Delaneys, 8-9 The Regent Shopping Mall, Newbury Street, Wantage, OX12 8BU

Description
The property known as Delaney's is located at first floor and mezzanine level within The Regent Shopping Mall in Wantage Town Centre. The property benefits from street entrance for customers to the front via Newbury Street and trade access to the rear.
The property is configured as follows:
First floor - spacious reception area with bar-servery, open kitchen-counter and customer WCs leading to the main entertainment area with stage and seating. At mezzanine level is the majority of customer seating, customer WCs and external "smoking/vaping" area in an walled balcony.
Ancillary space includes staff and "green room" and good sized vacant space currently used for storage.
We understand the premises can accommodate up to 350 customers (subject to FRA and licensing conditions).

Location
Wantage is a historic market town and civil parish in Oxfordshire, although within the boundaries of the county of Berkshire, it is administered as part of the Vale of White Horse district of Oxfordshire. The town is located 17 miles south-west and north of Oxford and Newbury.
The town is home to a typical mix of major high street brands, independent shops, restaurants, entertainment, and historic sites.
Wantage has a population of 13,106 (2021 Census).

Viewings
Please contact letting agents Savills. Please do not approach the business directly. Viewings are by appointment only.

Terms
Leasehold. A new Full Repairing and Insuring Lease may be granted at an initial rent of £32,000 per annum exclusive of VAT. Terms are to be agreed.
Freehold. Offers may be considered for the benefit of the freehold title ON92216 which includes several long leases for terms of 125 to 999 years. Further details can be provided.

Premises Licence
The property benefits from a premises licence (LAPREM/16272/22) which permits the following activities:
Sale of alcohol -
Sunday - Thursday 12:00 PM to 11:00 PM
Friday - Saturday 12:00 PM to 02:30 AM

Planning & Conservation
We understand the property has traded as a late night licensed premises. For established planning use under the Town and Country Planning (Use Classes) Order 1987 (as amended), please seek independent advice. The likely uses may be Class E or Sui Generis.
The property is not listed and is located in the Wantage Town Centre Conservation Area.
The area is administered by the Vale of White Horse District Council.

Legal Costs
Each party to be responsible for their own legal costs incurred in the transaction.

VAT
Unless otherwise stated terms are exclusive of Value Added Tax and interested parties should seek specialist advice if needed.

Services
We understand all mains services are connected.

Energy Performance
The property has an EPC rating of D-97

Rateable Value
£23,250 (From 01/04/23)
Rates payable at 49.9p in the £ (year commencing 1st April 2023)