Bar / Nightclub for sale

Thirteen Degrees, 13 St Georges Road, Cheltenham, GL50 3DT

Guide Price £90,000

Property Description

Commercial information

  • Business for sale

Key features

  • Popular tourist destination
  • Grand Regency building
  • Outdoor terrace
  • Potential for owners/staff accommodation
  • Excellent reputation and trade history
  • Destination venue on main thoroughfare. Energy Rating C

Full description

Tenure: Leasehold

Description

Thirteen Degrees is set within an imposing end terrace regency property with tastefully decorated rooms over three floors. There is an entrance hall, cloakroom, and welcome bar on the first floor.

Location

Cheltenham is a historic spa town located on the edge of the Cotswolds area of outstanding natural beauty. Famed for its imposing regency style buildings, the town has developed a reputation as an affluent hub of commercial and residential activity. The tourist trade is plentiful, with year-round events including festivals of science, music, literature, food and jazz. There is also the world-famous Cheltenham Race Course, home to the Cheltenham Festival, including the Gold Cup. The town is home to six campuses of the University of Gloucestershire, as well as major employment hubs such as GCHQ, global clothing brand Superdry has its headquarters in the town.

Thirteen Degrees is located at the end of Montpellier, near the start of the main promenade. Montpellier is an affluent area of Cheltenham known for its eclectic mix of independent shops, bars, restaurants, and coffee hubs.

Internal Details

There are three other trade bars within the main area as well as an outside terrace.

Upstairs there is a large space, currently arranged as self-contained living accommodation and offices.

There is also a commercial kitchen onsite.

Terms

Christie & Co is instructed to market Thirteen Degrees at £90,000 for the leasehold interest. Annual rent payable is £110,000.

Interested parties will be required to place a 6-month rent deposit and provide the landlord with a personal guarantee along with trade and personal references.

Further information on the lease is available through Richard Thomas of Christie & Co, Bristol.

The Opportunity

Rated as “the classiest nightclub in Cheltenham” and recommended by Tatler magazine as the place to visit for an evening out in Cheltenham, Thirteen Degrees offers a unique opportunity to acquire the on going concern of a top rated, highbrow establishment in a highly sought-after location.

The property offers flexible use, but also offers the ingoing owner a turn key opportunity. Such is the excellent reputation of the venue it is frequently booked for company events, as well as parties and the destination of choice for many in this bustling town.

Trading successfully but offering room for growth, an ingoing owner has the opportunity to further drive trade by implementing their own ideas as well as taking advantage of the dedicated local following and high tourist footfall.

Trading Information

The business has a strong trading history.

Further financial information will be made available to interested parties following a formal viewing and completion of a NDA.

Regulatory

Premises Licence


Nearest station

  • Cheltenham Spa (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Bristol

Embassy House Queens Avenue, Clifton, Bristol, BS8 1SB

0117 407 0138 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Cheltenham Spa (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Bristol

Embassy House Queens Avenue, Clifton, Bristol, BS8 1SB

0117 407 0138 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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