Restaurant to rent

Great North Road, LE15

£60,000 pa| £5,000 pcm

Property Description

Commercial information

  • Use class orders: A3 Restaurants and Cafes and C1 Hotels

Letting information:

Letting type: Long term

Full description

Tenure: Leasehold

Location

The property is situated in a highly prominent location on the A1 northbound carriageway, approximately 8 miles north of Stamford and in close proximity to Rutland Water

Immediately adjacent is a petrol station and Convenience store.

Description

The property is a 2 storey detached building, of traditional construction. The ground floor briefly comprises of a restaurant and bar area, together with a conference / private dining room. The ancillary accommodation includes WC's, catering kitchen and various stores.

The First Floor offers 8 letting rooms, all ensuite, plus staff facilities, stores and offices. In addition there is a basement beer cellar and store.

Outside is a large car park, patio and spacious mature grounds.The site extends to around 2.04 Acres in total.

Rental

A commencing rental of 60,000 per annum exclusive is sought for the property.

Tenure

The property is available by way of a new full repairing and insuring lease for a term to be agreed between the parties

Use

Whilst the current use is for bar/restaurant, the site would suit a number of alternative uses subject to obtaining the necessary planning consents.

Business Rates

From enquiries with the Valuation Office web site the property has a rateable value of 25,000

Legal Costs

Each party to be responsible for their own legal costs incurred in the transaction

Viewing

Strictly by appointment through the sole agents Oak Property Consultants or their joint agents Reid Commercial 01572 729050

More information from this agent

Nearest station

  • Oakham (7.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Oak Property Consultants, Nottingham

34 Shakespeare Street, Nottingham, NG1 4FQ

0115 798 0077 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Oakham (7.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Oak Property Consultants, Nottingham

34 Shakespeare Street, Nottingham, NG1 4FQ

0115 798 0077 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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Property reference MCRAMJAM. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Oak Property Consultants, Nottingham.

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