Grey Friar, 114 Friargate, Preston, PR1 2EJ

Description
The Grey Friar occupies the ground floor and part of the first floor of a detached, two storey brick built property, with large glazed frontage at ground floor level, under a pitched roof. To the front of the property, there is a external trade terrace to provide seating for approximately 24 customers.

Location
Preston is a densely populated city in the county of Lancashire, approximately 10 miles west of Blackburn and 16 miles east of Blackpool. The area is well connected by public transport links with Preston Rail Station providing local and national services, as well as Preston Bus Station providing
services across Lancashire.

The Grey Friar occupies a prominent roadside position at the junction where Friargate is intersected by the A59 within Preston City Centre. The Preston Railway Station is 0.4 miles to the south. The surrounding uses are predominantly commercial with nearby occupiers including Cafe Nero, The Arc Cinema and McDonalds.

Accommodation
Ground Floor: Open plan trading accommodation with central bar servery. The trading area consists of a variety of fixed booth seating and loose tables and chairs, as well as two raised floor areas, for approximately 390 customers. Ancillary trade areas include: customer WC's, staff room, stores, trade kitchen, manager's office, glass wash room, boiler room and two beer cellars.

First Floor: The first floor provides stores and rear access to the property for beer deliveries.

Tenure
Leasehold. Held on a lease expiring in March 2046 with upwards only, five yearly open market rent reviews. There is a tenant break clause in March 2031. The most recent annual service charge is £6,632.

Rateable Value & EPC
2023 Rateable Value - £102,000
EPC Rating: D - 93

Premises Licence
The Property benefits from a premises licence permitting the sale of alcohol until 00:30 Sunday-Thursday and 01:00 Friday-Saturday.

Terms
Rental offers are invited for the benefit of a new sub-lease.

Planning
The property is not listed or located within a Conservation Area.

Trading Information
Historic trading information may be available to interested parties upon written request.

Fixtures and Fittings & Stock
Fixtures and fittings with the exception of all tills, IT equipment, leased and branded items can be included as part of the sale should they be required. Stock will be removed from the premises prior to completion.

Viewings & Terms
Interested parties are asked to undertake discreet customer visits in the first instance. No formal viewings will be permitted unless arranged through the joint selling agents Savills and CBRE. Under no circumstances should any direct approach be made to any of our clients staff.

Offers are invited for the benefit of a new sublease.

To see further available JD Wetherspoon Public Houses across England, Scotland and Wales please visit:
jdwdisposals.co.uk