£500,000
(£216.08/sq. ft)
Restaurant for sale7 St. James Square, Cheltenham GL50
2,314 sq. ft
About this property
Well presented
External seating area
Located in heart of commercial district
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.
The property is situated in St James Square on the west side of the main retailing area of Cheltenham, close to a number of substantial office properties (over 300,000 sq ft estimated in the immediate vicinity), and high density/quality residential accommodation. Waitrose is 200 metres to the west.
The property is semi-detached and planned on two floors on a prominent corner position with glazed display frontage and outside seating area for approximately 30+ covers.
The front entrance of the restaurant leads directly to a bar area at the front of the ground floor restaurant area (seating up to 40). Stairs lead from the ground floor restaurant to a first floor public restaurant area (seating approximately 40).
The ground floor has spacious ancillary areas including storage, wash-up, fridge freezer centre combination. Large superb catering kitchen, well equipped with range of stainless steel commercial equipment. WC facilities.
At first floor, in addition to the public areas there are two ancillary rooms.
Approximate Measurements and Net Internal Areas
Ground floor public areas 645 sq ft (59.92 sq m)
Kitchen washup and storage 594 sq ft (55.18 sq m)
Outside seating area
External service area via kitchen
First floor public areas 624 sq ft (57.96 sq m)
Ancillary 451 sq ft (41.89 sq m)
Total 2,314 sq ft (214.97 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 £500,000.
The trade fixtures and fittings are available by way of separate negotiation.
The property is elected for VAT
The town hosts several major international festivals for science, literature, music, and national hunt racing.
The property is situated in St James Square on the west side of the main retailing area of Cheltenham, close to a number of substantial office properties (over 300,000 sq ft estimated in the immediate vicinity), and high density/quality residential accommodation. Waitrose is 200 metres to the west.
The property is semi-detached and planned on two floors on a prominent corner position with glazed display frontage and outside seating area for approximately 30+ covers.
The front entrance of the restaurant leads directly to a bar area at the front of the ground floor restaurant area (seating up to 40). Stairs lead from the ground floor restaurant to a first floor public restaurant area (seating approximately 40).
The ground floor has spacious ancillary areas including storage, wash-up, fridge freezer centre combination. Large superb catering kitchen, well equipped with range of stainless steel commercial equipment. WC facilities.
At first floor, in addition to the public areas there are two ancillary rooms.
Approximate Measurements and Net Internal Areas
Ground floor public areas 645 sq ft (59.92 sq m)
Kitchen washup and storage 594 sq ft (55.18 sq m)
Outside seating area
External service area via kitchen
First floor public areas 624 sq ft (57.96 sq m)
Ancillary 451 sq ft (41.89 sq m)
Total 2,314 sq ft (214.97 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 £500,000.
The trade fixtures and fittings are available by way of separate negotiation.
The property is elected for VAT
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£2,501 per month
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