NEW RESTAURANT/ BAR OPPORTUNITIES IN THE HEART OF CHELTENHAM
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- Gilbert Winfred Clark
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1 NEW RESTAURANT/ BAR OPPORTUNITIES IN THE HEART OF Unit 1 let to Unit 2 approx 4,413 sq ft / 410 sq m Unit 3 approx 2,874 sq ft/ 267 sq m Located in fully refurbished building Adjacent to Boston Tea Party, The Stable and others GL50 3JR
2 PERFECT PITCH Cheltenham House is undergoing a full refurbishment including new ground floor restaurant/bar accommodation to be let in a shell specification ready for occupier fit out with scope to combine the units. Unit 2 will feature extensive glazing to the rear and glazing for Unit 3 can be incorporated. ACCOMMODATION We are advised the units will provide the following approximate net internal floor areas: Unit 1...Let to Unit 2... approx 4,413 sq ft / 410 sq m Unit 3... approx 2,874 sq ft/ 267 sq m Units can be combined Total... 7,287 sq ft/ 677 sq m LOCATION Cheltenham is the cultural centre for the Cotswolds, in addition to a catchment of 315,000 within a twenty minute drive and over 10,000 students living in the town, International Festivals of Science, Jazz, Music and Literature attract around a quarter of a million people annually. The Cheltenham Gold Cup, for which the town is renowned, attracted a record 248,521 race goers in 2015, bringing a 100m boost to the town s economy. The town has benefited from the recent completion of the 30m, mixed use Brewery Quarter which is just 100 yards from Cheltenham House. The scheme brings an additional 300,000 sq ft of leisure, retail and F&B to the town centre and is attracting 3.2 million visitors a year. A new 120,000 sq ft John Lewis department store is under construction and due to open in Cheltenham House is in a fast developing trading pitch adjacent to Boston Tea Party and opposite The Stable, Unit 1 is let to Wagamama. Footpaths through the churchyard to the rear, link The Promenade to The Brewery Quarter.
3 The Wilson Gallery and Museum McDonalds Boston Tea Party The Brewery Quarter F&B Brewhouse & Kitchen, Chiquito, Cosy Club, Frankie & Benny s, Harvester, Nando s, Prezzo, Soho Coffee, The Real China The Stable Wagamama Wetherspoons Patisserie Valerie Revolution Yo Sushi Yates Wine Lodge Bella Italia Costa Café Rouge
4 CAFÉ CULTURE The South West s No.1 retail town 500m annual comparison spend in-store (Source - Retail Week, 2012) Affluent Acorn Groups Mature Money (17%) Executive Wealth (20%) No 1 place in the UK to raise a family (Source - The Telegraph, September 2014) Ranked in the top 1% of retail footprint centres in the UK (Source - CACI) 4th best place to live in the UK (Source - The Sunday Times, March 2017)
5 The Brewery Quarter Cheltenham House High Street House of Fraser Regent Arcade High Street New John Lewis site The Promenade
6 Unit 2 Unit 3 2,874 sq ft 267 sq m Unit 2 4,413 sq ft 410 sq m Office Reception Unit 1 Proposed plan, not to scale
7 NEW F&B OPPORTUNITIES IN THE CENTRE OF Excellent access to the national motorway network is provided by junctions 10 & 11 of the M5 motorway via the A4019 and A40 respectively. The town also has regular direct train services to London, Bristol and Birmingham from Cheltenham Spa railway station. SPA RAILWAY STATION 1 MILE GLOUCESTER 8 MILES OXFORD 40 MILES BRISTOL 42 MILES BIRMINGHAM 45 MILES CARDIFF 65 MILES LONDON 95 MILES A44 A M32 BRISTOL A458 8 M50 9 Tewkesbury a Gloucester Bath Wolverhampton Worcester M5 A BIRMINGHAM M5 M42 4a 3a Bromsgrove M40 M4 A435 Chippenham A350 Evesham A44 Cirencester A419 A45 A46 Stratfordupon-Avon A40 Swindon 15 M6 A429 Banbury GL50 3JR OXFORD IMPORTANT NOTICE. Nick Bevan Consulting Limited t/a Bevans Chartered Surveyors for themselves and any of their agents give notice that; a) these particulars are prepared for the convenience of an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error, omission or misdescription shall not annul a sale or lease or be grounds on which compensation may be claimed neither do they constitute part of a contract. All measures are approximate. b) any intending purchaser or tenant must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. Nothing in this information shall be deemed a statement that a property is in good condition or otherwise nor that any services or facilities are in good working order. c) all transactions are subject to contract. d) all text, photographs and plans are for guidance only and must not be relied upon as statements of fact. TERMS To let on a new leases on effectively full repairing and insuring terms. Quoting rental on application. VAT We understand that vat will be payable on the rent and other outgoings. ENERGY PERFORMANCE CERTIFICATE To be assessed. For further information please contact: bevanscharteredsurveyors.co.uk Richard Crabb richard@bevanscs.co.uk Project and Asset Managed by Buckrow Asset Management BUCKROW ASSET MANAGEMENT tel: +44 (0) I terry@buckrow.com Designed by Now Media E&OE
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