercial facts are straightforward: freehold, approx. 11,150 sq ft, EPC Band D (Display E), current rateable values noted and offers invited in excess of £650,000. An information pack and video tour are available; purchasers should verify planning, services and legal position themselves (upper floors previously B1 now considered within Class E and lease position includes subtenant/tenancy at will).
Buyers should balance the strong central location and conversion potential against important negatives: the uppers need renovation, the local area records very high crime and very high deprivation, and there is limited private external amenity. This is a practical redevelopment play in a busy retail/leisure pitch rather than a low-risk, turn-key asset.