HOTEL IN THE BEAUTIFUL SPA TOWN OF CHELTENHAM

Outstanding opportunity to acquire very well established & multi-accredited freehold Grade II Listed period property * Wealth of attractive features * 10 luxury en-suite guest rooms * Sought-after town centre trading position * Extremely well fitted dining and bar facilities * T/o £160,000pa * Lots of further potential for ‘hands on’ operator * Outstanding acquisition for expanding high-end hospitality solutions provider * Sensibly priced for genuine Limited Company sale * Extensive inventory of quality fixtures and fittings included * Viewing absolutely essential REF MOB1036.

The subject property occupies a stunning and much sought-after trading position overlooking the renowned “Promenade” and the beautiful “Royal Well” visitor attraction of the prosperous and historic year-round tourist town of Royal Cheltenham Spa with its famous racecourse, which lies with excellent access to major road, rail and motorway links in the delightful and ever-popular Gloucestershire Cotswolds.

The Hotel itself is situated within easy walking distance of the racecourse, The Everyman Theatre, numerous exclusive retail outlets, stylish restaurants, bars and tourist attractions, and within a short drive of surrounding Areas of Outstanding Natural beauty, making it the ideal base for commercial visitors and tourists alike.

Fairmont Corporate are delighted to present this marvellous opportunity to acquire the valuable freehold rights to a commercial proposition of uncommon quality and outstanding future possibilities, which we are confident you will agree represents genuine value.

This very well established and highly regarded “Visit England” four-star “Gold” award winning and “Quality in Tourism”, “Expedia”, “Laterooms” and “Booking.Com” highly rated, boutique-style guest house currently primarily offers “TripAdvisor Certificate of Excellence” bed and breakfast accommodation its ten standard and deluxe guest rooms, all of which feature fully fitted private en-suite facilities.

“81 The Prom” also boasts extremely well fitted communal and ancillary facilities including a smart and fully licensed residents’ cocktail bar and a charming residents’ dining room for the provision of hearty traditional full English and continental breakfasts prepared freshly to order in its fully equipped kitchen facilities employing the finest and freshest produce.

This family-run business offers its services to a long standing and still expanding repeat and referral national and international guest base throughout the year, with a considerable volume of patronage generated by its fantastic town centre trading position, and would naturally furnish any enthusiastic purchaser with ample scope for continued growth, not least with regard to considerable further development of its in-house catering services.

The business would also benefit by adopting a more vigorous marketing policy of its excellent existing facilities and services, particularly with reference to further development of its web and social media presence, in order to improve upon the already high levels of turnover it has achieved since being established in 2013 by the two current “hands on” family directors following a major programme of refurbishment.

Alternatively, this versatile proposition would most certainly appeal to some major local or regional operator looking to very significantly increase its existing share of the high-end hospitality solutions services market by the acquisition of a substantial and superbly located additional freehold establishment with a valuable name in the industry and an already impressive guest base, and we would unreservedly recommend a viewing.

This substantial and well maintained, Grade II Listed freehold property dates back to the Regency period and has been sympathetically converted and modernised at great expense over recent years whilst retaining a wealth of attractive original features, including classic fireplaces, high ceilings and sash windows.

Fitted to high, multi-accredited industry specifications throughout, the property offers an excellent standard of attractively appointed and presented internal accommodation with Wi-Fi internet access, which briefly comprises a broad and impressive flight of stone steps directly off “The Promenade” up to an inviting public vestibule entrance with internal doorway access into a grand and welcoming guest reception hallway with solid timber flooring, chandelier-style light fitting and feature open “dog leg” staircase to the upper floors. (It should be noted that access to the upper floors is by staircase only, with no lift access currently available).

The reception hallway, in, turn, affords easy access through to extremely well fitted business accommodation consisting of a smart and fully licensed residents’ in-house cocktail bar housing a fully fitted free-of-tie licensed servery, together with a versatile and attractively furnished residents’ dining room served by a fully fitted and equipped working kitchen for the provision of traditional full English and continental breakfasts.

Further ancillary accommodation to this lower level consists of all the usual washroom/WC facilities for customers.

Accessed by means of a feature open staircase from the guest reception hallway, to the upper floors the property offers a total of 10 clean, comfortable and very attractively furnished, front and rear aspect bed and breakfast guest rooms.

The guest rooms briefly comprise a small double room; a standard double room; a classic double room; a deluxe double room; a deluxe double room (with balcony); a double/twin room; a superior “queen” room; a family room; a superior family room and a two-room family suite, with most rooms including comfortable lounge seating areas.

All the guest rooms additionally feature fully fitted private en-suite facilities, together with free Wi-Fi internet access, flat-screen HD TV with Freeview, hairdryer, luxury toiletries and the usual complimentary hospitality facilities.

It should be noted that the property also offers three valuable and secure off-road parking spaces to the rear, with additional permit parking spaces available by arrangement for residents in a car park situated some 200 metres from the hotel.

TThe property is fitted to high industry specifications throughout and full and valuable inventory of quality fixtures and fittings is to be included in the sale price, further details of which will be made available upon request to any genuine interested parties.