4B Chapel Bar, Nottingham, Nottinghamshire, NG1
- SIZE AVAILABLE
8,000 sq ft
743 sq m
- SECTOR
Restaurant to lease
- USE CLASSUse class orders: Class E
E
Lease details
- Lease available date:
- Ask agent
- Lease type:
- Long term
- Furnish type:
- Furnished
Key features
- Comprises large ground floor restaurant with function room at first floor
- Family run business since 2005. Lease sale due to a retirement.
- Comes fully equipped as seen on pictures
- Property benefits from disabled lift between ground and first floor
Description
Comprises large ground floor restaurant with function room at first floor
Family run business since 2005. Lease sale due to a retirement.
VAT is applicable to this property
Comes fully equipped as seen on pictures
Property benefits from disabled lift between ground and first floor
Opening times 12pm-11pm on Monday-Saturday and 12pm-10pm on Sunday
Total area size 788 sq m (8,480 sq ft)
Occupiers close by include McDonalds, Tesco Express, KFC, Nando`s, Taco Bell and Premier Inn, amongst many others.
Property Description:
Comprises large ground floor restaurant with function room at first floor. The restaurant has been successfully run since 2005 and is now for sale due to a retirement. The property provides the following accommodation and dimensions:
Ground Floor: Entrance Lobby, Reception, Bar, 4 Restaurant Sections with 150+ covers in total, Full Commercial Kitchen, Disabled and Elderly WC, Disabled Lift to First Floor, Waiter and Service Sections, Storage
First Floor: Open plan function room, Bar, Preparation Kitchen, Staff Rooms, Storage, Male/Female WCs
Terms:
Lease assignment. The property is offered on the following terms:
Term: 10 Years from 7th August 2020 until 6th August 2030
Rent: £2,307.69 per week (PCM: £10,000) paid quarterly in advance
Rent Review: Open market rent review on 7th August 2025
Premium: £150,000
Premium can be paid in instalments.
Rateable Value:
Rateable Value - £75,500
Rates Payable - £19,328 (1st Apr 2022 - 31st Mar 2023)
EPC:
The property benefits from a C Rating. Certificate and further details available on request.
Brochures
4B Chapel Bar, Nottingham, Nottinghamshire, NG1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Royal Centre Tram Stop0.1 miles
- Old Market Square Tram Stop0.2 miles
- Nottingham Trent University Tram Stop0.3 miles
Notes
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