Bishops Walk Shopping Centre Cricklade Street Cirencester Gloucestershire GL7 1JH

  • Bishops Walk Shopping Centre<br>Cricklade Street<br>Cirencester<br>Gloucestershire<br>GL7 1JH

Bishops Walk Shopping Centre
Cricklade Street
Cirencester
Gloucestershire
GL7 1JH

Freehold Shopping Centre Investment

  • Town Centre Multi-Let Retail Investment
  • Substantial Shopping Centre Arcade with 20 units
  • Attractive Mix of National and Independent Occupiers
  • Active Management Potential
  • Situated adjacent to Cirencester's Main Town Centre Car Park
  • Including Retail, Leisure and Office Accommodation
  • Nearby occupiers include Tesco Express, Fat Face, Boots and Waterstones
  •  
     
  • Auction
    26th March 2026
  • Rent
    £425,361 per Annum Exclusive
    with 1 vacant unit to be let
  • Status
    Available
  • Guide*
    £2,950,000
  • Auction Venue
    Live Streamed Auction
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Freehold Shopping Centre Investment

  • Town Centre Multi-Let Retail Investment
  • Substantial Shopping Centre Arcade with 20 units
  • Attractive Mix of National and Independent Occupiers
  • Active Management Potential
  • Situated adjacent to Cirencester's Main Town Centre Car Park
  • Including Retail, Leisure and Office Accommodation
  • Nearby occupiers include Tesco Express, Fat Face, Boots and Waterstones
  •   
  • Auction 26th March 2026
  • Rent £425,361 per Annum Exclusive with 1 vacant unit to be let
  • Status Available
  • Guide* £2,950,000
  • Sector
    Retail, High Street Retail, Shopping Centre
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
18 miles south-east of Gloucester, 16 miles north of Swindon, 35 miles north-west of Oxford
Roads
A417, A429 (Fosse Way), A419
Rail
Kemble Railway Station (services to London Paddington)
Air
Bristol Airport
Situation

The property is situated in the heart of the historic and attractive Cirencester town centre and is a well established Shopping Centre Arcade linking the Brewery Car Park, the town's main Car Park with some 300 spaces, to Cricklade Street and surrounding town centre amenities. Cricklade Street is Cirencester's principal retailing street.

Nearby occupiers include Tesco Express, Fat Face, Boots, Waterstones and a range of national and independent retailers together with cafés, restaurants and leisure users serving the town centre.

Tenure

Freehold.

Location
Miles
18 miles south-east of Gloucester, 16 miles north of Swindon, 35 miles north-west of Oxford
Roads
A417, A429 (Fosse Way), A419
Rail
Kemble Railway Station (services to London Paddington)
Air
Bristol Airport
Situation

The property is situated in the heart of the historic and attractive Cirencester town centre and is a well established Shopping Centre Arcade linking the Brewery Car Park, the town's main Car Park with some 300 spaces, to Cricklade Street and surrounding town centre amenities. Cricklade Street is Cirencester's principal retailing street.

Nearby occupiers include Tesco Express, Fat Face, Boots, Waterstones and a range of national and independent retailers together with cafés, restaurants and leisure users serving the town centre.

Tenure

Freehold.

Description

The property comprises a Shopping Centre Arcade providing 20 units with a complementing mix of food & beverage, retail, leisure and office accommodation on ground and first floors. The property includes 4 units fronting the prime Cricklade Street and a unit fronting the Town's main car park together with internal arcade units, kiosks and upper floor accommodation.

The property benefits from being adjacent to the Brewery Car Park with some 300 Spaces and providing a convenient passage between the Town's principal Car Park and Cricklade Street, the Town's principal's retailing thoroughfare.

VAT

VAT is applicable to this lot.

EPC

Please refer to the Legal Pack.

Description

The property comprises a Shopping Centre Arcade providing 20 units with a complementing mix of food & beverage, retail, leisure and office accommodation on ground and first floors. The property includes 4 units fronting the prime Cricklade Street and a unit fronting the Town's main car park together with internal arcade units, kiosks and upper floor accommodation.

The property benefits from being adjacent to the Brewery Car Park with some 300 Spaces and providing a convenient passage between the Town's principal Car Park and Cricklade Street, the Town's principal's retailing thoroughfare.

VAT

VAT is applicable to this lot.

EPC

Please refer to the Legal Pack.

