An exceptional opportunity has arisen to acquire The Clarence Social, a sophisticated three-storey wine and cocktail bar located at 1 Clarence Parade, right in the centre of Cheltenham. Priced at £1.3 million, this venue boasts a prime position opposite the Michelin-starred Lumiere restaurant and occupies a historic Grade II-listed building that once housed the Gloucestershire Echo offices.
Over recent years, The Clarence Social has undergone an extensive £1.1 million refurbishment to create a stylish bar, restaurant, and cocktail venue with tremendous trading potential. This investment is reflected in the esteemed Muddy Stilettos Best Bar award received in 2022, underscoring the venue’s high reputation.
The establishment spans three floors, each designed to offer a distinct experience. The basement features a speakeasy-style cocktail bar accessible via a secret bookcase entrance, outfitted with wood flooring and panelled walls, and accommodating up to 40 guests. It also boasts a separate entrance on Clarence Street, allowing for independent operation from the upper floors.
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The ground floor provides seating for approximately 50 patrons and includes a striking 25-foot oak bar with an elegant back bar display. Supporting operations is a fully equipped commercial kitchen and a dumb waiter serving all levels.
The first floor is popular for private events, offering space for around 65 guests and featuring a marble-top bar on the balcony that overlooks the ground floor bar. This versatile floor also includes audiovisual equipment and projector screens, making it ideal for corporate functions.
Covering 3,633 square feet, The Clarence Social sits within a thriving leisure district adjacent to The Promenade, a bustling shopping and entertainment area. The surrounding neighbourhood is home to a mix of prominent chains such as Wagamama and Franco Manca, alongside several acclaimed independent bars and restaurants.
Constructed from traditional Cotswold stone, the building boasts elegant Regency architectural details and historic associations with literary figure Lewis Carroll and composer Gustav Holst.
Licensed for alcohol service daily from 8am to 3am, The Clarence Social is also permitted to host live and recorded music, dance, theatre, and film performances within the same hours, adding to its vibrant appeal.
This extraordinary blend of heritage, design, and location presents a rare investment for anyone seeking a prestigious bar and restaurant business in Cheltenham’s thriving social scene. Currently listed for sale with John Ryde Commercial, The Clarence Social offers a unique chance to own a landmark venue in a highly sought-after area.