Summary - 298 GLOUCESTER ROAD CHELTENHAM GL51 7AG
1 bed 1 bath Hotel
**Standout Features:**
- **19 letting bedrooms** divided between the main building and a separate rear building
- **Solid profit margin** of approximately £150,000 per annum
- **Prime location** near Cheltenham Spa Railway Station and major attractions
- **Ample off-road parking** available
- **Development potential** subject to planning permissions
**Potential Downsides:**
- Property requires **updating and refurbishment**
- Shared bathroom facilities may not appeal to all clients
Experience a lucrative investment opportunity with this well-established 19-bedroom accommodation on Gloucester Road, Cheltenham. This detached Victorian property, set in a tranquil, leafy area, benefits from substantial income with minimal upkeep. Each bedroom—clean and modern—features essential amenities, including LCD TVs, fridges, and microwaves, catering to both business and leisure clientele.
The spacious layout includes ample off-road parking, offering room for expansion or redevelopment opportunities, enhancing its value further. Ideally located, this property boasts excellent transport links and easy access to Cheltenham's famed attractions, including the racecourse and cultural festivals—an appealing proposition for any investor.
With its current income-generating status and potential for growth, this hotel represents an unmissable chance to tap into the thriving Cheltenham rental market. Don’t miss out; properties in this prime location rarely stay on the market for long!
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