- 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.
Location
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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.
Internal Details
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 & Fittings
Trade fixtures & fittings are included within the freehold sale, those items personal to the owner may be excluded. Contact the selling agent for clarity.
The Opportunity
This 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 Information
Trading information can be obtained via the selling agent.
Tenure
Freehold