Property photos
£21,500 pa
(£17.44/sq. ft. pa)
Restaurant to let
8 Suffolk Parade, Cheltenham GL501,233 sq. ft
Local area information
Property location
Nearby amenities
- Cheltenham College 0.2 miles
- Cheltenham Ladies' College 0.3 miles
- Cheltenham Spa 0.9 miles
- Gloucester 7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Cheltenham to find out more about the local area.
Features and description
- Excellent Trading Location
- Fully Equipped
- Potential for Business Expansion
Suffolk Parade has become a sought after and busy trading location for a variety of hospitality and retail businesses including the long established Retreat and Zizzi Pizzeria.
8 Suffolk Parade (Suffolk Rock Kitchen) has traded for in excess of 6 years and established itself as a popular destination for Sunday lunches and evening meals Wednesday to Saturday (inclusive). Features include:
55 Covers.
Fitted Kitchen with two Electric and one Gas Oven.
Six Ring Gas Hob.
Gas Central Heating
Good Back of House Facilities .
Turnover for the past 2 years has been circa £380,000-£400,000 on limited trading hours of Wednesday to Saturday evenings and Sunday lunchtime only.
Fully Licensed
A full inventory is available on request .
There is rear access for loading and bin storage from Suffolk Retreat.
The restaurant has an overall width of 4.55 m and a depth of 18.59 m and a net floor area of 67.32 sq m (725 sq ft).
Kitchen, Storage and Cellarage Facilities provide a further 47.26 sq m (508 sq ft)
The premises are let on a lease for a term of years expiring on 21st August 2029.
The current rent payable is £21,500 per annum subject to review in 21st August 2025 and 2028. See note 1 below.
Subject to Contract
Offers are invited based on £140,000 for the leasehold interest together with the goodwill of the business and fixtures & fittings.
Stock
At valuation.
Figures quoted in these particulars are exclusive of VAT which may be payable in addition.
Note
1. The landlord has indicated a willingness to grant a reversionary lease for 5 or 10 years with effect from August 2029 should purchasers so require. Further details available from the agents.
2. It is considered that there is significant scope for expansion of this business due to the current owner operating on a limited opening hours basis.
8 Suffolk Parade (Suffolk Rock Kitchen) has traded for in excess of 6 years and established itself as a popular destination for Sunday lunches and evening meals Wednesday to Saturday (inclusive). Features include:
55 Covers.
Fitted Kitchen with two Electric and one Gas Oven.
Six Ring Gas Hob.
Gas Central Heating
Good Back of House Facilities .
Turnover for the past 2 years has been circa £380,000-£400,000 on limited trading hours of Wednesday to Saturday evenings and Sunday lunchtime only.
Fully Licensed
A full inventory is available on request .
There is rear access for loading and bin storage from Suffolk Retreat.
The restaurant has an overall width of 4.55 m and a depth of 18.59 m and a net floor area of 67.32 sq m (725 sq ft).
Kitchen, Storage and Cellarage Facilities provide a further 47.26 sq m (508 sq ft)
The premises are let on a lease for a term of years expiring on 21st August 2029.
The current rent payable is £21,500 per annum subject to review in 21st August 2025 and 2028. See note 1 below.
Subject to Contract
Offers are invited based on £140,000 for the leasehold interest together with the goodwill of the business and fixtures & fittings.
Stock
At valuation.
Figures quoted in these particulars are exclusive of VAT which may be payable in addition.
Note
1. The landlord has indicated a willingness to grant a reversionary lease for 5 or 10 years with effect from August 2029 should purchasers so require. Further details available from the agents.
2. It is considered that there is significant scope for expansion of this business due to the current owner operating on a limited opening hours basis.
More information
Listed by
John Ryde Commercial
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