Restaurant to rent

The Psalter, 178-180 Psalter Lane, Sheffield, S11

£6,250 pcm
1,570–5,180 sq. ft.

Property Description

Commercial information

  • 1,570 sq ft (145 sq m)
  • Use class orders: A3 Restaurants and Cafes and A4 Drinking Establishments

Key features

  • Prominent Bar / Restaurant Units
  • Recently Refurbished below 25 New Hotel Rooms
  • Units of 1,570 sq ft / 3,610 sq ft / 5,180 sq ft
  • Available as separate units or combined
  • To Let on New Leases

Full description

LOCATION The premises are located in the Brincliffe/Nether Edge area of Sheffield 2 miles south of the city centre in a leafy residential suburban area, fronting Psalter Lane and having a prominent position on this busy arterial route. The property is close to the junction of Psalter Lane and Ecclesall Road South which leads directly into the Peak District National Park, some 3 miles to the south west. This is a densely populated area with few competing facilities and huge potential, the Psalter Tavern having traded for many years until recently.

DESCRIPTION The premises are being refurbished to provide ground floor bar/restaurant premises with 25 ensuite hotel bedrooms above which have been let to a hotel operator. The ground floor currently comprises a split level, open plan bar/restaurant area with office and customer W.C.'s. This bar area is currently being refurbished and can be let as a whole or as adjacent separate bar and restaurant units. Externally there is a terrace to the front and to the rear is car parking with a sloping rear garden.

ACCOMMODATION (Approx gross internal areas)

Lounge Bar 1,570 sq ft 145.8 sq m
Restaurant 3,610 sq ft 335.4 sq m
Total 5,180 sq ft 481.2 sq m
Cellars 1,055 sq ft 98.0 sq m

LICENCE We understand that the premises previously had a Licence to open 09.00 to 23.00 Monday - Thursday, to 00.00 on Friday & Saturday and to 22.30 on Sunday.

LEASE The premises are available either as a whole or separately on new leases.

RENT
Lounge Bar 27,500 pa
Restaurant/Bar - 55,000 pa
Whole Unit 75,000 pa

VAT VAT will be payable on the rent.

LEGAL COSTS Each party are to be responsible for the payment of their own legal fees in connection with this transaction.

RATING ASSESSMENT The premises will need to be re-assessed for rating purposes following completion of the refurbishment works.

EPC The premises have a rating of 82 (Band D). A full Energy Performance Certificate will be provided on request.


More information from this agent

Nearest stations

  • University of Sheffield (1.3 mi)
  • West Street (1.5 mi)
  • Netherthorpe Road (1.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Crosthwaite Commercial Limited, Sheffield

Hawk Works, 105A Mary Street, Sheffield S1 4RT

0114 467 1567 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 stations

  • University of Sheffield (1.3 mi)
  • West Street (1.5 mi)
  • Netherthorpe Road (1.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Crosthwaite Commercial Limited, Sheffield

Hawk Works, 105A Mary Street, Sheffield S1 4RT

0114 467 1567 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.

Disclaimer - Administration fees may apply when renting a property in England, Wales or Northern Ireland. For more details, please contact the agent.

Property reference ThePsalter. 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 Crosthwaite Commercial Limited, Sheffield.

Please refer to our Renting Guides for further information on how to safely rent a property.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.