, 33-41 Promenade, Cheltenham, GL50 1LE | Property to rent | Savills
5,845 sq ft(543.02 sq m)
Rent on application

33-41 Promenade, Cheltenham, GL50 1LE


    Key features

    • Leasehold Restaurant
    • Located in a High footfall location fronting The Promenade in the central Cheltenham
    • Short distance from Regent Arcade Shopping Centre
    • Property arranged over ground, first and second floors extending to 5,845 Sq Ft (544 Sq M)
    • Grade II Listed
    • External trade terrace at 1st Floor for 28 customers
    • Guide Rent: £115,000 per annum

    Prominent High Street Restaurant Unit Available in Central Cheltenham

    About this property

    • Description
      The property comprises a three storey mid-terrace building with stone elevations beneath a flat roof.

      Accommodation
      Ground Floor: The ground floor provides an open plan dining area, adjoining pizza oven and prep area. Ancillary areas include disabled toilets, bottle store and cold room.

      First Floor: The first floor is accessed via an internal staircase and provides an additional trading area with a central bar servery. Externally, there is
      a terrace overlooking the Promenade which provides an additional customer trading area. Ancillary areas include a trade kitchen, Gents and Ladies WC’s and a store located to the rear.

      Second Floor: The second floor is accessed via a rear stair case and provides staff areas including changing facilities, Gents and Ladies WC’s, a managers office and three storage room as well as a boiler and plant room.

      Premises Licence
      The property has the benefit of a Premises Licence which permits the sale of alcohol daily between 10am and 12am.

      Tenure
      The property is held freehold (Title Number GR88003).

      Terms
      Rental offers are invited in excess of £115,000 per annum for a new lease of the entire property on terms to be negotiated.

      Planning
      The property is Grade II Listed and is it not situated within the Central (Cheltenham) Conservation Area. The property is also located within Flood Zone 3.

      EPC
      B - 41.

      Rateable Value
      2026 - £123,000.

      Money Laundering
      Prospective tenants will need to provide proof of identity and residence as part of Savills / Green & Partners mandatory anti money laundering checks.

      Viewings
      All viewings must be arranged strictly by appointment with either Savills or Green & Partners as the restaurant is now closed.

    Local information

    • Located in central Cheltenham in the county of Gloucestershire, 10.0 miles (16.0 kilometres) north east of Gloucester and 41.0 miles (66.0 kilometres) south of Birmingham.
    • The property fronts onto The Promenade, an attractive pedestrianized thoroughfare in the heart of Cheltenham. The nearby 215,000 sq ft Regent Arcade Shopping Centre which houses notable retail occupiers such as H&M, Decathlon, T K Maxx and Ernest Jones Nearby as well as leisure operators including SOHO Coffee Co, Kibou and Tivoli (part of Everyman Cinemas).
    • Cheltenham Spa train station is located 1.2 miles west of the property and provides national rail services to London Paddington in 1 hour and 56 minutes and Bristol in 39 minutes.

    Available space

    Namesq ftsq mAvailability
    Ground1,663154.50Available
    1st3,020280.57Available
    2nd1,192110.74Available