Action! Art Deco cinema ripe for Resi and Commercial development

Action! Art Deco cinema ripe for Resi and Commercial development


Todays other news
It's based on affordability, commuting convenience, crime rates, school ratings,...
Rightmove has given a detailed analysis of the current UK...
Aviva Investors has grown its Spanish Build To Rent (BTR)...


A striking art deco former cinema building in Cheltenham has been brought to the market for redevelopment by Savills.

The Daffodil Cinema was designed by Leonard William Barnard, a prolific local architect. Built in Edwardian Free Style, with some Baroque Revival elements, the 750 seat cinema – then known as Daffodil Picture House – opened in October 1922.

It closed as a cinema in 1963 and was converted into a bingo club and then an antique and furniture showroom, before being refurbished into a restaurant in 1998.

Following a challenging five-year period, the restaurant permanently closed in 2023.

Situated in Montpellier, a prime central district of Cheltenham, the 7,177 sq. ft (667 sq. m) building sits within a 0.136 acre site, and is being offered to the market on an ‘unconditional’ or ‘subject to planning’ basis.

The property encompasses two addresses; 18-20 and 21 Suffolk Parade, extending to 6,135 sq. ft (570 sq. m) and 1,042 sq. ft (97 sq. m) respectively. 18-20 has planning permission for any Class E (commercial, business and service) use, granted in January 2024, while 21 Suffolk Parade has permission for conversion to a single residential dwelling, granted in October 2023.

Jemima Upton, a senior surveyor in Savills South Central Development team, comments: “The Daffodil is an attractive and prominent building, with a number of character features indicative of the art deco era. Its sale represents a rare opportunity to give a renowned building a new lease of life, through sensitive conversion and/or redevelopment. Given its location, close to the town centre in the affluent and highly sought-after Montpelier, we believe the property could be particularly well-suited to a residential conversion.”

Savills is seeking unconditional or subject to planning offers by midday on Wednesday June 5 2024.

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Property Investor Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
A valuable plot of land across the main road from...
RWinvest has launched its first international headquarters in the United...
Planning consent has been granted to transform a sandstone office...
This is a rare opportunity its for mixed use development...
Anthony Joshua, has secured Oman’s most expensive luxury penthouse....
Zoopla expects average UK house prices to increase by 1.5...
Income tax for landlords will rise by 2% across the...
Recommended for you
Latest Features
It's based on affordability, commuting convenience, crime rates, school ratings,...
Sponsored Content
Fresh tax changes, tighter energy efficiency expectations, rising compliance costs...
We buy any type of property – no matter the...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.