Restaurant/Bar Premises

 

Summary

  • Fully Licensed Premises
  • Excellent Location
  • Extensive Living Accommodation
  • Unique Opportunity
  • Extraction System Included
  • Suitable for a Variety of Uses

Accommodation

The accommodation comprises the following areas:

Namesq ftsq m
1st - First Floor Restaurant 1,119.45 104
1st - Kitchen 279.86 26
1st - First Floor Kitchen 86.11 8
1st - Internal Storage 37.67 3.50
1st - First Floor Toilets 226.04 21
2nd - Second Floor Internal Storage 150.69 14
Total1,899.82176.50
27 Church Street - Pic 1.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 £7,631.25 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 Eagle & Spaceman gastropub.

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 £10,000 is required to secure the new lease, business opportunity and use of the flat above.

Rental

£24,000 per annum.

Lease Term

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

VAT

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

Services

Mains electricity, gas, water and drainage are connected