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Restaurant to rent

North Hill, Colchester, Essex, CO1

1,800 sq. ft. | £25,000 pa| £2,083 pcm

Property Description

Commercial information

  • 1,800 sq ft (167 sq m)
  • Use class orders: A3 Restaurants and Cafes

Full description

LOCATION
The property is located 150 yards north of Colchester Town Centre, on North Hill, an established professional and restaurant district of Colchester. Adjacent occupiers include The Noodle Bar, Ask, Middletons, Green Rooms Restaurant and The Blue Ivy.

DESCRIPTION
Fully modernised timber framed building arranged over basement, ground, first and attic rooms with an attractive Georgian style brickwork façade to front elevation. Internally, the walls have been plastered and finished to a high standard and incorporate a bar/seating area on the ground floor with customer WC facilities and commercial kitchen area to the rear. At first floor, there are two rooms for further customer seating, a private office, customer toilet facilities and staircase to attic room. The basement has been refurbished to provide a further bar area and potential for customer seating.

ACCOMMODATION

Floor Description Area m2/unit Area ft2/unit
Basement Restaurant 31.40 338
Ground Restaurant 51.00 549
Ground Kitchen 29.10 313
Ground Public Toilets 5.20 56
First Restaurant 41.60 448
First Public Toilets 3.80 41
First Internal Storage 2.50 27

There is also additional accommodation in the attic.

RATING
The property is described and assessed as restaurant and premises with a rateable value of £37,000 (the current rates payable, therefore assuming Uniform Business Rates at 49.3 pence in the pound - £18,241 for the year).

TERMS
To let on a new Lease at a rental of £25,000 per annum exclusive. Consideration will be given for the freehold sale of the property at a price of £350,000, both exclusive of VAT.

VIEWING
Strictly by prior appointment with the sole agents Nicholas Percival on 01206 563222 or email tnoble@nicholaspercival.co.uk


C.3881


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Property reference C3881. 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 Nicholas Percival Commercial, Colchester.

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