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House For Sale £1,950,000
Royal Parade, Cheltenham, Gloucestershire GL50


Description
The property is currently run as a small limited service hotel and is beautifully maintained and presented with many fine period features and a large walled town garden. This highly desirable residential location provides the perfect opportunity for the property to be converted to a wonderful single dwelling subject to the necessary consents.

Number 19 is situated towards the northern end of the terrace and has well presented accommodation arranged over four principal floors. The main rooms are enhanced by stunning features synonymous with the era, including ornate ceiling mouldings and fine fireplaces.

Accommodation

Ground Floor
Reception Hall, double drawing room with floor to ceiling sash windows. Bedroom suite with shower room, sitting area and roof terrace.

Lower Ground floor
Managers flat with sitting room bathroom and bedroom. Breakfast room/reception room opening to orangery with doors to garden. Commercial kitchen, laundry room and store.

First floor
Four bedroom suites including one at mezzanine level.

Second floor
Three further bedroom suites.

Outside to the rear there is a pretty walled town garden and a further detached building housing two further bedroom suites. This building could be converted to garaging subject to consent.

Business
The Bradley currently trades as a luxury 5* boutique limited service hotel, generating excellent profitability from high average room rates possible as a result of the combination of an excellent location and facilities. A sale of the business on a transfer of a going concern basis would include the contents. Further details of the business available on request.

Development opportunities
Planning consent has already been secured to create an additional en suite letting bedroom at the rear of the building in the garden and our clients have drawn up plans that show how the rear section of the drawing room can be altered to become another en suite bedroom. Carrying out these changes would take the en suite bedrooms to 12 and has the potential to significantly increase both revenue and profits.

Royal Parade is set back from Bayshill Road in the heart of Montpellier in Cheltenham. The house is perfectly positioned for the world famous public schools of the town, with Cheltenham Ladies College located within a few hundred meters (on the same road) and Chetenham College also within walking distance.

Montpellier is also home to a huge choice of restaurants, bars, hotels and boutique shops. Montpellier and Imperial gardens play host to the various festivals throughout the year which include the Jazz, Music, Literature and Science Festivals.

Communication links are excellent with the M5 motorway link at J11 providing access both North and South, the A40 to Oxford and London and the A419 to the M4. There are regular direct trains to London Paddington from Cheltenham Spa Railway Station, which is approximately 1 mile away. The international airports of Birmingham and Bristol are within one hour's drive

Follow the link for more information:
        
zoopla.co.uk

  
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