Location
This opportunity is located on Clayton Street which is a busy, predominantly retail, street running through the centre of the City and is one of the routes that links the Central Station with the main shopping district.
The premises are within easy walking distance of the main shopping district and this part of the City can also be easily reached via the public transport network. Other nearby occupiers include the O2 live music venue and My Delhi restaurant and there are also hotels and student flats close by.
Business Opportunity
This is a well-established café and restaurant site which would be suitable for a variety of food and drink uses, subject to any required planning.
The premises are laid out over 3 floors with the kitchen plus toilet facilities in the basement and the service and dining spaces on the ground and first floor. There is a dumb waiter from the kitchen (extraction installed) to the ground floor which makes service simpler.
The layout could be adapted to suit any new business model and there are excellent levels of passing trade with the nearby hotels and student halls offering potential captive trade.
Premises
Comprises the basement, ground and first floor of a five storey terraced property.
Basement
Kitchen 16 sq.m (172 sq.ft.)
Stores 13 sq.m (140 sq.ft.)
Public Toilets
Staff Toilets
Ground Floor
Restaurant 27.6 sq.m. (300 sq.ft.)
First Floor
Restaurant 15 sq.m. (161 sq.ft.)
Fixtures & Fittings
A full inventory would be made available prior to an exchange of contracts.
Rates
The premises are assessed as follows:
Rateable Value £9,100 (from April 2023)
Rates free subject to individual status.
Tenure
A new FRI lease for a term to be agreed is available. The rent will be £16,980 per annum and the ingoing tenant will be responsible for the landlord’s legal costs in the preparation of the new lease. A rent bond of 4 months will also be required by the landlord.
EPC
Rating - C
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
