Bar/Restaurant Premises, Clarence Parade, Cheltenham, GL50 3PA | Property for sale | Savills
9,066 sq ft(842.26 sq m)
Price on application

Bar/Restaurant PremisesClarence Parade, Cheltenham, GL50 3PA

  • Freehold

Key features

  • Substantial late night premises in Cheltenham town centre
  • Characterful Grade II listed building
  • Popular tourist location
  • Fronting an established leisure and hospitality pitch close to Wagamama, JD Wetherspoon, Franco Manca & Bella Italia
  • EPC: E - 105
  • Offers are invited for the benefit of a new lease or alternatively for the freehold subject to securing vacant possession

LATE NIGHT LICENSED PREMISES IN CHELTENHAM TOWN CENTRE AVAILABLE TO LET/FOR SALE SUBJECT TO VACANT POSSESSION

About this property

  • Description
    The bar/restaurant premises is a Grade II listed character property of stone construction beneath a slate covered roof. The property which is also located within the Cheltenham Central Conservation Area, was a former Baptist church which is believed to have been built in 1843. The property is laid out to provide accommodation on ground and first floor levels.

    Floor Areas
    Interested parties are strongly urged to undertake their own measured survey of the property prior to entering into a new lease or purchase of the property.

    Tenure
    Freehold (Title Number GR207694).

    Premises Licence
    The property has the benefit of a Premises Licence which permits the sale of alcohol at the following times;
    Monday-Sunday - 9am-4am

    Rateable Value
    2023 - £155,000

    Fixtures and Fittings
    Fixtures and fittings are outside of our clients ownership so a separate negotiation with the current occupier will be required should you require any of the current furnishings or equipment.

    EPC
    E-105.

    VAT
    The property is elected for VAT.

    Planning
    The building is Grade II Listed and is situated within the Cheltenham Central conservation area.

    Terms
    The property is held freehold and is available, subject to securing vacant possession, on a new lease. Alternatively freehold offers will also be considered.

    Viewings
    Interested parties are strongly urged to undertake customer viewings in the first instance. All formal viewings must be strictly be made by prior appointment via the sole agents Savills. Under no circumstances should any direct approach be made to any of the current occupiers members of staff.

    Money Laundering
    Prospective purchasers will need to provide proof of identity and residence as part of Savills mandatory anti money laundering checks.

    Further Information
    Please contact:
    Paul Breen
    07767 873353
    pbreen@savills.com

    Chris O'Mahony
    07870 555988
    comahony@savills.com

Local information

  • Cheltenham is a spa town within Gloucestershire approximately 10 miles (16 kilometres) north east of Gloucester and 24 miles (38 kilometres) south of Worcester. The bar/restaurant premises is situated in the town centre at the intersection between Clarence Street and High Street in a mixed residential and commercial area. Nearby units include Wetherspoon, Wagamama, Bella Italia, and Franco Manca, adding to the vibrant dining and social scene. The adjacent John Lewis store is currently undergoing large-scale redevelopment. Cheltenham Spa Station is located approximately 1.2 miles (26 minute walk) south west, offering Great Western Railway services.

Available space

Namesq ftsq mAvailability
Ground5,200483.10Available
1st3,866359.16Available