8,308 Sq Ft (771.81 Sq M)
£1,882,500 Freehold Investment
Restaurant
Description
The Old Courthouse is an imposing and highly impressive Grade II listed, two-storey semi-detached building of traditional stone construction beneath a flat roof. The striking building has an attractive external appearance with significant curb appeal. It retains distinctive external heritage features that reflect its former civic use.
The Old Courthouse, County Court Road, Cheltenham, GL50 1ND
Property Features
Immaculately preserved and highly attractive building in the centre of Cheltenham
Historic property formerly occupied by the Cheltenham County Court
Let to award winning national pub restaurant operator Brunning & Price Limited
Occupied under a 25 year FRI lease with 10 years unexpired from April 2026
Current passing rent of £120,000 per annum
The guide price reflects an attractive net initial yield of 6%