FOR SALE BUTLERS WESTERN ROAD, CHELTENHAM, GLOUCESTERSHIRE. GL50 3RN
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FOR SALE BUTLERS Offers in the region of WESTERN ROAD, CHELTENHAM, GLOUCESTERSHIRE. GL50 3RN £1,500,000 – Freehold
BUTLERS. WESTERN ROAD, CHELTENHAM, GLOUCESTERSHIRE. GL50 3RN SUMMARY • A well established and easily run hotel in a prosperous highly sought after town • Straightforward b&b business with nine letting rooms. • Owners’ superb and extended self-contained garden flat. • Net sales £113,551 but plenty of scope
BUTLERS. WESTERN ROAD, CHELTENHAM, GLOUCESTERSHIRE. GL50 3RN Built originally as a private residence in the 1830’s, Butlers attracted many major firms, and GCHQ is a huge and long creation of a simply stunning drawing room with folding is a handsome semi-detached house set in a wide tree-lined established employer. For the leisure visitor, attractions doors opening into the garden and the installation of a road just six or seven minute’s walk from The Promenade, include very successful music. Literature and cricket fabulous new kitchen. Other improvements included a new Cheltenham’s smartest shopping street. Nowadays it is an festivals, as well as the most important fixture in the central heating and pressurised hot water system for the elegant nine bedroom hotel and a very easily run business. National Hunt racing calendar, featuring the Gold Cup. whole hotel, improving facilities for guests, the exterior For the owners there is a quite exceptional recently Cheltenham has a wealth of famous schools including the redecorated and a private fenced garden created for the extended one bed flat and with the ninth bedroom adjacent Cheltenham Ladies’ College, Dean Close and Cheltenham guest room at lower ground floor. Above the drawing room this could be used as second bedroom by owners if College which is the annual venue for the Cheltenham an eye catching roof terrace accessed from new french required, indeed our clients reserve this room for the many Cricket Festival. Cheltenham is the centre of the Cotswolds doors from the breakfast room gives a delightful space for family and friends that come to visit them and enjoy the and is a wonderful base to explore the picturesque villages, guests to use. Sadly an illness last year made it difficult to delights of this wonderful town in which to live. towns and the beautiful surrounding countryside. accept the trade that would have been available had one of our clients been in full health and now recovered a decision There can be few locations to equal Cheltenham for this The owners bought Butlers through us in the summer of has been taken to travel the world, hence this wonderful style of hotel. It is a vibrant town where property values 2016. Wanting to enhance the already good sized home and business being offered to the market. have soared in recent years. Good access to the M5, accommodation for themselves they embarked on a combined with the charms of its Regency architecture, has significant extension and internal alternations. This saw the
BUTLERS. WESTERN ROAD, CHELTENHAM, GLOUCESTERSHIRE. GL50 3RN LETTING BEDROOMS 9 letting bedrooms to sleep 17, (6 double/twin, 1 single, 2 family). All have en suite facilities, 5 bathrooms and 3 shower rooms. Five of the rooms are on the first floor, three on the second floor and the ninth room is adjacent to the owners flat on the garden level and has a private fenced garden. All are equipped with direct dial telephone, colour television, tea and coffee making facilities, mini bar, trouser press, hairdryer, irons and ironing boards.
BUTLERS. WESTERN ROAD, CHELTENHAM, GLOUCESTERSHIRE. GL50 3RN THE PROPERTY The semi-detached property, which dates back to 1838, is built principally of brick. Rendered and painted externally, under slate roofs. Accommodation is set out on garden, ground, first and second floors. PUBLIC AREAS A flight of steps leads up to the main door, which opens into Reception Hall with staircase to upper floors and Reception Area/Office to one side. Residents’ Drawing Room, a light, high ceilinged elegant room with a handsome original fireplace with marble surround and two large sash windows with original shutters. Doorway to the Breakfast Room, seating up to 20, another light, high ceilinged room with french doors opening onto the roof terrace which overlooks the garden at the rear. SERVICE AREAS. Kitchen. Store Room. Utility etc. OUTSIDE There is a car park at the front of the hotel with room for up to 6 cars and on-street parking in Western Road. At the back of the hotel there is a good size part-walled town garden, largely laid to lawn surrounded by well-stocked borders and some mature trees. The garden, which is beautifully maintained, is reserved by the owners for their own use and is a real bonus for a hotel so close to the town centre.
BUTLERS. WESTERN ROAD, CHELTENHAM, GLOUCESTERSHIRE. GL50 3RN OWNERS FLAT The owners have the benefit of a quite exceptional garden floor flat which they have much extended as described above. It consists briefly of a fabulous living room, kitchen dining room, double bedroom with en suite bathroom and dressing room.
BUTLERS. WESTERN ROAD, CHELTENHAM, GLOUCESTERSHIRE. GL50 3RN LOCAL AUTHORITY AND SERVICES Cheltenham borough council at Cheltenham Mains gas, electricity, water, drainage. Cooking by gas and electricity. Gas fired boiled supply heating and hot water. WEBSITE http://www.butlers-hotel.co.uk/ TRADE Trading information will be made available to seriously interested parties, usually at the point of arranging a viewing. However, net sales in the year ended March 2019 were £113,551 but with one letting room unused and illness restricting growth. PRICE £1,500,000 for the freehold property complete with goodwill and trade contents, but excluding personal items. Stock at valuation. FINANCE Colliers International is able to assist prospective purchasers by introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the lender of broker involved MILEAGES M5 (Junction 11) 4 miles, Gloucester 7, Stroud 13, Cirencester 16, Stratford-upon-Avon 28, Bristol 38, Birmingham 50, London 98. TO VIEW All appointments to view MUST be made through the vendors’ agents who are acting with sole selling rights.
BUTLERS. WESTERN ROAD, CHELTENHAM, GLOUCESTERSHIRE. GL50 3RN FURTHER INFORMATION For further information or to arrange an inspection of the property, please contact: Peter Brunt LLB DipLE MRICS Tel: 0117 917 2000 Mob: 07885 096857 Email: peter.brunt@colliers.com Disclaimer Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person employed or engaged by Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. (Insert date) Colliers International is the licensed trading name of Colliers International Business Space UK LLP which is a limited liability partnership registered in England and Wales with registered number OC385143. Our registered office is at 50 George Street, London W1U 7GA. www.colliers.com/uk/hotels
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