Land to let in Corinthian Park, Cheltenham GL51

Superb location between Cheltenham and Gloucester very close to J11 of the M5 motorway and gchq.

Commercial development land with planning permission.

Land sales or design and build projects, freehold or leasehold can be considered.

Cheltenham has an affluent and loyal local catchment population of circa 388,000 people. As well as being close by to Cotswold bmw, Aldi Supermarket, Costa Drive Thru and Children’s day care centre. The town is an established major commercial centre in the South West, particularly in the Defence sector, which has seen the strong employment growth. Key occupiers within the Cheltenham market include: Gchq (Government Communications Headquarters), Vertex Data Science, Endsleigh Insurance, Investec, Spirax Sarco Engineering, Mears Group, Superdry, ge Aviation, Safram. Ontic, Northtrop Grumman, Zurich Financial Services, ProCook and Kholer Mira.

Known as a key shopping destination within the UK, Cheltenham provides one of the most skilled workforces in the South West with a number of high achieving schools based in the local area including Cheltenham Ladies College, Dean Close, Cheltenham College (all being independent schools) and Cheltenham Pates Grammar School and Balcarras Academy (being state schools). The University of Gloucestershire with a community of 12,000 students and 1,500 staff and dating back to 1847 with three campuses in Cheltenham.

Cheltenham is known as a key shopping destination within the UK. The town provides a diverse retail offering; boutique shopping on the Promenade, listed by Google as one of the best shopping streets in the UK.

Cheltenham is well renowned for its sporting and cultural events, including the world famous steeplechase race, the Gold Cup, held at Cheltenham Racecourse in March each year. Cheltenham Literature Festival, Cheltenham Jazz Festival, the Cheltenham Music Festival and the Food & Drink Festival are also major annual events. The County Council estimate over 460,000 staying visitors and 5.6m day trippers visiting each year contributing over £235m to the local economy and sustaining over 8,000 jobs (2011 gcc Data).

The nearby Golden Valley Development will create a vibrant pioneering Garden Community integrating hi-tech business, residential and leisure uses. At its heart will be the National Cyber Innovation Centre, the UK home of the cyber, digital and creative sectors arising from Cheltenham’s international reputation for leadership in cyber innovation. On a significant development site adjacent to gchq, the opportunity exists to create a destination of global significance.

Hbd X Factory, a joint venture between hbd and Factory, has been selected as the preferred development partner for Cheltenham Borough Council, signed off in July 2022. Further announcement of this major Cheltenham expansion expected shortly.

Detailed planning consent for two office buildings, each three storey. One of 20,090 sq ft and the other of 24,880 sq ft. Each with over 100 parking spaces and representing
approximately one space per 200 sq ft. Outline planning consent for up to a further 75,000 sq ft of offices (net internal area). Other types of laboratory hightech – hybrid uses considered.

Planning permission references: 16/-22-8/ful.
Appeal reference: App/B1605/W/18/3200395.

Other uses may be considered including:
Showrooms – Motor Vehicles
Leisure – Hotel, Indoor Sports, Music Venue
Healthcare Services
Education Facilities
Subject to obtaining planning consents

Subject to Contract
Opportunities To Acquire
1. Land: 1 acre to 5.5 acres.
2. Completed buildings to an agreed specification.
(a) Freehold.
(b) On a lease basis.