Cheltenham

Gloucestershire Airport

Operational airfield with two business parks extending to approximately 800,000 sq ft of hangar, office, industrial and leisure space. The Airport also has 14.5 acres of land with planning permission for B1, B2 and B8 uses plus an additional 30 acres of land that could be brought forward for aviation related development.

Project Summary

Gloucestershire Airport
  • Project
    Gloucestershire Airport
  • Size
    313 Acres
  • Planning Status
    Green Belt, Permitted Development Rights
  • Use
    Commercial
  • Partnership
    Gloucestershire Airport Ltd

Moore Achievements

  • Strategy prepared for the the sale of serviced land aligned with market demand.

  • Implementation of a robust asset management plan which has resulted in a 5% increase in passing rent and recovery of in excess of £80,000 of rent arrears within 12 months of appointment.

  • Introduction of a property management and accounting system to ensure robust procedures are in place for rent collection and estate management.

  • Detailed analysis of rental income to inform the business plan and financial modelling of asset management opportunities.

  • Tenant liaison and proactive exploration of opportunities with them to facilitate growth of the Airport's rental and operational income.

  • Supporting Gloucestershire Airport Ltd and its shareholders with preparing the business and land for sale.

Moore Projects

Moore DM provide an end-to-end development management service for strategic land spanning the lifecycle of land promotion, planning and delivery that is tailored to the needs and objectives of our clients.