BUSY CHELTENHAM ‘LOCALS’ PUBLIC HOUSE

  • Price: £11,250
Cheltenham, Gloucestershire, England
Seller Ref:545
For Sale

BUSY CHELTENHAM ‘LOCALS’ PUBLIC HOUSE

Cheltenham, Gloucestershire, England
Seller Ref:545
  • Price: £11,250

Overview

Seller Ref: 545

Description

• Busy Cheltenham ‘locals’ public house
• Large bar for 60 and games area
• Separate function room for 60
• Refurbished beer garden with children’s play area
• Four-bedroom private accommodation
• Surrounded by densely populated district

Other Terms:
The Umbrella is available on the basis of a brand new agreement with the Stonegate Group. There will be a wet tie to the Stonegate Group incorporated within this agreement. Rent in Year 1 is quoted at £15,000. Headline rent after Year 1 is likely to be circa £25,000.
Location Details:
The Umbrella is situated in a densely populated area close to the centre of Cheltenham. The pub is in easy reach of the nearby Gloucestershire college, Kings Ditch Trading and Retail Estates, all providing extra potential business. The pub enjoys a regular loyal trade from the local customer base. Cheltenham Spa is a popular tourist destination famous for its architecture, great shopping and the famous racecourse.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

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