Where is the Restaurant located?
Burton-on-Trent is a major commercial centre in East Staffordshire, approximately 11 miles south-west of Derby.
The property is situated on Guild Street, approximately 0.3 miles north of Burton town centre and 0.4 miles from Burton railway station. Nearby occupiers include Sainsbury's, Tim Hortons and KFC, together with a range of independent businesses.
The property forms part of The Ritz, a landmark Grade II Listed former cinema building, and is close to Coopers Square shopping centre and its pay and display car park. The location benefits from convenient access to Burton town centre together with good public transport links.
What does the Restaurant comprise?
Substantially fitted restaurant and banqueting venue with capacity for approximately 180 covers, offering an incoming operator the opportunity to rent a premises with an extensive existing hospitality fit-out.
The self-contained, air-conditioned accommodation includes a large restaurant and dining area, reception, bar, commercial kitchen, preparation area, cold store, manager's office and WC facilities.
The existing layout and fit-out make the premises particularly well suited to restaurant, buffet, banqueting and hospitality operators, with potential for alternative uses subject to the necessary consents.
Coopers Square pay and display car park is nearby.
How has the Restaurant been measured?
The accommodation has been measured on a Net Internal Area basis (NIA), in accordance with the RICS Code of Measuring Practice. Measurements have been taken from the VOA and should be checked.
What has the property been used for?
We believe the property has been used under Class E (Commercial, Business and Service) of the Town and Country Planning (Use Classes) Order 1987 (as amended) but may be suitable for a range of professional uses STP. All parties should confirm the planning position with the relevant Local Authority. The property is Grade II Listed. List Entry: 1392330.
Are there Utilities?
All mains services are connected to the property with its own sub-meter. The agents give no guarantee in respect of connectivity or capacity and interested parties must rely on their own investigations.
What is the Rateable Value?
The property is currently listed as a restaurant and premises on VOA.gov.uk.
Small Business RHL Multiplier: 38.2p (RVs below £51,000)
Rateable Value: £36,000
Estimated Rates Payable: £15,552
How is the property offered?
Leasehold
Venue to let by way of a new lease for a minimum term of 3 years. If a new or unestablished business parties are advised a 6 month rental deposit will be required.
How much is the Rent, and is VAT payable on top?
Rent: £35,000 per annum. All figures are quoted exclusive of VAT, we are advised the property is registered for VAT which is applicable at the prevailing rate.
What are the viewing arrangements?
Please contact us or visit www.omeeto.co.uk for full details. Physical viewings with proceedable parties can be arranged on request by contacting our commercial property agents. OMEETO do not take any responsibility for any loss or injury caused whilst carrying out a site visit.