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Commercial property to rent

Silver Street, Lyme Regis

Guide Price £25,000 pcm| £5,769 pw

Property Description

Letting information:

Furnishing: Not Specified

Key features

  • To Let
  • Restaurant and Bar
  • Well equipped Kitchen
  • Garden

Full description

TO LET
RESTAURANT WITH BAR AND GARDEN IN ONE OF LYME'S FINEST HOTELS


This is an excellent opportunity to rent a restaurant and bar in a charming 17th Century hotel.

The property is in a prominent location close to the town centre fronting one of the principal approaches from the A35 coast road.

It is envisaged that the tenant will lease the restaurant, bar and well equipped kitchen and share use of the most attractive rear garden (which has lovely sea views).

The freeholders will continue to run the very successful letting rooms in the hotel (14 high quality rooms with ensuites). Many guests use the restaurant.

Lyme Regis is a picturesque and historic coastal town noted for its quaint old buildings, sandy beach, impressive coastal scenery and especially the centuries old Cobb Harbour.

The town is proving increasingly popular to holiday makers not only in peak summer months and school holidays but throughout the year. Leisure facilities include a theatre, sailing, bowls and power boat clubs, fishing, golf and many fine walks in the lovely surrounding countryside.

The town is situated on the beautiful and unspoilt Devon and Dorset 'Jurassic Coast' awarded World Heritage Site status by UNESCO in December 2001.

THE LEASE

A new lease will be granted. Initially it is envisaged to be a 3 year term, at a rental of £25,000 per annum. This will be an 'opted out lease' i.e. not automatically renewable.

THE BUSINESS

These are very attractive premises in an excellent location. A restaurant has been established here for many years but the tenant can create their own brand cuisine.

In addition the proprietor can provide breakfast for the hotel guests (and of course make an appropriate charge). There is also scope for special parties and functions including weddings.

Final details of the shared use of facilities etc. are to be agreed between the parties.

THE RESTAURANT 42' x 16' (12.80m x 4.88m)

A tastefully appointed through room with bifold doors opening into the rear garden.

Feature brick integral fireplace with beam over and wood burning stove (not tested), bay window to front with window seat, door to kitchen, oak floor.

It is set up for 34 covers but can provide up to 40 for a function.

BAR/RESTAURANT 20'6 x 14'8 (6.25m x 4.47m) overall plus bar area 14' x 13'6 (4.27m x 4.11m)

Feature brick inglenook fireplace with beam over and woodburning stove, beamed ceiling, part wall panelling, bottle store off the bar (with external access).

There are 16 covers plus bar stools.

Door to INNER HALL with ladies and gents W.C.'s (shared with hotel guests).

KITCHEN in two connecting areas measuring 15'3 x 10'8 (4.65m x 3.25m) and 13' x 12' (3.96m x 3.66m)

This is a well equipped commercial kitchen.

OUTSIDE

Most attractive level rear garden with good quality timber benches and tables and a feature thatched summer house. Adjacent to the restaurant is a large paved patio and a commercial BBQ.

The garden includes lawn, herbaceous beds and a variety of shrubs and small trees. Excellent sea views. The garden will be shared with the hotel guests.

RATEABLE VALUE - to be assessed.

Local Authority - West Dorset District Council (01305 251010)

Directions
From our offices in Lyme Regis continue to the top of Broad Street and fork right into Silver Street (towards Uplyme) and Mariners Hotel will be found after about 1/4 mile on the right hand side.

Viewing
Strictly by appointment with the vendor's agents, Martin Diplock Estate Agents & Valuers, 36 Broad Street, Lyme Regis on (01297) 445500.


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Property reference 519069. 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 Martin Diplock Chartered Surveyors, Lyme Regis.

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