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Bespoke fully fitted out 40 cover restaurant in Cheltenham

Cheltenham, Gloucestershire

Advert ref: 1036SJG

A hugely impressive restaurant situated on the ground floor of a regency style building based in the heart of Montpellier, Cheltenham’s most sought-after address.

Sitting opposite the world-renowned Cheltenham Ladies College and a 5-minute walk from the main city centre and Montpellier, this has to be one of the most exciting restaurant locations to come to the market outside of London.

Key features:

  • Restaurant situated on the ground floor, fully fitted out to a very high specification.
  • Fully fitted Electrolux “all electric” kitchen, walk in cold store and chef’s table.
  • 40 covers.
  • Prime location on road that connects the busy shopping districts of Montpellier and The Promenade.
  • High visibility site opposite Cheltenham’s Ladies College.
  • Nil Premium.

Property Details: Leasehold
Asking Price: Price on Application
Location:

Situated 5 minute walk from Cheltenham's prestigious Promenade and Montpellier.

Premises Details:

Ground floor establishment highly fitted on in both the restaurant and kitchens servicing up to 40 covers plus a 8 cover chef’s table.

Size in Sq Ft: 1417
Lease Terms:
The premises is offered a yearly renewing 12 month operating agreement.

Highly competitive rent offered.

Fully Renewable new operating agreement drafted for new operator.

A new operating agreement will be available to the purchaser simultaneous with legal completion of the business transfer – further details on application.

The landlord will require a £2500 deposit at the point of completion to be held for the duration of the operator’s occupancy. Purchasers should take this into consideration when preparing financial forecasts and budgets.

Reason For Selling:
Current operator is moving back into full employment.

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Bespoke fully fitted out 40 cover restaurant in Cheltenham Cheltenham, Gloucestershire
Bespoke fully fitted out 40 cover restaurant in Cheltenham Cheltenham, Gloucestershire Click image to expand (1 image)

Financial Details

  • Leasehold: Price on application
  • Turnover: undisclosed
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