HIGH QUALITY FULLY EQUIPPED RESTAURANT PREMISES WITH RESIDENTIAL ACCOMODATION

 

Summary

  • Attractive and well-appointed Grade II listed restaurant property.
  • 2-bedroom residential accommodation on the upper floor.
  • Stylishly presented accommodation being fully furnished including kitchen equipment.
  • Sought-after location within the heart of Newtown Town Centre being just off the main High Street.
  • Considered suitable for a range of uses, subject to planning.

Accommodation

The accommodation comprises the following areas:

Descriptionsq ftsq m
Ground Floor Seating Area 606 56.30
Kitchen/Preparation Rooms 590 54.81
Residential Accomodation 843 78.32
External Hut 167 15.51
Total2,206204.94
17 Parkers Lane - I1.jpeg

Location

The property is ideally situated down Parkers Lane, an attractive street which leads directly to the main Broad Street and High Street within the heart of Newtown Town Centre. The main High Street boasts a vast range of national retailers with Costa Coffee, Greggs and Boots.

Newtown is centrally located in Mid Wales and is the principal economic and administrative centre for the area being situated approximately 30 miles west of Shrewsbury and the M54 and 40 miles east of Aberystwyth and serves a wide catchment area.

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Further Information

Rent £14,000 per annum

Rates Payable £3,351.20 per annum

EPC Rating This property has been graded as B (50)


Description

The property comprises an attractive Grade II listed period building arranged over two floors providing a total internal floor area of approx. 2,206 sqft (204.97 sqm) including residential accommodation on the upper floor.

The property provides stylish accommodation with approximately 38 covers to the main ground floor seating area served by a well-located bar with underbar drinks fridges.

Additionally, there is a fully equipped kitchen including 4 burner hob/oven, stainless steel work benches, electric ovens and large-scale extraction system. This is accompanied by 2 preparation rooms which include commercial freezers, dishwashers and a walk in cold room.

The upper floor provides an attractive 2-bedroom residential apartment providing well sized rooms with good natural lighting.

To the rear, an attractive courtyard area provides a mixture of covered and uncovered seating, with an additional decked area with outside hut.

A Premium of £3,000 is sought for all the fixtures, fittings and kitchen equipment (excluding those to remain as ‘the fabric of the building’) a full list of items can be obtained from the Letting Agents upon request.

Terms

The property is available To Let on a new lease for a term of 5 years on a tenants full repairing and insuring basis, subject to 3 yearly upward only rent reviews.

A Premium of £3,000 is sought for all the fixtures, fittings and kitchen equipment (excluding those to remain as ‘the fabric of the building’) a full list of items can be obtained from the Letting Agents upon request.