4B Chapel Bar, Nottingham, Nottinghamshire, NG1

£10,000

Size

8,000

Lease length

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EPC

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Parking

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Price per
Primary use
Restaurant

No floor / site plan

Key features

  • Comprises large ground floor restaurant with function room at first floor
  • Family run business since 2005. Lease sale due to a retirement.
  • Comes fully equipped as seen on pictures
  • Property benefits from disabled lift between ground and first floor

Description

Property Features:
Comprises large ground floor restaurant with function room at first floor
Family run business since 2005. Lease sale due to a retirement.
VAT is applicable to this property
Comes fully equipped as seen on pictures
Property benefits from disabled lift between ground and first floor
Opening times 12pm-11pm on Monday-Saturday and 12pm-10pm on Sunday
Total area size 788 sq m (8,480 sq ft)
Occupiers close by include McDonalds, Tesco Express, KFC, Nando`s, Taco Bell and Premier Inn, amongst many others.

Property Description:
Comprises large ground floor restaurant with function room at first floor. The restaurant has been successfully run since 2005 and is now for sale due to a retirement. The property provides the following accommodation and dimensions:
Ground Floor: Entrance Lobby, Reception, Bar, 4 Restaurant Sections with 150+ covers in total, Full Commercial Kitchen, Disabled and Elderly WC, Disabled Lift to First Floor, Waiter and Service Sections, Storage
First Floor: Open plan function room, Bar, Preparation Kitchen, Staff Rooms, Storage, Male/Female WCs

Terms:
Lease assignment. The property is offered on the following terms:
Term: 10 Years from 7th August 2020 until 6th August 2030
Rent: £2,307.69 per week (PCM: £10,000) paid quarterly in advance
Rent Review: Open market rent review on 7th August 2025
Premium: £150,000
Premium can be paid in instalments.

Rateable Value:
Rateable Value - £75,500
Rates Payable - £19,328 (1st Apr 2022 - 31st Mar 2023)

EPC:
The property benefits from a C Rating. Certificate and further details available on request.
Additional information
Let type
Long
Let contract length
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Status
Available
Service charge
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Business rates
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Use class
E
Floors in building
2
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

4B Chapel Bar, Nottingham, Nottinghamshire, NG1

NEAREST STATIONS

London Tram

Royal Centre Tram Stop

0.1 miles

London Tram

Old Market Square Tram Stop

0.17 miles

London Tram

Nottingham Trent University Tram Stop

0.26 miles

About BLUE ALPINE PARTNERS LIMITED, London

BLUE ALPINE PARTNERS LIMITED, London

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

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Disclaimer - Property reference mansrestaurant2. 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 BLUE ALPINE PARTNERS LIMITED, London. 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.