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Coronation Square Shopping Centre, Princess Elizabeth Way, Cheltenham, GL51 7SF
not specified / Retail
Withdrawn - Last updated: 05 October 2020
Comprises a purpose built 1960’s shopping centre with 41 retail units and 23 residential units. The total site area is 2.45 acres, which could be extended to 4.33 acres through the acquisition of an adjoining council owned car park.
Located on the A4013 (Princess Elizabeth Way), between the A40 and A4119 (Tewkesbury Road), in a residential suburb. It is approximately 2 miles west of Cheltenham Town Centre and 1½ miles east of the M5.
Situated in a very prominent position in close proximity to GCHQ and Gloucestershire College who attract 12,000 students and employees to the area daily. Coronation Square is the focal point of the community and a library, police station, pharmacy and Pates Grammar School are all located within close proximity.
The site provides an excellent retail/mixed use redevelopment opportunity for a retail led scheme. Cheltenham Borough Council, as freeholder and Planning Authority, has expressly stated they will work in conjunction with the owner of Coronation Square to regenerate the site.
Existing tenants within the property include Cheltenham Borough Council, Co-op supermarket, Age Concern, Lloyds Pharmacy and Greggs.
Location
Coronation Square Shopping Centre, Princess Elizabeth Way, Cheltenham , GL51 7SF, Gloucestershire, South West
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