55B Corporation Street, Coventry

55b Corporation Street, Coventry CV1 1GX

Fully fitted city-centre restaurant to let — ground floor and basement

A substantial, fully fitted restaurant occupying a prominent position on Corporation Street in the heart of Coventry city centre, a short walk from the Upper Precinct, the Belgrade Theatre and Coventry University.

The ground floor provides an open-plan dining area with a full commercial kitchen, and the basement provides ancillary storage and preparation space.

The premises were fitted out to a high standard and traded as a restaurant until recently; the kitchen, extraction, refrigeration, front-of-house furniture and equipment remain in place and are available to an incoming operator, allowing the restaurant to be brought back into use without a fit-out programme.

Restaurant/café use is confirmed by a certificate of lawful development (LDCP/2021/3052).

Fixtures, fittings and equipment: an ingoing payment is required for the fixtures, fittings and equipment, which are available to the incoming tenant by separate agreement. Inventory and terms on application.

Terms - Rent: £60,000 per annum exclusive. No VAT is payable on the rent.

Fixtures, fittings and equipment: OIRO £200,000 by separate agreement.

New sublease of the ground floor and basement for a term to be agreed, contracted out of the Landlord and Tenant Act 1954, subject to superior landlord's consent and to contract. Rent exclusive of business rates, insurance and utilities.

Rateable value: £31,250 (2026 list). Interested parties should make their own enquiries of Coventry City Council as to rates payable and any relief available.

Extraction system in place; planning permission to be regularised — details on request.

EPC: B.

Viewings - strictly by appointment through Tutis Estates, .