Run a Stonegate Pub - Umbrella Cheltenham Cheltenham, Gloucestershire

About the Pub

Don’t get caught in the rain, step into The Umbrella, and be your own boss. Why not escape the 9-5 and unlock your passion for sport and the community. The umbrella covers it all, 'weather' it’s darts, skittles or pool.

This is a great opportunity for you and your family to become the heart of the community.

The pub provides a superb opportunity to take on a true community pub situated in a densely populated area on the outskirts of Cheltenham. The pub occupies a prominent corner plot and offers good facilities to ensure the local community can be well provided for. There is a large trading area with plenty of covers, pub games including a skittle alley and multiple pool tables and a delightful beer garden located to the rear of the pub. The Umbrella is traditionally decorated and in great condition which provides an enthusiastic publican the potential to capitalise on a great trading opportunity.

Business Information

Agreement: Fixed Term Tenancy
Capital Startup: Est. £26300
Fixtures / Fittings: Est. £20000
Guide Rent: £23000 pa
Potential Turnover: £383210 pa

Regional Manager's Thoughts

This is a great community pub where the current publicans have given its customers a well-respected and enjoyable place in which to socialise with their friends. They have also created a great reputation for pool, darts and entertainment. There has been significant investment in this pub over the last few years meaning the condition and amenities are perfect to expand on the current trade base.

Surrounding Area

The Umbrella is situated in a densely populated area between Tewksbury Road and Gloucester Road in Cheltenham. The pub is in easy reach of the nearby Gloucestershire College, Kingsditch trading and retail estates and the centre of Cheltenham itself. Cheltenham Spa is a popular tourist destination for its regency style and is popular for its range of shops, as well as the famous Prestbury Racecourse that holds the popular Gold Cup in March each year. Cheltenham is ideally located to reach major cities such as Bristol and Birmingham via the M5 and has easy access to the Cotswolds Area of Outstanding Natural Beauty.

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