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Old Restoration

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The Old Restoration, 55-57 High Street, Cheltenham, Glos

Location

The town of Cheltenham Spa is situated on the edge of the Cotswolds in an area of outstanding natural beauty. It is famous for its beautiful Georgian architecture, historic schools and famous racecourse. The whole area is well populated with many local people who use the business all through the year and, of course, there is also a strong tourist trade to this area all through the year as well.

 

The Business Premises

The premises are extremely well presented and have been refurbished throughout in the past 12 months comprise the following:

Snug Bar
Snug Bar for 10 with separate games area which seats 12.

Refurbished Ladies & Gents toilets

Private Quarters
On the first floor there is a self-contained home including three bedrooms, kitchen, lounge, bathroom

The Business
In the last financial year turnover, net of VAT, was circa £400,000. We are sure that new owners could increase this current level of trade. Further trading information can be provided upon request to owners agents.

Tenure
The property will be subject to a 5 year short term tenancy agreement with a full tie for all drinks to be purchased from Butcombe Brewery Ltd.

 

£30,000 Is thought to be the minimum amount of cash needed in order to enter this excellent property.

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Have you booked your Christmas Party yet?
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It’s not too late to book your Christmas Party with Butcombe.

Check out our Christmas map and see where you could be hosting this year’s Christmas Party.

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