The premises are comprised of a restaurant with bar on the ground floor. The basement has in the past been used as a night club and bar. There is a fully fitted commercial kitchen on the ground floor of 274.83 sq ft.
The premises are situated in the busy trading location of Seaside Road where there are number of retailers and catering establishments. Seaside Road is within a short level walk of the main shopping area of Terminus Road, the Arndale Centre and the mainline railway station.
Term
The premises are to be held on a new effective full repairing and insuring lease for a term to be negotiated having periodic rent reviews.
The commencing rental to be £20,000 per annum exclusive of rates and all other outgoings relating to the premises.
Rates
According to the Valuation Office website the premises are described as:
Shop and premises
Rateable Value: £21,000
Payable for the year ending 31st March 2020 = £10,311.00
VAT will not be chargeable on the terms quoted.
Each party is responsible for their own fees.
• large commercial kitchen
• versatile basement
• good trading location
• large open plan dining area
Area Sq ft Sq m
ground floor restaurant/ bar 1,088 101.08
ground floor rear to include kitchen 761 70.70
lower ground floor front 774 71.90
lower ground floor rear 992 92.15
Total 3,615 335.83
For further information, email details or to arrange an inspection please contact agents:
Simon Hunt Mike Tingley
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Subject to contract sh/hc/05/19