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2 Market Pl 1,891 SF 100% Leased Retail Building Cirencester GL7 2NS $2,789,869 CAD ($1,475.34 CAD/SF)
INVESTMENT HIGHLIGHTS
- Prominent corner position in Cirencester’s Market Place with strong footfall.
- Full planning consent for four residential units on upper floors.
- Ground floor and basement let to The Cornish Bakery on a new 10-year FRI lease.
EXECUTIVE SUMMARY
A prime freehold mixed-use investment in the heart of Cirencester’s Market Place. The property extends to 5,517 sq. ft across four floors and occupies a prominent corner position. The ground floor and basement are let to The Cornish Bakery on a new 10-year FRI lease from October 2026, with rent stepping from £27,500 to £55,000 per annum. The upper floors have full planning consent for conversion into four residential units (1 studio, 1 one-bedroom, 2 two-bedroom apartments), offering strong value-add potential.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Building Size
1,891 SF
Building Class
B
Year Built
1915
Price
$2,789,869 CAD
Price Per SF
$1,475.34 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.09
Lot Size
0.04 AC
Frontage
17’ on Market Place
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2 Market Pl
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