12-room, low-input investment in Cheltenham town centre with circa £100K adjusted profits.
Freehold Grade II listed Georgian mid-terrace hotel
A rare freehold opportunity in central Cheltenham: an elegant Grade II listed Georgian mid-terrace currently run as a 12-room, room-only hotel. The business is low-input with an established client base and reported adjusted profits around £100K, making it suited to a hands-off investor or operator wanting immediate income.
The building retains period features — high ceilings, large sash windows and Juliet balconies — that help command repeat bookings and a strong town-centre location close to restaurants, the racecourse and festival venues. Rooms are described as modern and tidy; communal bathrooms (three) and basic in-room kitchenettes (fridge, microwave) keep operational costs low.
Important practical points: the property is Grade II listed, so alterations will be restricted and require consents. The solid brick construction (pre-1900) likely lacks cavity insulation, which may affect heating costs and any retrofit works. The surrounding area records a very high crime rate, which could influence insurance and guest perceptions. Despite these limitations, the combination of central location, proven trading and freehold tenure gives clear upside for an investor who manages listed-building constraints and local risk factors.