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Restaurant to rent

85 Watergate Street, Chester CH1 2LF

3,250 sq. ft. | £36,000 pa| £3,000 pcm

Property Description

Commercial information

  • 3,250 sq ft (301 sq m)
  • Use class orders: A3 Restaurants and Cafes and A4 Drinking Establishments

Key features

  • Located in main office sector of Chester and within city walls.
  • Well established restaurant bar with late night licence.
  • 3,250 sq ft (302 sq m) gross

Full description

LOCATION AND DESCRIPTION

The property is situated within the city walls, in one the main office quarters of Chester, and also fronts Watergate Street the primary link between the pedestrianised city centre and Chester Race Course. It forms part of Watergate House, a Grade 2 listed building with offices on two upper floors and the bar/restaurant at lower ground floor. The restaurant is of substantial character with three rooms providing bar and eating area measuring some 1,500 sq ft (140 sq m) and with additional wcs, cellar, a fully fitted kitchen and further back up space measuring circa 1,750 sq ft (163 sq m). Internal photographs are attached. There is a front courtyard for external seating and also rear access for servicing. It is currently understood that all existing fixtures and fittings will be included.
The premises are available on a new 10 year lease subject to a rent review at the end of the 5th year.

RENT

36,000 per annum, exclusive.

PLANNING AND LICENCE

With A3 planning consent and a current premises licence from 9.00 am to 3.00 am from Monday to Sunday.

RATING ASSESSMENT

It is understood that the premises are currently assessed as follows;-
Ratable Value 41,250.00
Rates Payable (April 2016-17) 20,501.25

ENERGY PERFORMANCE CERTIFICATE

The premises are Grade 2 Listed and do not, therefore, require an EPC.

LEGAL COSTS

Each party will be responsible for their own legal costs.

VAT

All figures quoted may be subject to VAT at the standard rate prevailing.

FURTHER INFORMATION / VIEWING

Please contact Richard W Bolton of the sole retained agents
Bolton Birch:
Tel: 01244 311681
Email: richard@boltonbirch.com

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