Tenancy & Accommodation

Address Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x. Rent Review
(Reversion)
Tenant Option to Determine
Unit 1 Ground Retail
95.88
(1,032)
J.G FOODS LTD (CRN: 08178714) (Trading as The Grape Tree) 10 years from 03/03/2026
£18,000 (2)
02/03/2031
(02/03/2036)
03/03/2031
Unit 2 Ground Retail
102.60
(1,104)
SMOKINGLY GOOD BBQ LTD (CRN: 15960992) 10 years from 03/03/2026
£18,000
03/03/2031 (02/03/2036)
03/03/2028, 03/03/2031
Unit 3 Ground Retail
142.80
(1,537)
LONGFIELD HOSPICE CARE (CRN: 02213662) (Trading as Longfield) 10 years from 10/06/2016
£35,000
(09/06/2026)
-
Unit 3A Ground Retail
93.30
(1,004)
THE TANNING ROOM GROUP LTD (CRN: 16509350) 7 years from 01/09/2025
£23,150
01/01/2027
(31/08/2032)
01/01/2027
Unit 3B Ground Retail
90.80
(977)
MICHAEL HART & SON LIMITED (CRN: 04888108) 5 years from 16/11/2021
£21,000
(15/11/2026)
-
Unit 4 Ground Retail
102.70
(1,105)
PAPA JOHN'S (GB) LTD (CRN: 02569801) 15 years from 30/09/2022
£18,000
08/08/2027
(29/09/2037)
07/08/2032
Unit 4A Ground Retail
32.49
(350)
INDIVIDUAL (Trading as MyMoo) 3 years from 26/05/2024
£8,750
(25/05/2027)
-
Unit 4B Ground Retail
34.19
(368)
MATILDA'S BAR LIMITED (CRN: 15692161) (Trading as Matilda's) 3 years from 17/07/2024
£15,000
(16/07/2027)
16/07/2026 (3)
Unit 5 Ground Retail
56.00
(603)
THE GLOW TOUCH SPA LTD (CRN: 13886078) (Trading as The Glow Touch) 10 years from 22/04/2022
£17,000
22/04/2027
(21/04/2032)
-
Unit 6 Ground Retail
77.02
(829)
CIRENCESTER COBBLER LIMITED (CRN: 15924540) (Trading as The Master Cobbler) 10 years from 29/01/2021
£15,750
28/01/2026
(28/01/2031)
29/01/2027
Unit 7 Ground Retail
46.70
(503)
GWBM LTD (CRN: 08176522) (Trading as Mann Jewellers) 10 years from 02/09/2022
£11,000
02/09/2027
(01/09/2032)
02/09/2028
Unit 8 Ground
First
Retail
Ancillary
181.40
106.10
(1,953)
NATIONWIDE BUILDING SOCIETY (CRN: 355B) 5 years from 24/12/2023
£48,711
(23/12/2028)
-
Units 9 & 10
Units 9 & 10
Units 9 & 10
First
Ground
Second
Leisure / Nightclub
280.29
0.09
0.09
(3,017)
(1)
(1)
MERIDIAN LEISURE AND ENTERTAINMENT LTD (CRN:08643513) (Trading as Reva Nightclub) 20 years from 01/09/2013
£37,750
01/09/2023
01/09/2028
(31/08/2033)
-
Units 11 & 13
Units 11 & 13
First
Ground
Leisure / Nightclub
226.60
0.09
(2,438)
(1)
MERIDIAN LEISURE AND ENTERTAINMENT LTD (CRN:08643513) (Trading as Reva Nightclub) 20 years from 01/09/2013
£22,500
01/09/2023 01/09/2028
(31/08/2033)
-
22 Cricklade Street Ground
First
Retail
Ancillary
101.73
80.10
(1,095)
(862)
TELEFONICA UK LTD (CRN: 01743099) (Trading as O2) 5 years from 11/01/2024
£36,000
(10/01/2029)
11/01/2027
24 Cricklade Street Ground
First
Retail
Ancillary
98.74
57.14
(1,063)
(615)
HOLLAND & BARRETT RETAIL LIMITED (CRN: 02758955) (Trading as Holland & Barrett) 5 years from 19/04/2024
£34,000
(18/04/2029)
-
26 Cricklade Street Ground
First
Retail
Ancillary
91.90
73.00
(989)
(786)
HOTTER SHOES LTD (CRN: 14705827) (Trading as Hotter Shoes) 5 years from 23/09/2024
£30,000
23/09/2026
(22/09/2029)
-
Kiosk 1 Ground Retail
16.55
(178)
PHONE SMART GADGETS (CRN: 13375066) (Trading as Phone Smart Gadgets) 5 years from 01/05/2024
£9,250
(30/04/2029)
-
Kiosk 2 Ground Retail
4.10
(44)
THE PATISSERIE BOX LTD (CRN: 10070679) (Trading as The Patisserie Box) 3 years from 24/02/2025
£6,500
(23/02/2028)
24/02/2027
South View Ground Retail
64.29
(692)
VACANT POSSESSION -
-
-
-
Total Commercial Floor Area    
2,256.69 (1)
(24,291)
   
£425,361
   

(1) The commercial floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk) apart from units 6 (First Floor), 9, 10 and South View's floor areas which are from the tenancy schedule.
(2) The lease provides for a 3 months rent free period until 03/06/2026. The Seller will pay to the Buyer the rent that would have been due from the completion of the sale until the end of the rent free period.
(3) As to Unit 4B , the Tenant has exercised their option to determine the lease and the lease will therefore end on 16/07/2026.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Gway KanokwuttipongGway Kanokwuttipong +44 (0)20 7034 4864 +44 (0)7456 888 750gway.kanokwuttipong@acuitus.co.uk
Seller's Solicitors
Russell-Cooke LLP 8 Bedford Row
London
WC1R 4BX
Kathrin McClintock 0207 440 4834Kathrin.McClintock@Russell-Cooke.co.uk  Nick Manning 020 7405 6566Nick.Manning@russell-cooke.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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