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Cheltenham £2.9m restaurant & takeaway for sale

Savills, on behalf of the De La Hayes family, is marketing the rare freehold of De La Hayes Restaurant in Bourton on the Water, Cheltenham, for £2.895m.

The attractive Grade II-listed property has three trading units, a high end cafr/restaurant, a fish and chip takeaway unit, and a bakery/pizzeria with high quality fit-out and all fixtures and fittings included.

The 6,005 sq ft (558 sq m) property underwent an extensive redesign and refurbishment in 2017. Work to the trading areas was overseen by a professional architect and design team and has been finished to a very high standard.

The restaurant provides river views with 110 internal covers and there are two external trade gardens with the capacity for approximately 295 covers. There is an owners/managers accommodation on the first floor.

The Property occupies a prominent position along Bourton on the Water’s main thoroughfare, adjacent to the Motor Museum and main shopping street.

Adam Bullas, director in the licensed leisure team at Savills Southampton, commented, “This is a great opportunity to acquire a very rare asset in a sought after Cotswold town that has recently been refurbished to a high standard.

'The property is in a prime position and offers the new owners the option to re-open the high end restaurant, fish and chip shop and bakery in the same successful format or to re-position the business.”