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Montpellier Walk, Cheltenham, Gloucestershire, GL50

Offers in Region of
£1,600,000

£930.77 per sq ft

Business rates & charges may apply

Genius1 Group, London
SIZE AVAILABLE

1,719-2,056 sq ft

160-191 sq m

SECTOR

Restaurant for sale

USE CLASSUse class orders: A3 Restaurants and Cafes and Class E

A3, E

Floor/Site plan 1
1

Key features

  • Cheltenham Freehold Restaurant Investment Opportunity
  • Located opposite Montpellier Gardens
  • Let to ASK Restaurants at a passing rent of £80,000 pa
  • Total 6,761 sq ft (628 sq m)
  • Freehold offers sought in the order of £1,600,000

Description

The property is situated on the west side of Montpellier Walk, opposite Montpellier Gardens and Montpellier Spa Road and close to the junction with Montpellier Terrace and Lansdown Road.

Nearby operators include The Ivy, Cote Montpellier Brasserie, All Bar One, Giggling Squid and Franco Manca. Cheltenham Spa (Great Western Railway) station is located approximately one mile from the premises.

The property is arranged over the ground floor, basement, first and second floors.

Ground 2,056 sq ft (191 sq m)
Basement 1,719 sq ft (160 sq m)
First 1,574 sq ft (146 sq m)
Second 1,412 sq ft (131 sq m)
Total 6,761 sq ft (628 sq m)

Investment Opportunity

The property is currently let at a passing rent of £80,000 pa to ASK Restaurants Ltd until 30 Oct 2034. A surrender of the upper floors (1st, 2nd ) has been agreed and a planning application for 4 Apartments will be heard shortly. Further details available upon request.

Freehold offers are being sought in the order of £1,600,000 subject to contact.

Brochures

Montpellier Walk, Cheltenham, Gloucestershire, GL50

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cheltenham Spa Station0.8 miles

About Genius1 Group, London

Middleton Place, London, W1W 7TB

Notes

These notes are private, only you can see them.

Disclaimer - Property reference CheltenhamINV. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Genius1 Group, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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