Former Rick Stein, Lloran House, 42A High Street, Marlborough, SN8 1HQ

Description
This character property was originally built in the 18th Century and occupies a prominent mid-terrace position. The property is of two stories and of brick construction with rendered and painted elevations under a Mansard slate roof.

INTERNAL DESCRIPTION
The following is a summary of the most recent configuration previously trading as Rick Stein.

Ground floor: Customers enter via a foyer passing through a dining room (16) and lobby on to the bar servery area (5) and main restaurant (23) . Ancillary space includes an accessible WC. A mechanical hoist is located to the rear of the servery which connects the basement and upper floor.

First floor: Accessible via an open stairwell, the first floor comprises three character dining rooms providing 48 seated covers in total. Ancillary space includes wine-storage and waiter station.

Second floor: Ancillary space includes ladies and gents WCs, staff changing rooms, cloakroom, storage and plant room.

Basement: Trade kitchen, wash-up, preparation area, various storage spaces and cold room. Access to bin storage.

Location
Marlborough is located in the North Wessex Downs AONB approximately 35 miles east of Bath and 19 miles west of Newbury. Marlborough is regarded as Wiltshire's most dynamic and cosmopolitan market town which is popular for shopping and offers a wide choice of places to eat and drink and ample overnight accommodation. The town is also well known for the prestigious Marlborough College independent school which is located close by.
Marlborough has an estimated population of 8,395 (2011 Census).

The Business
The property previously traded as a Rick Stein restaurant having established the business in 2016 after a comprehensive refurbishment. The character building comprised various characterful customer areas rooms split over two floors. The business closed in October 2025. There will be no financial information will be provided or warranted.

Tenure
Leasehold.
The property is held on a 20 year lease from February 2016 with a reversionary lease from 2036 to2038. The passing rent is £100,000 per annum exclusive of VAT. The rent is reviewed to open market at each fifth anniversary with the next in 2026. We understand the lease has Full Repairing and Insuring liability and benefits from renewal rights under the Landlord and Tenant Act 1964 (Part II).
The owners are seeking an assignment of the lease, subject to landlord’s consent. We do not expect there to be any staff transfer under Transfer of Undertakings (Protection of Employment).

Fixtures & Fittings
The property benefits from an inventory of fixtures and fittings which may be available subject to negotiation.

Planning & Conservation
We understand the property benefits from Commercial Use Class E (suitable uses may therefore include restaurant/bar and retail) under The Town and Country Planning (Use Classes) Order 1987 (as amended). The lease permits the same uses with the addition of office space on the second floor. We recommend interested parties satisfy themselves on permitted use against any proposed
use. The property is Grade II listed and located in the North Wessex Downs Area of Outstanding Natural Beauty and the Marlborough Conservation Area.

Premises Licence
The property benefits from a Premises Licence which allows various activities including the sale of alcohol Monday to Saturday 10:00 - 00:00 and Sunday 10:00 -23:30.

EPC & Rating
The Energy Performance Certificate rating is C-54.
The 2023 Rateable Value is £71,500. This is not the rates payable; the current small business multiplier is 54.6p/£.

Services
We understand that all mains services are connected.

Viewing
The property is closed to trade. For further information and all viewing requests please sole agents, Savills. Please do not approach the wider business or staff directly.