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The Ox (formerly Vanilla), 10, Cambray Place, Cheltenham, GL50 1JS

£30,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

Ask agent

SECTOR

Restaurant for sale

Key features

  • New lease in Georgian building
  • Dining area c.100 covers
  • South facing terrace c. 50 covers
  • Courtyard dining area c. 15 covers
  • Long established restaurant venue
  • Commercial kitchen. EPC C
  • Christie & Co Ref: 3460475

Description

Description

The restaurant and bar occupy the lower ground floor of a striking period building. and the restaurant features comfortable banquette seating and maple wood flooring.

Drinks and cocktails are prepared and served from the bar counter and the commercial catering kitchen is to the rear.

Externally, at street level to the front of the building, is a south facing terrace with metal railings and large mechanically operated parasols.

Accessed through bifold doors at the rear of the restaurant is an enclosed courtyard dining area.

Location

Situated on the edge of the Cotswolds and conveniently located just off the M5, Cheltenham is a vibrant spa town in Gloucestershire.

Celebrated for its stunning Regency architecture, Cheltenham is also widely recognised as a hub for cyber and digital innovation, with a growing ecosystem of firms specialising in this sector basing themselves in the town.

Cheltenham has a thriving retail and tourism sector: the blend of high-street brands and independent boutiques make it a key regional shopping destination, whilst its status as the most complete regency town in England attracts visitors from across the world.

Long associated with dining excellence, the town has a diverse array of bars and restaurants and hosts a variety of internationally acclaimed annual events such as the Cheltenham Jazz Festival, the Cheltenham Gold Cup, the National Hunt Festival, and the Cheltenham Cricket Festival.

Cambray Place is a prominent street in the town, set between the High Street and Sandford Park, and just a short walk from Montpellier and The Promenade. Its location and character has made it an attractive location for hospitality venues, offices, luxury residences and boutique retail units and wellness providers.

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Internal Details

- Bar counter
- Dining area for up to c.100 covers
- Commercial kitchen
- Storage

Fixtures & Fittings

The landlords fixtures and fittings are included in the sale and will be free from loan, lease and hire purchase agreements.

External Details

- South facing terrace at street level with large parasols c. 45 covers
- Courtyard to the rear of the restaurant with c. 15 covers

The Opportunity

Formerly known as Vanilla and most recently operating as The Ox Steak & Cocktail Restaurant, this well-established venue has enjoyed over 30 years of success in the heart of Cheltenham.

As the last tenant's lease has now expired, the landlord is looking for and experienced operator to take over this very well positioned venue with the rare commodity of a large outdoor dining terrace.

Trading Hours

The property is currently closed

Tenure

- Brand new commercial lease
- Lease length and terms negotiable

Business Rates

Rateable Value effective from 1st April 2023 £23,500

Interested parties can obtain the latest rating information about this property by visiting

Regulatory

- Premises licence

Brochures

The Ox (formerly Vanilla), 10, Cambray Place, Cheltenham, GL50 1JS

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cheltenham Spa Station1.1 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 3460475-lh. 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, Pubs & Restaurants. 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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