Business · Marlborough
Historic Marlborough High Street building on market for £1 million
By Swindon Now Editorial Team · Published
A prominent building housing a national restaurant chain on Marlborough High Street has been listed for sale, presenting a major investment and development opportunity.
A landmark property located on one of the most prominent sections of Marlborough High Street has been placed on the market with a guide price of £1 million. The building, numbered 36-39, is currently being marketed by agents Parkheath as a combined development and investment opportunity.
The site, which occupies a central position in the town, comprises two commercial units on the ground floor alongside an 11-room hotel. The property is perhaps best known to locals as the home of Pizza Express, which currently maintains an operational presence at the site. According to the listing, the restaurant chain has recently committed to the location by signing a new 15-year lease agreement.
While the restaurant unit provides a stable commercial anchor, the wider property presents a mix of occupied and vacant space. Alongside the restaurant and the hotel rooms, the site includes a smaller commercial unit that is currently unoccupied, offering potential for future use or reconfiguration.
The future of the hotel section remains a point of interest for the town. While the property is marketed as an 11-room hotel, reports suggest that the establishment is currently closed to the public. Agents handling the sale have highlighted that the premises would benefit from improvement or redevelopment to realise its full potential within the historic high street setting.
The listing is being marketed as a rare opportunity for prospective buyers to acquire a substantial freehold asset in the heart of Marlborough. Given the building's size and its mix of commercial and hospitality use, the sale is likely to draw significant interest from those looking to manage an established commercial portfolio or undertake a redevelopment project in the area.
Source: Gazette & Herald — Marlborough · View original