Savills | Cafe Rouge, 33-41 The Promenade, Cheltenham, Gloucestershire, GL50 1NW | Property to rent
983 to 5,867 sq ft(91.32 to 545.06 sq m)
Price on application

Cafe Rouge, 33-41 The PromenadeCheltenham, Gloucestershire, GL50 1NW

  • Sold

Key features

  • High footfall location fronting the Promenade in the centre of Cheltenham
  • Opposite House of Fraser and Regents Arcade Shopping Centre
  • New lease available
  • Fully fitted restaurant
  • Grade II Listed building
  • Extensive external areas
  • GIA: 545 Sq M (5,867 Sq Ft) over ground and two upper floors

Flagship restaurant opportunity in central Cheltenham.

About this property

  • Description
    Savills is delighted to bring to the market a flagship restaurant opportunity in central Cheltenham extending to 5,867 sq ft over ground, first and second floors.

    The property comprises a three storey mid terrace building of stone elevations beneath a flat roof. Prior to closure, the restaurant benefited from a pavement licence fronting the Promenade for 22 tables and 54 customers.

    Viewings
    The unit is currently closed so all viewings must be arranged by prior appointment via the sole agents Savills.

    Accommodation
    Ground Floor
    At ground floor level the premises were previously laid out to provide an open trading area with bar servery to the middle and seating on loose tables, chairs and booth seating for 98 customers. Disabled toilet and ancillary storage area are provided to the rear.

    First
    The first floor is accessed from an internal staircase at the front of the ground floor and comprises an additional trade area with central bar servery and seating on loose tables, chairs and booth seating for 86 customers.

    Externally, there is a terrace overlooking the Promenade with seating on loose tables and chairs for a further 34 customers. Ancillary accommodation to the rear comprises ladies and gentlemen’s toilets, a number of storage rooms and a full trade kitchen with dumb waiter to ground floor.

    Second
    The second floor is accessed from the rear of the first floor and comprises staff changing facilities and further storage space.

    Planning
    The property is Grade II Listed and located within Cheltenham Central Conservation Area.

    Premises Licence
    The property has the benefit of a Premises Licence in accordance with the Licensing Act 2003. We understand that the premises are permitted to sell alcohol at the following times:

    • Monday to Saturday 09:00 – 00:00
    • Sunday 09:00 – 23:30

    Fixtures & Fittings
    The restaurant is fully fitted and the fixtures and fittings can be included with any new letting of the property.

    Tenure
    Rental offers are invited for a new lease of the entire property on terms to be negotiated. The service charge is to be confirmed.

    Money Laundering
    Money Laundering Regulations require Savills to conduct checks upon all Purchasers (including Tenants). Prospective tenants will need to provide proof of identity and residence.

    Rating
    2017 - £119,000

Local information

  • The premises, which most recently operated under the Cafe Rouge brand, is located in Cheltenham, an affluent spa town on the edge of the Cotswolds in Gloucestershire. Cheltenham has a population of 115,300 and benefited from 1.9 million day visitors, 1.1 million nights spent in the town and spending of over £162 million in 2018.
  • The property fronts onto The Promenade, an attractive pedestrianized thoroughfare opposite the entrance to House of Fraser in the heart of Cheltenham. The nearby 215,000 sq ft Regent Arcade Shopping Centre offers over 60 stores including Ernest Jones, Pandora, Timpson, The Body Shop and Holland & Barrett. Nearby restaurants include Bill’s, Wagamama, Pret a Manger and Thorntons.
  • Cheltenham Spa train station is located 1.4 miles to the west and offers regular national rail services to London Paddington in 2 hours, Nottingham in 2 hours 4 minutes and Taunton in 1 hour 25 minutes.

Energy performance

EPC exempt - Listed building

Available space

Floor / UnitTypeSizeStatus
Ground (Customer Trading Area)Restaurant1848 sq ftSold
1st (Additional trading Area)Restaurant3036 sq ftSold
2nd (Staff Areas & Ancillary)Restaurant983 sq ftSold