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The Business Magazine May 2024
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Buyer acquires prime retail site in Cheltenham

The Business Magazine article image for: Buyer acquires prime retail site in Cheltenham
The Promenade Cheltenham
5 June 2024
The Promenade Cheltenham

Real Estate advisers Forge has advised CBRE Investment Management on the disposal of 86-90 The Promenade – Cheltenham's prime trading location.

The property, which is let to Waterstones Booksellers Ltd and Hobbs Ltd, provides 17,269 sq ft of prime High Street retail accommodation.

Following competitive bidding, Forge concluded the deal with a private client of Knight Frank.

The building comprises a total of 17,269 sq ft, and offers significant scope for conversion of the upper parts to alternative uses (subject to planning).


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Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

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