Restaurant Premises with Accommodation

 

Summary

  • Fully Licensed Premises
  • Excellent Town Centre Location
  • Extensive Living Accommodation
  • Fixtures and Fittings Within
  • Fully Operational Kitchen
  • Available Immediately
  • Ready to Trade From Day 1
  • Perfect for Owner/Occupier

Accommodation

The accommodation comprises the following areas:

Namesq ftAvailability
1st - Kitchen 279 Available
1st - First Floor Kitchen 86 Available
1st - Internal Storage 37 Available
1st - First Floor Restaurant 1,119 Available
1st - First Floor Toilets 226 Available
2nd - Accommodation 151 Available
Total1,898
27 Church Street - 10.jpg

Location

The property is prominently situated at the roundabout junction of the A49,
Buttermarket Street and Church Street.

It is situated on the fringe of the Town Centre and convenient parking is available directly opposite, on Buttermarket Street, and the close by Sainsburys, which is just 3 minutes walk.

Get directions from Google Maps

Further Information

Rent £24,000 per annum

Rates Payable £6,112 per annum


Description

We are delighted to bring to the rental market a rarely available bar/restaurant unit, which benefits from a full late trading license.

The property benefits from being arranged across the entire first and second floors on the terrace row which is shared with The Tavern sports bar and the Royal India Restaurant.

The first floor comprises of a primary bar area, which welcomes guests upon arrival, a side kitchen for cleaning and food stores, adjacent to the staircase up to the venue is the main kitchen which is fitted with a full extraction system. Included is a large dining area which is able to house upwards of 30 guests seating and or standing.

The second floor provides excellent living accommodation, with kitchen and washing facilities included. This would benefit vastly from a tenant/occupier due to the ease of access to and from the flat and restaurant.

Premium

A one off premium fee of £50,000 is required to secure the new lease, business opportunity, fixtures and fittings and use of the flat above.

Rental

£24,000 per annum.

Lease Terms

A new long term lease is available direct from the Landlord, for a minimum of 3 year term, on a tenant's effectively full repairing basis and including periodic rent reviews.

VAT

We are advised that VAT is not applicable to the above rental and premium costs.

Services

All main services are connected.