Flagship restaurant opportunity in central Cheltenham.
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.
The unit is currently closed so all viewings must be arranged by prior appointment via the sole agents Savills.
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.
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.
The second floor is accessed from the rear of the first floor and comprises staff changing facilities and further storage space.
The property is Grade II Listed and located within Cheltenham Central Conservation Area.
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.
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 Regulations require Savills to conduct checks upon all Purchasers (including Tenants). Prospective tenants will need to provide proof of identity and residence.
2017 - £119,000
EPC exempt - Listed building
|Floor / Unit||Type||Size||Status|
|Ground (Customer Trading Area)||Restaurant||1848 sq ft||Sold|
|1st (Additional trading Area)||Restaurant||3036 sq ft||Sold|
|2nd (Staff Areas & Ancillary)||Restaurant||983 sq ft||Sold|