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Commercial Car Park, Development - Retail, Development - Office, Development - Residential to Buy

Portland Street, Cheltenham, GL52

£8,000,000
1.68 acres
 
£8,000,000
1.68 acres
SECURE LONG INCOME CAR PARK INVESTMENT WITH STRONG UNDERLYING DEVELOPMENT POTENTIAL
The property comprises a well configured rectangular surfaced level car park with a prominent frontage on North Place and Portland Street. The car park is tarmacked and provides 320 white line marked spaces.
A well configured site extending to c. 1.678 acres / 0.679 hectares. The area outlined in blue currently houses a toilet block with the potential for additional spaces
Auto Trade, Development to Buy
Commercial Car ParkDevelopment - RetailDevelopment - OfficeDevelopment - Residential

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RE: Portland Street, Cheltenham, GL52  (210220083413)

map markerPortland Street, Cheltenham, GL52

The car park, is situated in a prime town centre location surrounded by existing developments. This site, is accessed via North Place or Portland Street. To the south of the car park, is a site occupied by The Chapel Spa and a physiotherapist. On the northern boundary is a block of flats and Regency townhouses fronting Clarence Road. The property is just 0.3 miles north of the town centre and is near the entrance to the Brewery Leisure Quarter and a short walk from Cheltenham’s main amenity and retail offerings which includes a John Lewis Department Store.
Cheltenham is located in north Gloucestershire, a county in the South West of England. The town, is well situated less than 100 miles west of London, 50 miles south of Birmingham and 42 miles north east of Bristol.
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