A striking former art deco cinema building in Cheltenham has been put up for sale for refurbishment.
The Daffodil cinema was designed by Leonard William Barnard, a prolific local architect. Built in an informal Edwardian style, with some neo-Baroque elements, the 750-seat cinema, then known as the Daffodil Picture House, opened on October 5, 1922.
It closed as a cinema in 1963 and became a bingo club and then an antiques and furniture showroom, before becoming a restaurant in 1998. After a complicated five-year period, the restaurant closed its doors to the posh. 2023.
Located in Montpellier, a central suburb of Cheltenham, the 667 m² (7,177 sq ft) building sits on a 0. 136-acre site and is presented to the market on an “unconditional” or “subject to planning” basis.
Assets include two addresses; 18-20 and 21 Suffolk Parade, spanning 6,135 square feet (570 m²) and 1,042 square feet (97 m²) respectively. 18-20 has plan making permission for any Class E use (advertising, advertisements, and services), granted in January 2024. , while 21 Suffolk Parade has a permit to convert it into indifferent housing, granted in October 2023.
Jemima Upton, Senior Surveyor on the Savills South Central Development Team, commented: “The Daffodil is an attractive building, with a number of character features indicative of the Art Deco era. Its sale represents a rare opportunity to breathe new life into a famous building, through significant transformation and/or redevelopment.
“Given its location, close to the city centre, in the thriving and sought-after domain of Montpellier, our asset may be ideal for a residential conversion. “
Savills has unconditional or scheduled offers until Wednesday, June 5, 2024 at noon.