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Restaurant for sale

Piccadilly, Stoke-on-Trent, Staffordshire

Sold STC £130,000
1,384 sq. ft.

Property Description

Commercial information

  • 1,384 sq ft (128 sq m)

Full description

A three storey mid-terrace building of traditional brick construction under a pitched tiled roof suitable for bar/cafe uses or alternative retail uses. The premises benefit from a late alcohol licence and potential for external seating subject to obtaining a licence from the local authority.

Location - The premises are prominently situated fronting the busy Piccadilly within the Cultural Quarter of Hanley Town centre, Piccadilly has become a hub for fresh businesses with the added attraction of being located in close proximity of The Regent Theatre.

Description - The ground floor consists of a a rectangular trading area with a front bar, seating, DDA compliant w.c and rear seating area. To the rear is a commercial kitchen with preparation and stores. There is an alley way from Piccadilly which provides access to the rear section.

The first floor is accessed either from a central point off the ground floor retail area or and there is a separate access from the side alley. The first floor consists of ladies and gents toilet facilities. The front room offers additional seating, private room or storage. Another, rectangular room provides access to the second floor and potential for additional stores.

The second floor consists of a open plan 'L' shaped room with tiled floor. There is also a kitchen, w.c and shower room. The second floor could be utilised as managers accommodation, subject to any necessary planning consent.

Premises Licence - We understand that the premise benfits from a premises licence effective from 21 July 2016 with no expiry date. The licence allows for everyday use of:

Recorded music 08:00 - 03.30, indoors
Late night refreshment: 23:00 - 03:00, indoors
Supply of alcohol for consumption on the premises: 11:00 - 03:00 (after 22:00 hours ancillary to a table meal only), indoors.

The permitted opening hours are every day 08:00 - 03:30.

Interested parties are advised to make their own enquiries to ensure their uses are covered.

Accommodation - Ground floor
Retail area 54.25 sq m (584 sq ft)
Kitchen and preparation: 21.14 sq m (228 sq ft)
DDA toilet facility

First floor
Ladies & gents w.c's
Front room: 14 sq m (150 sq ft)
Side room & 2nd floor access: 4.90 sq m (53 sq ft)

Second floor
'L' shaped room: 30.34 sq m (327 sq ft)
Kitchen: 3.88 sq m (42 sq m)
Shower room.

Services - All mains services are available subject to any reconnection which may be necessary.

Planning - Bjb recommend that potential occupiers make their own enquiries to the local authority in order to satisfy themselves that their proposed use is authorised in planning terms.

Business Rates - The Rateable Value is £10,750. The draft assessment for April 2017 is £10,250. The standard non-domestic rating multiplier is 49.7 Pence in the pound. The small business non-domestic rating multiplier is 48.4 Pence in the pound, for properties with a rateable value up to £18,000. Bjb recommend parties make their own enquiries into any further business rate relief which maybe available.

Tenure - Freehold with vacant possession.

Legal Costs - Each party is to be responsible for their own legal costs incurred in connection with the sale / purchase of the property.

Viewings - Strictly by appointment via bjb commercial, Head Office, Lake View, Festival Way, Stoke-on-Trent ST1 5BJ. Telephone 01782 212201. Opening hours are 9.00-5.30pm, Monday to Friday.

Vat - VAT is not applicable.

As the Sellers agent, we are not Surveyors or Conveyancing experts and as such we cannot and do not comment on the condition of the property or other issues relating to title or other legal issues that may affect this property, unless we have been made aware of such matters. Interested parties should employ their own professionals to make such enquiries before making any transactional decisions. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Lease details, service charges and ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. The copyright of all details, photographs and floorplans remain the possession of bjb.

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