RoomsBooked Gloucester Place, 2 Gloucester Place, Cheltenham, GL52 2RJ
- SIZE
Ask agent
- SECTOR
Hotel for sale
Key features
- 12 lettings rooms
- Town centre location
- Good investment return
- Attractive building
- Low input business
- Adj profits of circa £100K
- Christie & Co Ref: 3440653
Description
Situated within a fantastic town centre location, this 12-bedroom room only accommodation business is a fabulous investment. Already generating good income to profit margins, this hands free and low input operation comes with a solid client base.
An elegant Grade II Listed, Georgian, mid-terraced property, it is well located to access many of the town's famous attractions, from the racecourse to high street shopping, the Jazz Festival and renowned restaurants. Benefitting from large sash windows, Juliet balconies, and high ceilings, it provides a feeling of space and grandeur.
what3words: ///refers.empire.soon
Located within easy reach of major communication links like the M5 which gives access to Bristol and the South West along with Birmingham to the North. Just over a mile away is Gloucestershire Airport, and further afield are the airports of Bristol and Birmingham International. Situated in the heart of Cheltenham, it provides easy access into the city centre for culture, shopping, restaurants, bars, the Jazz Festival, and also Cheltenham Racecourse.
Internally, the property offers a room only service providing 12 clean, tidy and modern bedrooms. Each room has a full-size fridge, microwave and a flat screen TV. Wi-Fi is available throughout the entire property. The three bathrooms are shared between the twelve rooms, however, all are fully tiled with modern bathware and showers.
Fixtures & FittingsTrade fixtures & fittings are included within the freehold sale, those items personal to the owner may be excluded. Contact the selling agent for clarity.
The OpportunityThis is a fantastic opportunity to acquire a low-maintenance accommodation business within the heart of this Cotswolds town. Turning a good profit and with repeat business, it's a worthwhile buy.
Trading InformationTrading information can be obtained via the selling agent.
TenureFreehold
Energy Performance Certificates
EPC 1Brochures
RoomsBooked Gloucester Place, 2 Gloucester Place, Cheltenham, GL52 2RJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cheltenham Spa Station1.3 miles
Notes
Disclaimer - Property reference 3440653-fh. 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, Hotels. 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.
Map data ©OpenStreetMap contributors.