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Historic Cheltenham Town Centre Restaurant And Bar For Sale

Cheltenham, Gloucestershire, UK
Asking Price:
£100,000 Furniture / Fixtures included
Turnover:
On request
Net Profit:
On request

This substantial restaurant and bar presents an attractive opportunity for experienced restaurateurs, hospitality groups and ambitious operators seeking an impressive, fully fitted venue in the heart of Cheltenham town centre.
Occupying a prominent position within a historic property, the premises combine architectural character with an exceptionally high standard of interior finish. The extensive accommodation, generous customer capacity and additional alfresco seating create an appealing environment for a premium dining and bar concept.
Currently open and trading, the property offers an incoming operator the opportunity to acquire the leasehold interest and trade contents of an established hospitality venue. With approximately 10 years remaining on the lease and statutory security of tenure under the Landlord and Tenant Act 1954, this represents an appealing proposition for operators seeking a substantial presence in Cheltenham.

  • Prime Cheltenham town-centre location on County Court Road, benefiting from high footfall.
  • Attractive historic property with approximately 7,500 sq. ft. of accommodation.
  • Restaurant and bar arranged across basement, ground and first floors.
  • Seating for 158 customers internally, plus 16 alfresco covers.
  • Exceptionally high-quality finish, fully fitted and currently open and trading.
  • Approximately 10 years remaining on the lease, with annual rent of £120,000 and protection under the Landlord and Tenant Act 1954.

Property Information

Property:

Leasehold

Lease Terms:

The property is held on a leasehold basis, with approximately 10 years remaining on the existing lease. The passing rent is £120,000 per annum. The lease is held inside the Landlord and Tenant Act 1954, providing statutory security of tenure, subject to the Act's provisions. Further details regarding rent reviews and other lease conditions have not been provided.

Leasehold Rent:

£120,000 per annum per annum

Location:

The restaurant and bar occupies a prominent position on County Court Road in Cheltenham town centre.
Situated within a historic property, the premises benefit from a prime commercial setting with high levels of pedestrian activity.
The central location and characterful surroundings provide an attractive setting for a hospitality business seeking to establish or expand its presence in Cheltenham.

Premises Details:

The property comprises approximately 7,500 sq. ft. of restaurant and bar accommodation arranged across the basement, ground and first floors.
The principal customer areas are situated on the ground and first floors, providing seating for approximately 158 customers.
Additional alfresco seating accommodates a further 16 customers, bringing the total stated seating capacity to approximately 174 covers.
The premises are fully fitted to an exceptionally high standard, combining the character of a historic building with a high-quality hospitality environment.
The property is currently open and trading, with the leasehold interest and trade contents available for acquisition.

Size in square feet:
Approximately 7,500 sq. ft. across the basement, ground and first floors.

Business Operation

Expansion Potential:

The substantial accommodation and existing restaurant and bar facilities offer opportunities for an incoming operator to develop the current hospitality offering or introduce a new concept.
The combination of indoor dining, bar accommodation and alfresco seating could support a range of food-led and premium hospitality formats.
The property's historic character and town-centre position may appeal to an established restaurant group seeking an additional location or an independent operator looking to create a distinctive dining destination.
The existing high-quality fit-out provides a foundation for an incoming operator, subject to their operational requirements.
Any changes to the existing use or operation would be subject to the necessary consents and lease provisions.