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Querns Lane, Cirencester, Gloucestershire, GL7 - Image 1
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Querns Lane, Cirencester, Gloucestershire, GL7 - Image 3

Querns Lane, Cirencester, Gloucestershire, GL7

South West

£400,000

Listed on 25/09/2026

The listing

Property details

Bedrooms
N/A
Type
Office
Area
4030 sqft

Description

This Grade II listed commercial property presents a unique investment opportunity in the heart of Cirencester. Currently configured as office and storage space, this substantial building spans approximately 4,030 square feet across three floors, with additional basement space. The layout includes a ground floor featuring office space, a showroom, and a workshop/loading bay, while the first and second floors offer additional showroom and storage areas. An additional outbuilding extends to about 751 square feet, currently utilized for storage. Set in a historic town known for its vibrant community and rich heritage, this property is ideal for redevelopment into residential units, subject to obtaining the necessary consents. The location benefits from steady foot traffic due to local attractions and the presence of the Royal Agricultural University, ensuring a youthful demographic and strong spending power. The property’s courtyard provides access for vehicles and includes parking, a garage, and outdoor facilities. With its unmodernised condition, there is significant potential to convert this space into attractive family homes or apartments, making it an appealing prospect for investors looking to capitalize on Cirencester's charm and demand.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

75out of 100
Grade BGood opportunity

Confidence: MEDIUM

This Grade II listed building in Cirencester presents a fantastic opportunity for redevelopment, with the potential to transform its dated interiors into desirable residential spaces. The asking price of £400,000 is notably cheap compared to the local average of £402/sqf, making it an attractive acquisition for those looking to invest in a prime location with significant character.

The property’s substantial size of around 4,303 sq ft, coupled with an additional outbuilding, provides ample space to work with. Its historic charm, combined with the potential for modernisation, allows for creative redesigns that can enhance its appeal. However, be prepared for a heavy renovation project, as the interiors are unmodernised and the condition is dated throughout, requiring comprehensive updates to realise its full potential.

Key opportunities

  • Substantial size allows for creative redevelopment into multiple residential units.
  • Historic character provides unique charm that can be enhanced through renovation.
  • Prime location in Cirencester with strong market demand for residential properties.

Key risks

  • Stripped interiors and a £100,000–£250,000 works budget make this a full-gut programme, not a refresh.
  • The Grade II listing may limit modifications, potentially affecting renovation plans.

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Map

Location

Querns Lane, Cirencester, Gloucestershire, GL7
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,511
Based on a loan of £300,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

This calculation uses non-residential (land/commercial) tax rates.

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