The announcement that traders must vacate Cavendish House by January 31 has sparked concern among Cheltenham residents and local leaders alike. The iconic former House of Fraser building on the Promenade reopened in May 2024, hosting nearly 30 independent pop-up stalls as a temporary measure while Canada Life Asset Management drafted redevelopment plans.
Cheltenham MP Max Wilkinson expressed regret at the news, emphasizing the vital role these short-term traders played in keeping Cavendish House lively. “The pop-up shops have been brilliant at maintaining the spirit of Cav House,” he said. “I hope these talented entrepreneurs find new opportunities soon. Now, Canada Life must present a clear redevelopment plan without delay or excuses.”
Wilkinson criticized the slow progress and previous management of the site but welcomed the introduction of trusted local leadership. “The community demands that this beloved town centre landmark be restored to its former glory,” he added. “Revitalizing our town centre means filling empty spaces with shops, leisure venues, and much-needed new homes.”
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Sanderson Weatherall, managing agents for Cavendish House, confirmed the building will close by the end of January to allow for redevelopment, including the demolition of the connecting bridge to Regent Arcade. This bridge removal aims to open space for a new restaurant offering panoramic views, a significant enhancement for the area.
“While disappointing for traders, the marketplace has successfully supported many local businesses in their early stages,” said a spokesperson. Several traders have already moved into permanent locations, transitioned online, or used the opportunity to evaluate their long-term plans.
Canada Life Asset Management reaffirmed its commitment to collaborating with Cheltenham Borough Council and local stakeholders on the next phase of redevelopment. “We are progressing with pre-application planning and look forward to revitalizing this historically important site,” their spokesperson stated.
Cheltenham Borough Council’s cabinet member for economic development, Izaac Tailford, acknowledged the uncertainty traders face and highlighted support through The Growth Hub. Efforts are also underway to relocate the Tourist Information Centre to continue promoting the town effectively.
“We believe in a bright, positive future for Cavendish House,” Tailford said. “Working alongside Canada Life, we aim to ensure this key part of Cheltenham’s town centre thrives once again.”