Retail premises for sale

The Daffodil, 18-20 Suffolk Parade, Cheltenham GL50

Description

The Daffodil is an Art Deco building situated in The Suffolks, Cheltenham, dating from 1922. It was originally constructed as a cinema and was subsequently converted for restaurant use. The property is of red brick construction, with rear access from Montpellier Retreat leading to a rear courtyard and yard area.

The property is entered via a barrel-vaulted foyer with an arched ceiling, retaining a number of original Art Deco features including pendant light fittings, porthole mirrors, and stained and leaded glass panels. Twin curved staircases rise from the foyer to a mezzanine gallery level. The foyer includes fixed seating and a bar/servery counter to the rear.

The principal space is suitable for restaurant, bar, or events use across its ground and gallery levels. Further back-of-house, preparation, and ancillary space is provided at ground and basement level.

The property includes a commercial kitchen fitted with stainless steel preparation and cooking equipment and overhead extraction canopies. Fixtures include stainless steel worktops, prep tables, cooking ranges, and a separate wash-up area with stainless steel counters, sink, and shelving.

It provides further ancillary accommodation at basement level, including storage rooms and cold stores. The premises also include admin offices and staff and customer WC facilities.

The total gross internal area is circa 650.30 m2 (7,000 ft2).

The site area extends to approximately 0.054 hectares (0.134 acres).
Planning

The property has been used as a restaurant which falls within Class E of the Use Classes Order 1987. The property is locally listed and lies in a Conservation Area.

Planning permission has been obtained for conversion to a single dwelling, and a scheme has been prepared comprising 2 town houses, 3 mews houses with communal space, and 2 coach houses to the rear – an application has not been submitted.

The property has an EPC Rating of d-84.

Location

The Regency Spa town of Cheltenham, which supports a district population of approximately 115,000, is one of Gloucestershire’s principal commercial and administrative centres with major occupiers including Zurich, Capita, gchq, ge Aviation, Super Dry Group and Spirax Sarco. The town benefits from good local and regional road communications via the M5 (Junctions 10 and 11). In addition, the A417/A419 northeast link provides access to the M4 (Junction 15) at Swindon. The town is approximately 9 miles (14.5 km) east of Gloucester, 25 miles (40 km) south of Worcester, 42 miles (67.5 km) northeast of Bristol and 100 miles (161 km) northwest of London. The property is situated in a prominent position on Suffolk Parade, at the heart of The Suffolks area of Cheltenham - one of the town's most sought-after and characterful districts, comprising a mix of specialist retailers, restaurants, bars and residential properties.