Summary - Flat 302, 46-50 Southgate Street GL1 2DR
1 bed 1 bath Hotel
Turnkey 58-room freehold hotel in central Gloucester — strong cashflow, clear upside..
Freehold hotel with 58 ensuite bedrooms, turnkey operation
Recently refurbished (2023) — rooms modern and move-in ready
New ground-floor bar opened early 2025; good trading performance
Central Gloucester location — short walk to cathedral, docks, station
Potential to add F&B or convert to HMO subject to planning (STPP)
Neighbouring Friary House apartments NOT included in guide price
Very high local crime and high deprivation — impacts insurance/security
Courtyard currently unused; potential external dining/drink space
A rare freehold hotel investment in Gloucester city centre, offered as a turnkey, profitable business with 58 ensuite bedrooms. The property was comprehensively refurbished recently (completed 2023) and benefits from a newly opened ground-floor bar, strong trading performance and good margins from a room-only model. The location is exceptionally central — a short walk to Gloucester Cathedral, the docks, railway station and the new university campus due 2025, which should boost demand.
The building is arranged over four floors around a rear courtyard and includes accessible ground-floor rooms and a sheltered courtyard with potential for external dining or bar use. Trade fixtures and fittings are included in the freehold sale, and there is scope to expand food & beverage offering or alter the service model to increase revenue. There is also potential for HMO conversion subject to planning (STPP).
Material considerations are straightforward: the surrounding area shows very high crime levels and high deprivation scores, which may affect operating costs, insurance and guest perceptions. The neighbouring Friary House apartments and other rear buildings are owned/leased separately and are not included in the guide price — they are available via separate negotiation and would need additional purchase to be integrated into the hotel operation. Trading figures and further financial detail are available on request.
This is an investor-led opportunity for a buyer seeking an operational city-centre hotel with immediate cashflow and clear upside via F&B expansion, asset integration or repositioning. The property is best suited to an experienced hospitality investor or operator able to manage city-centre risks while capitalising on the growing local demand drivers.
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