Bar/Restaurant Premises, Clarence Parade, Cheltenham, GL50 3PA

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.

Location
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.

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



Chris O'Mahony