Large Iconic Building, Clarence Parade, GL50

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Key Points

Summary

Suitable for a variety of uses - bar/restaurant, showroom, retail or alternative uses (subject to planning) available to let/for sale

Description

The premises is a Grade II listed character property of stone construction beneath a slate covered roof. The property which is also located within the Cheltenham Central Conservation Area, was a former Baptist church which is believed to have been built in 1843. The property is laid out to provide accommodation on ground and first floor levels.

Location

Cheltenham is a spa town within Gloucestershire approximately 10 miles (16 kilometres) north east of Gloucester and 24 miles (38 kilometres) south of Worcester. The bar/restaurant premises is situated in the town centre at the intersection between Clarence Street and High Street in a mixed residential and commercial area. Nearby units include Wetherspoon, Wagamama, Bella Italia, and Franco Manca, adding to the vibrant dining and social scene. The adjacent John Lewis store is currently undergoing large-scale redevelopment. Cheltenham Spa Station is located approximately 1.2 miles (26 minute walk) south west, offering Great Western Railway services.

Availability_text

The accommodation comprises the following areas:

Ground Floor – Large open plan bar area which is fitted to a high standard. Ancillary accommodation at this level includes a catering kitchen, accessible WC and storage accommodation.

First Floor – The first floor provides additional trading accommodation with a further trading area with its own bar along with customer WC’s and ancillary accommodation.

Floor Areas:
We have not physically measured the property but information provided to the current owners at the time of acquisition suggest that it has the following approximate gross internal floor areas:

Floor Areas

Interested parties are strongly urged to undertake their own measured survey of the property prior to entering into a new lease or purchase of the property.

Tenure

Freehold (Title Number GR207694).

Premises Licence

The property has the benefit of a Premises Licence which permits the sale of alcohol at the following times;
Monday-Sunday - 9am-3am

Rateable Value

2023 - £155,000

Fixtures and Fittings

Fixtures and fittings are outside of our clients ownership so a separate negotiation with the current occupier will be required should you require any of the current furnishings or equipment.

EPC

E-105.

VAT

The property is elected for VAT.

Planning

The building is Grade II Listed and is situated within the Cheltenham Central conservation area.

Terms

The property is held freehold and is available on a new lease at terms to be agreed. Alternatively freehold offers will also be considered.

Viewings

All formal viewings must be strictly be made by prior appointment via the sole agents Savills. Under no circumstances should any direct approach be made to any of the current occupiers members of staff.

Money Laundering

Prospective purchasers will need to provide proof of identity and residence as part of Savills mandatory anti money laundering checks.

Further Information

Please contact:
Paul Breen
07767 873353
pbreen@savills.com

Chris O'Mahony
07870 555988
comahony@savills.com