Well Located Licensed Cafe Diner in Cheltenham

This is an excellent opportunity to acquire a very well presented and equipped licensed café/restaurant operating successfully from trading daytime hours’ only but also providing growth potential in the hands of a full-time working proprietor. The business is offered for sale due to the ill-health of the vendor who is only involved in a supervisory role, assisted by a team of front-of-house and kitchen staff.

Food is served throughout the day, 7 days a week, with the menu including breakfasts, sandwiches, baguettes, pannini, salads, pasta, burgers, steaks, jacket potatoes, daily specials, desserts, cakes and hot and cold beverages.

The business occupies a very busy trading location adjacent to the prime High Street in the centre of Cheltenham, with multiple and independent retailers situated close by including John Lewis, Next, and Marks & Spencer.

The spa town of Cheltenham is widely regarded as the ‘Capital of the Cotswolds’. This affluent town has a population of 115,700 (2011 census) and is famous for its Regency architecture. According to the AA Illustrated Guide to Britain it is said to be ‘the most complete Regency town in England’

Cheltenham is the home of the famous racing festival held every March which is considered to be the flagship of the British steeplechase season, culminating in the world renowned Cheltenham Gold Cup attracting 250,000 spectators every year. Indeed, hardly a month goes by when there is not a festival of some description taking place in the town. The arts festival brings artists of international repute to the town, the annual literary festival is also extremely popular and the cricket festival held in the beautiful setting of Cheltenham College, is the oldest in the country. The influx of visitors to the town has a very positive impact on the local economy including the retail outlets, take-away businesses, bars, restaurants and pubs.

The mid-parade 2 storey premises were extensively refurbished and fitted to a very good standard in 2016. Totalling approximately 1,750 ft.², the ground floor provides a 42 cover dining area with bi-folding doors to the pavement (a licence is held for the seating of 10 covers alfresco), kitchen, and disabled access toilet. On the first floor there is a further 32 cover dining area and bar which is ideal as a function/party room, plus customer toilets, staff room, office, stock room and cold and freezer rooms. The premises are leasehold at a passing rent of £31,500 per annum.

An internal inspection is recommended, and at the request of our client, all viewings must be strictly by prior appointment only through Business Partnership. Ref: AC8897SJG
Operating as a licensed café generating excellent sales and profits to a hands-on working proprietor
Busy trading location adjacent to prime high street
Fully fitted and equipped and well presented catering premises
Mid-parade 2 storey property of approximately 1,750 ft. ² 
42 cover ground floor diner with first floor 32 cover overspill diner/function room with bar
Leasehold at £31,500 per annum rental
Internal inspection strongly recommended, strictly by prior appointment only through Business Partnership