Commercial property for sale in Cheltenham

DescriptionSituated within a fantastic town centre location, this 22 ensuite bedroomed hotel is a fabulous investment. Already generating good income to profit margins, this low input and low maintenance operation comes with a solid client base and repeat business year on year. Offering room only and Grade II Listed, this sizeable Georgian property is well-located to access many of the town's famous attractions, from the racecourse to high street shopping, the Jazz Festival and renowned restaurants. Spread across four floors, it benefits from regency charm with high ceilings, sash windows, and Juliet balconies amongst others. Externally and to the rear is a an off-road parking area, ample space for a number of vehicles, there is opportunity here for further development subject to the relevant consents. Locationwhat3words: ///cage.sound.closed Located within easy reach of major communication links like the M5 which gives access to Bristol and the South West along with Birmingham to the North. Just over a mile away is Gloucestershire Airport, and further afield are the airports of Bristol and Birmingham International. Situated in the heart of Cheltenham, it provides easy access into the city centre for culture, shopping, restaurants, bars, the Jazz Festival, and also Cheltenham Racecourse. Internal DetailsInternally the property currently offers a room only service, providing 22 clean, tidy and modern bedrooms. All rooms come with LCD TVs, a mixture of singles, twin rooms/doubles, family rooms and suites. Each room has a full-size fridge & microwave along with tea, coffee, kettle, crockery and a hairdryer. Wi-Fi is available throughout the entire property. All bedrooms offer modern and stylish ensuite facilities including white sanitary ware and showers. Fixtures & FittingsTrade fixtures & fittings are included within the freehold sale, those items personal to the owner may be excluded, contact the selling agent for clarity. External DetailsExternally, there is parking for a number of vehicles to the rear. The property sits within a large plot and certainly has scope for extension and/or redevelopment subject to the relevant consents. The OpportunityThis is a fantastic opportunity to acquire a low-maintenance accommodation business within the heart of this Cotswolds town. Turning a good profit and with repeat business along with the development potential it offers, it's a worthwhile buy. The business has been in the hands of the current owner for the past 20 years and due to wanting to retire, this lucrative business is now hitting the market. Trading InformationTrading information can be obtained via the selling agent. TenureFreehold Energy Performance Certificates EPC 1

Commercial property for sale in Cheltenham, England

Hotel for sale

Description

Need Broker Assistance?