Charlton Kings Hotel Charlton Kings, Cheltenham GL52 6UU

Offers in excess of £1,000,000 - Freehold

 Beautifully presented with 12 stylish and well maintained letting rooms  Two room dining room with space for 36 covers  Small bar, conservatory and a pleasantly large garden.  Owner’s accommodation with en suite bedroom, large sitting room and balcony.  0.95 acres of land  Scope for development  On the edge of Regency spa town and the Cotswolds jllhotels.co.uk Charlton Kings Hotel

Overview

The Charlton Kings Hotel offers an already established and simply run hotel on the Oxford to Cheltenham road. It has benefitted from complete refurbishment during the current owner’s occupation and offers a steady work base to make increases in revenue and possible development of the almost one acre level plot.

PROPERTY The property comprises an original detached two storey building with cellar storage that fronts onto the London Road. A much later extension created additional space over three levels and conversion to a hotel. The accommodation comprises reception, bar with conservatory, two room dining room with space for 36 covers, commercial kitchen and 4 letting rooms on the ground floor. The first floor provides for a further 6 letting rooms with a further 2 letting rooms on the second floor. The owner’s accommodation is on the first floor and was originally three letting rooms and has just been refurbished to provide for 1 en suite bedroom, large lounge and rear balcony.

GROUNDS AND GARDENS The grounds, which are level, extend to 0.95 acres and are predominately laid to lawn with a driveway providing access to the customer car park. Whilst there are two protected trees on site and the position is at the edge of the settlement boundary, there may well be scope for development in this area.

SURROUNDING AREAS Cheltenham is one of the best preserved Regency towns in Britain and has a wealth of beautiful architecture. The hotel is located a short drive from the famous Cotswold villages as well as the town of Cheltenham itself.

Cheltenham is home to a number of festivals: including the Science Festival, the Music Festival, the Literature Festival, the Cricket Festival, the Screenwriting Festival, the Food and Drink Festival and the Jazz Festival.

At the Racecourse, the Cheltenham Gold Cup Meeting is held each spring and other meetings through the year. Nearby, Prescott Hill Climb provides exciting motor sport courtesy of the Bugatti Owners Club.

The hotel enjoys year round trade from this vibrant regency town.

LOCAL HISTORY Cheltenham Spa is a town and borough in Gloucestershire, The hotel was brought by our clients in 2008 and within their England, near Gloucester and Cirencester. The town is located on ownership it has undergone complete refurbishment. The internal the edge of the Cotswolds and has an image nationally of being areas are very well kept and have evidently seen considerable 'respectable' and wealthy. The local economy revolves around improvement. Over the period of their ownership the scale of the manufacturing, retail, tourism, financial services and the public food offer has been gradually reduced and this is now restricted to sector. It is situated 9 miles east of Gloucester, 33 miles north bar snacks for resident guests only. This presents new owners with west of Swindon and 99 miles west of London. Nearby major the opportunity to drive for much more food trade if required and to roads include the M5 and A40 with junction 11 of the M5 build on already impressive returns and the kitchen and restaurant approximately 3 miles to the west of the town centre. Rail services areas are more than able to accommodate this. from Cheltenham Spa-Swindon, Swindon to London Paddington The hotel enjoys positive reviews from Tripadvisor, booking.com take 2 hours 4 minutes. Bristol International Airport is located and the Rough Guide to the Cotswolds and enjoys year round about 43 miles to the south west and Cardiff International is trade from the extensive local business market, walkers, race approximately 69 miles to the west. Major facilities include the goers and tourists alike. Beechwood and Regent Arcade Shopping Centres, Gallagher and Tenure Kingsditch Retail Parks. Offered freehold to include goodwill and trade inventory for offers The hotel is the first town building on the main approach from over £1,000,000. Oxford to Cheltenham.

PLANNING VIEWING & FURTHER INFORMATION Property inspection and viewing strictly by appointment. A premises licence is held. No direct approach may be made to the business. The property is not listed on the heritage gateway site as a site of historic nature and it sits outside of the Charlton Kings For an appointment to view, please contact: conservation area. Michael Easton Please direct any planning enquiries to Cheltenham Borough Jones Lang LaSalle Keble House Council 01242 262626. Southernhay Gardens Exeter FIXTURES & FITTINGS EX1 1NT A full inventory of fixtures and fittings for the trading of the Hotel +44 (0) 1392 429381 [email protected] will be available to the purchaser. Adelle Moore SERVICES Jones Lang Lasalle We understand that the property benefits from mains water, Keble House drainage, gas and electricity. The building has gas central Southernhay Gardens Exeter heating. EX1 1NT +44 (0) 1392 429397 TRADE [email protected]

Profit and loss accounts supplied to us by our client for the year John Kinsey ended 31st March 2014 show sales of £278,958 excluding VAT, Jones Lang LaSalle Keble House with a trading profit before finance and depreciation of £113,721. Southernhay Gardens Please note the during that year our clients expenditure on repairs Exeter EX1 1NT and renewals equating to almost £20,000 for one recurring works + 44 (0) 1392 429309 to the building and services. Copy of the trading profit and loss will [email protected]

be made available to bona fide applicants following a formal EPC - C viewing.

GUIDE PRICE DIRECTIONS Offers in excess of £1m. From the centre of Cheltenham take the A40 towards Oxford and the hotel is located on the right hand side, the last property in Charlton Kings before the open countryside is met.

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