After many years in the same owners’ hands, Doctor Fosters has become one of the most successful and high trading licensed properties in Gloucester. The attractive bar and restaurant stands prominently in the city’s flagship investment, Gloucester Docks, hosting a major retail development, café and restaurant quarter and multiple museums. The bi-annual Tall Ships festival held over the Spring Bank Holiday weekend attracts over 100,000 visitors to the Docks providing significant revenue for the business.
The famed Cathedral City of Gloucester stands on the banks of the River Severn between the Royal Forest of Dean and the Cotswolds. It is the administrative and commercial centre for the county of Gloucestershire, with a growing population of 180,000.
The property boasts a spacious and well-appointed trading area with a fully equipped bar servery and loose seating for 80 or so customers, with standing space for more. There is double door access from the main bar into a split-level conservatory which overlooks the Docks. In this conservatory is seating for 70 customers and there is direct access onto the outside trading area. There is a further trading area on the first floor with open staircase access from the main bar. It has its own bar servery and is principally operated as a restaurant and can seat up to 90 customers but could also be utilised for functions. The quayside can be accessed directly from the conservatory and the business has had consent previously for external seating for up to 90 customers granted by The Gloucester Docks Estate Company Limited (GDECL).
The property had been operated by our clients for a number of years extremely successfully. However over recent years it has been operated by independent tenants who have now vacated the premises, and the business is not operating. Our clients are now looking to let the same to an appropriate operator on favourable free of tie lease terms.
Doctor Fosters is up for sale with Sidney Phillips at a leasehold price of £20,000. To enquire about the property, call 01981 250333 or email midlands@sidneyphillips.co.uk .