£525,000
(£221.80/sq. ft)
Restaurant for sale1 Albion Street, Cheltenham GL52
2,367 sq. ft
About this property
Well presented
Fully equipped restaurant
Fixtures & fittings included
Newly refurbished flats
Town centre
Cheltenham is a Regency Spa town having a population of 118,800 (Office for National Statistics 2021), located approximately 99 miles to the west of London and midway between Bristol and Birmingham adjacent to junction 11 of the M5 motorway with dual carriageway access to London via the A417/419 and M4 motorway. Railway services are to London Paddington (2 hours 10 mins).
The town hosts several major international festivals for science, literature, music, and national hunt racing.
1 Albion Street is located to the North of the High Street on Cheltenham’s inner ring road, close to the junctions of Pittville Street and North Street, which link through to the High Street.
Occupiers in the vicinity include Boots, Job Centre Plus, Turtle Bay restaurant, Leisure Lakes Bikes and The Chicken Inn takeaway.
1 Albion Street comprises a semi-detached three storey building constructed of rendered elevations under a tile covered pitched roof.
Internally, the building provides a well-presented restaurant on the ground floor and basement. The separately accessed first floor provides residential accommodation, being a recently constructed bedsit and recently renovated two-bedroom flat.
Approximate Measurements and Net Internal Areas
Restaurant demise: 1,414 sq ft (131.36 sq m)
Flat: 735 sq ft ( 68.28 sq m)
Bedsit: 218 sq ft ( 20.25 sq m)
Subject to Contract
Proposals to purchase the Freehold interest with vacant possession being provided to the purchaser on completion are invited on an unconditional basis based on a guide price of £525,000.
If desired by the purchaser, the sale can include all trade fixtures and fittings.
The property is elected for VAT
The town hosts several major international festivals for science, literature, music, and national hunt racing.
1 Albion Street is located to the North of the High Street on Cheltenham’s inner ring road, close to the junctions of Pittville Street and North Street, which link through to the High Street.
Occupiers in the vicinity include Boots, Job Centre Plus, Turtle Bay restaurant, Leisure Lakes Bikes and The Chicken Inn takeaway.
1 Albion Street comprises a semi-detached three storey building constructed of rendered elevations under a tile covered pitched roof.
Internally, the building provides a well-presented restaurant on the ground floor and basement. The separately accessed first floor provides residential accommodation, being a recently constructed bedsit and recently renovated two-bedroom flat.
Approximate Measurements and Net Internal Areas
Restaurant demise: 1,414 sq ft (131.36 sq m)
Flat: 735 sq ft ( 68.28 sq m)
Bedsit: 218 sq ft ( 20.25 sq m)
Subject to Contract
Proposals to purchase the Freehold interest with vacant possession being provided to the purchaser on completion are invited on an unconditional basis based on a guide price of £525,000.
If desired by the purchaser, the sale can include all trade fixtures and fittings.
The property is elected for VAT
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