Summary - CENTRAL HOTEL, PORTLAND STREET GL52 2NZ
22 bed 1 bath Terraced
**Standout Features:**
- 22 modern ensuite letting rooms
- Prime town centre location with easy access to amenities and attractions
- Established, profitable business with adjunct profit of approximately £173K
- Off-road parking for multiple vehicles
- Grade II Listed Georgian property with regency charm
**Potential Downsides:**
- Maintenance of a large historical building may require ongoing attention
- Renovation and extension will be challenging due to listed status
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Welcome to an exceptional investment opportunity in the heart of Cheltenham! This impressive Grade II Listed Georgian property features 22 ensuite bedrooms, offering a lucrative stream of income with an impressive adjunct profit of around £173,000. Embellished with regency charm, high ceilings, and sash windows, the terrace showcases a blend of historical significance and contemporary comfort for guests, making it a desirable choice for hospitality.
Spread over three floors, each room is well-equipped with modern bathrooms, LCD TVs, fridges, and microwaves, catering to both short and long-term stays. The property boasts off-road parking at the rear, with potential for further development subject to the necessary planning consents. Nestled in a vibrant area, enjoy proximity to cultural hotspots, shopping, and dining, with major transport links easily accessible.
This low-maintenance hotel operation has built a solid client base over 20 years and is ready for its next chapter. If you’re seeking a turn-key investment in a thriving cosmopolitan suburb, act quickly—opportunities like this don’t come around often!
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