RoomsBooked Gloucester Road, 298 Gloucester Road, Cheltenham, GL51 7AG
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- SIZE
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- SECTOR
Hotel for sale
Key features
- Close to the train station
- 19 letting bedrooms
- Access to town centre
- Ample off-road parking
- Development potential STPP
- Adj profit of circa £150K
- Christie & Co Ref: 3440654
Description
Situated within a fantastic town centre location close to Cheltenham Spa Railway Station, this nineteen-bedroom room only accommodation business is a fabulous investment. Already generating good income to profit margins, this hands free and low input operation comes with a solid client base.
A sizeable building in a leafy area of Cheltenham, this detached 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.
Externally and to the rear is a large off-road parking area which has ample space for a number of vehicles, and there is opportunity here for further development subject to the relevant consents.
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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.
Internally, the property offers a room only service. The main building offers nine rooms and the separate building to the rear offers ten rooms. All are clean, tidy and modern bedrooms. All rooms come with LCD TVs, a mixture of singles, twin rooms/doubles and family rooms. Some rooms have their own showers. 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. Two bathrooms are shared between the nine rooms and four bathrooms between the ten rooms, and all are fully tiled with modern bathware 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 ample 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 which is close to the train station hub. Turning a good profit and with repeat business along with the development potential it offers, it's a worthwhile buy.
Trading InformationTrading information can be obtained via the selling agent.
TenureFreehold
Energy Performance Certificates
EPC 1Brochures
RoomsBooked Gloucester Road, 298 Gloucester Road, Cheltenham, GL51 7AG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cheltenham Spa Station0.1 miles
Notes
Disclaimer - Property reference 3440654-fh. 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 Christie & Co, Hotels. 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.
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