Franklyns Bistro, Kingsbury Street, Marlborough, Wiltshire

LOCATION
Marlborough is a very affluent and historic market town in Wiltshire lying 8 miles to the west of Hungerford and 19 miles to the west of Newbury with Swindon 11 miles to the north. There are excellent communications with the A4 providing fast access to the M4 at junction 15 at Swindon.

The subject property is located on Kingsbury Street, immediately behind the Town Hall and looks down Marlborough High Street which is the primary retail area. There are a multitude of restaurants, coffee shops and independent retailers nearby.

DESCRIPTION
The property has recently traded as a bar / restaurant but has previously been an estate agency and retail shop. The ground floor is currently largely an open plan dining area with many period features, beyond which is a bar and commercial kitchen. The rear of the property are stairs to basement, beyond which are male & female wcs’. The basement is a further open plan dining area and has a second staircase rising into the first-floor restaurant area.

ACCOMMODATION
In accordance with the RICS Code of Measuring Practice (6th Edition) the floor areas for the premises have been measured on a net internal area basis and are calculated as follows;

Ground floor - 662 sq ft (61.57 sq m)
Basement – 525 sq ft (48.82 sq m)
Total – 1186 sq ft (110.39 sq m )

SERVICES
We are advised that mains drainage, water and electricity are connected. However, we have not verified the existence or tested any of the service installations and advise that interested parties make their own investigations as to their state and condition.

TERMS
The property is available on a new effective full repairing and insuring lease at an asking rental of £18,500 per annum exclusive with terms to be agreed.

EPC RATING (This is how energy efficient the property is)
In accordance with the regulations an EPC has been requested.

RATES
The rateable value for the property is £11,750. The rates that you pay will depend upon individual circumstances of your business. Enquiries should be made to the local billing authority - Wiltshire Council.

VAT
All prices quoted are exclusive of VAT.

LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction.

PLANNING
The premises most recent use was that of restaurant within Class E