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UNDER OFFER

Cafe Rouge, 33-41 The Promenade, Cheltenham, Gloucestershire, GL50 1NW

POA

Savills, Margaret Street - Licensed Leisure
SIZE AVAILABLE
983-5,867 sq. ft.
(91-545 sq. m.)
SECTOR
Restaurant to lease

Lease details

Lease type:
Long term

Key features

  • High footfall location fronting the Promenade in the centre of Cheltenham
  • Opposite House of Fraser and Regents Arcade Shopping Centre
  • New lease available
  • Fully fitted restaurant
  • Grade II Listed building
  • Extensive external areas
  • GIA: 545 Sq M (5,867 Sq Ft) over ground and two upper floors

Property description

Tenure: Leasehold

Description
Savills is delighted to bring to the market a flagship restaurant opportunity in central Cheltenham extending to 5,867 sq ft over ground, first and second floors.

The property comprises a three storey mid terrace building of stone elevations beneath a flat roof. Prior to closure, the restaurant benefited from a pavement licence fronting the Promenade for 22 tables and 54 customers.

Viewings
The unit is currently closed so all viewings must be arranged by prior appointment via the sole agents Savills.

Location
The premises, which most recently operated under the Cafe Rouge brand, is located in Cheltenham, an affluent spa town on the edge of the Cotswolds in Gloucestershire. Cheltenham has a population of 115,300 and benefited from 1.9 million day visitors, 1.1 million nights spent in the town and spending of over £162 million in 2018.

The property fronts onto The Promenade, an attractive pedestrianized thoroughfare opposite the entrance to House of Fraser in the heart of Cheltenham. The nearby 215,000 sq ft Regent Arcade Shopping Centre offers over 60 stores including Ernest Jones, Pandora, Timpson, The Body Shop and Holland & Barrett. Nearby restaurants include Bill’s, Wagamama, Pret a Manger and Thorntons.

Cheltenham Spa train station is located 1.4 miles to the west and offers regular national rail services to London Paddington in 2 hours, Nottingham in 2 hours 4 minutes and Taunton in 1 hour 25 minutes.

Accommodation
Ground Floor
At ground floor level the premises were previously laid out to provide an open trading area with bar servery to the middle and seating on loose tables, chairs and booth seating for 98 customers. Disabled toilet and ancillary storage area are provided to the rear.

First
The first floor is accessed from an internal staircase at the front of the ground floor and comprises an additional trade area with central bar servery and seating on loose tables, chairs and booth seating for 86 customers.

Externally, there is a terrace overlooking the Promenade with seating on loose tables and chairs for a further 34 customers. Ancillary accommodation to the rear comprises ladies and gentlemen’s toilets, a number of storage rooms and a full trade kitchen with dumb waiter to ground floor.

Second
The second floor is accessed from the rear of the first floor and comprises staff changing facilities and further storage space.

Planning
The property is Grade II Listed and located within Cheltenham Central Conservation Area.

Premises Licence
The property has the benefit of a Premises Licence in accordance with the Licensing Act 2003. We understand that the premises are permitted to sell alcohol at the following times:

• Monday to Saturday 09:00 – 00:00
• Sunday 09:00 – 23:30

Fixtures & Fittings
The restaurant is fully fitted and the fixtures and fittings can be included with any new letting of the property.

Tenure
Rental offers are invited for a new lease of the entire property on terms to be negotiated. The service charge is to be confirmed.

Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all Purchasers (including Tenants). Prospective tenants will need to provide proof of identity and residence.

Rating
2017 - £119,000

Brochures

Cafe Rouge, 33-41 The Promenade, Cheltenham, Gloucestershire, GL50 1NW

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cheltenham Spa Station1.0 miles

About Savills, Margaret Street - Licensed Leisure

33 Margaret Street, London, W1G 0JD

More properties from Savills, Margaret Street - Licensed Leisure

Notes

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Disclaimer - Property reference 50854-2. 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 Savills, Margaret Street - Licensed Leisure. 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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