Location
This business opportunity occupies the ground floor of a modern office building just behind the Law Courts and off the Quayside. This is a popular location for quality restaurants and bars and nearby occupiers include Dood, The Broad Chare and St Vincents.
This part of the City also has a large number of hotels that includes Malmaison and the brand new Dakota Hotel which is going into Quayside House.
Business
This bar and restaurant business opened as the Silk Room in 2005 and quickly established a reputation for the quality of food and service levels. The food had an emphasis on local produce with a modern British menu that included fish and meat dishes.
The business won a number of awards over the years but recently ceased trading as the owner wished to concentrate on their other business commitments.
The space is all on one floor and is configured with a dining room at the front and then service and kitchen facilities towards the rear. There is a separate bar and waiting area as you walk into the unit and the dining room was fully refurbished to a high standard in 2022.
The unit is ready to occupy by a new operator and viewing is recommended to appreciate the fit out and the opportunity that the space offers .
Accommodation
Ground Floor
Bar & Restaurant 810 sq.ft. (75 sq.m.)
Kitchen 205 sq.ft. (19 sq.m.)
Ladies Toilets
Gents Toilets
External
Pavement Seating Area
Tenure
The premises will be offered on a new sublease at a rent of £24,250 per annum plus VAT for a period expiring no later than December 2030. Full terms to be agreed and a rent bond will be required.
Services
Electricity, Water and Gas are installed.
EPC
Rating – tbc.
Business Rates
The premises are assessed as follows:
Rateable Value £21,750
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
