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Restaurant to lease

Treasury Building, Palmyra Square South, Warrington, WA1 1BL

£4,583 pcm
£55,000 pa

£19.96 per sq ft

Business rates & charges may apply

Morgan Williams Commercial LLP, Warrington
SIZE AVAILABLE

2,755 sq ft

256 sq m

SECTOR

Restaurant to lease

Lease details

Lease available date:
Now
Lease type:
Long term

Key features

  • Unique Opportunity
  • Fully Fitted
  • Prime Position in Building
  • Best Location in Town
  • Ready for Immediate Trade
  • Overlooking Queens Gardens
  • Includes Alfresco Terrace
  • Currently No. 2 on Trip Advisor

Description

The Treasury Building is one of the finest landmark buildings in Warrington, that has been lovingly restored to its former glory by the current Landlord.

The subject property, Vandal Bar/Restaurant, occupies the front left main floor and benefits from its own dedicated entrance at the top of the external stone main entrance stairway.

We are delighted to offer the opportunity to acquire this fully fitted and ready for trade Leasehold restaurant business.

The property comprises a lovely lounge bar/restaurant area, open dining kitchen, wc facilities and external roof terrace.

The premises has a fitted bar, tables, chairs, cutlery, glassware and a fully fitted kitchen and the full list of items included in the sale is attached.

The current trading operation benefits from the following covers:-

Front room and Bar 34. Restaurant 35. Kitchen 16. Out on front terrace 24. Roof terrace 30.

The fully trading business and Lease are available to purchase, enabling turn key trade from day 1. This includes all future bookings, intellectual property and social media, currently appearing second on Trip Advisor.

The current Rateable Value is under £12,000, which means that qualifying small businesses should be zero rated for the time being.

The Treasury Building is situated at the junction of Palmyra Square and Springfield Street, overlooking Queens Gardens within the Cultural Quarter.

The property is situated between the Parr Hall and The Pyramid Art Centre. Golden Square and the retail core and Time Square, the leisure core, are both within 5 minutes walk.

Mains electricity, gas, water and drainage are connected.

A new long term lease is available direct from the Landlord at a commencing rental of £55,000 per annum.

We are advised that the property is not currently registered for VAT.

The trading business lease and all fixtures and fittings etc is available for a one off premium of £130,000 plus VAT. The full inventory of fixtures and fittings is attached within the brochure.

Brochures

Treasury Building, Palmyra Square South, Warrington, WA1 1BL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Warrington Bank Quay Station0.2 miles
  • Warrington Central Station0.3 miles
  • Warrington West Station1.7 miles

About Morgan Williams Commercial LLP, Warrington

720 Mandarin Court Centre Park Warrington WA1 1GG

As one of the longest established and best known professional Chartered Surveyors and Commercial Estate Agents in Warrington, we take pride in offering a quality service throughout Warrington, Leigh, Cheshire, Merseyside and surrounding areas.

Morgan Williams Chartered Surveyors has built a reputation of providing quality service to a growing client base of corporate, local authority and private customers. We can advise on various aspects of commercial property. In addition to sales, lettings and investments, we offer advice on landlord and tenant matters, valuation, compulsory purchase, rating appeals and development.

Notes

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Disclaimer - Property reference 302955-2. 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 Morgan Williams Commercial LLP, Warrington. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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