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Regent Street, Weston-Super-Mare, Somerset, BS23

£3,333 pcm
£40,000 pa

£20.36 per sq ft

Business rates & charges may apply

Hootons Commercial Ltd, Bristol
SIZE AVAILABLE

1,965 sq ft

183 sq m

SECTOR

Restaurant to lease

USE CLASSUse class orders: A1 Shops, A3 Restaurants and Cafes and Class E

A1, A3, E

Lease details

Lease available date:
Ask agent
Furnish type:
Furnished

Key features

  • Three Phase Electrics
  • Prominent corner location
  • Close to Grand Pier
  • Intruder & Fire Alarm System

Description

Location & Description

A rare opportunity to secure a fitted out and highly visible commercial/restaurant unit on a corner location in a busy and vibrant area.

Occupying a high-footfall corner position on the main thoroughfare leading from seafront and The Grand Pier (1 minute walk away) to the main shopping area of the town (2 minutes walk away), this striking premises benefits from a substantial ground floor layout, currently arranged with approximately 60-65 internal covers and further outside seating increasing capacity to around 80 covers. The current layout comprises a spacious restaurant area, grab and go takeaway counter, fully equipped commercial kitchen with top of the range equipment, support and preparation rooms, storage areas, staff facilities, and customer WCs.

The property has undergone a major recent refit, including new Altro safety flooring throughout, upgraded electrics with 3-phase power, full fire protection to all ceilings and walls, and significant structural works. With the ground floor completed to modern regulatory standards.

Positioned in the heart of Weston's thriving coastal centre, this premises is ideally suited for experienced operators, national brands, or ambitious independents looking to establish a flagship location on the seafront. The town currently has a residential population of around 80,000 but this number swells with an influx of tourists during the holiday season.

Terms & Rent

The commercial element arranged over ground, and part first and second floors is available on a new full repairing and insuring lease at the quoting rent of £40,000 per annum exclusive for a term to be agreed.

The existing operators, are seeking an ingoing premium of £100,000 for the benefit of fitted-out unit to create a turn key opportunity for an ingoing Tenant. A full inventory can be supplied on request.

The upper floors are also available via separate negotiation, and the Landlord may also consider a Freehold sale of the whole building. Further details on request.

Amenities

* Three Phase Electrics.
* Fitted out to a high specification.
* External seating Area.
* Intruder & Fire Alarm System.
* Highly visible corner location.
* Close to Grand Pier, Sovereign Shopping Centre, High Street, and seafront.

Size & Floors

Sq. m Sq. ft
Ground Floor 123.94 1,334
Ancillary 15.51 167
First Floor 26.89 289
Second Floor 16.22 175
TOTAL 182.56 1,965

Use

Class E - Suitable for offices, financial and professional services.

Deposit

A 3-6 month deposit may be charged depending on the strength of financial accounts.

Business Rates

Rateable Value: £32,250

Rates Payable (2024/25) 49.9p in the £

Interested parties should make their own enquiries to the Local Billing Authority.

VAT

All figures are exclusive of VAT.

Legal Costs

Each party will be responsible for their own legal and professional costs in connection with this transaction.

Anti-Money Laundering

Once Heads of Terms are agreed successful applicants will be required to provide relevant information to satisfy the AML requirements.

Energy Performance

An EPC has been commissioned.

Viewings & Further Information

Viewings strictly by prior appointment

Steve Cullis - or

Ben Newton - or

Brochures

Regent Street, Weston-Super-Mare, Somerset, BS23

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Weston-super-Mare Station0.4 miles
  • Weston Milton Station1.6 miles
  • Worle Station3.0 miles

About Hootons Commercial Ltd, Bristol

The Coach House, Hurle Road, Clifton, Bristol, BS8 2SY

Hootons is one of Bristol's best rated commercial property agents. With over 30 years in the market, we help both landlords and tenants with their commercial property either to let or for sale.

As an independent general practice, we can assist our clients with all property related matters, from property management, rent reviews, lease renewals, valuations and investments.

Visit our website for full details - www.hootons.co.uk

Notes

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