Summary - CENTRAL HOTEL, PORTLAND STREET GL52 2NZ
1 bed 1 bath Hotel
**Central Hotel - Investment Opportunity in the Heart of Cheltenham**
- 22 ensuite letting rooms
- Prime town centre location with excellent access to attractions
- Profitable business with an average profit of circa £173K
- Off-road parking and potential for further development (subject to consent)
- Grade II Listed property with charming Georgian architecture
This impressive Grade II Listed hotel offers an incredible investment opportunity in Cheltenham's vibrant town centre. Boasting 22 modern ensuite bedrooms, each equipped with essential amenities, this well-established business attracts a strong clientele and enjoys repeat bookings. The property retains its historic charm with high ceilings, sash windows, and ornamental balconies, while the off-road parking area simplifies guest access. Situated near the renowned Cheltenham Racecourse and a plethora of cultural attractions, this hotel is perfectly positioned for both leisure and business visitors.
While the property is generally low-maintenance, prospective buyers should consider the challenges of renovation and extension due to its listed status. However, the scope for potential development enhances its investment appeal. With the current owner retiring after 20 years, now is the time to seize this unique opportunity—step into a profitable business in a sought-after location with plenty of room for growth and personal touch. Act fast, as such opportunities in bustling urban settings don't stay on the market for long!
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