To Let - Fully fitted restaurant

128 London RoadDerby, DE1 2SR

£20,000 per annum

1,658 Sq Ft (154 Sq M)

Key Features -

  • Rent: £20,000 per annum
  • 1,658 Sq Ft (154 Sq M)

  • Prominent corner position facing Midland Road
  • Recently refurbished
  • 55 covers and takeaway
  • Goodwill and F&F available by negotiation
  • City Centre location
  • Near new Nightingale development of 800 homes

Location

The restaurant to let is situated 0.7 miles southeast of Derby City Centre on London Road (The A5194). London Road is a main arterial route linking the City Centre with the outer Ring Road.

It is a popular mixed use location with an excellent range of hotels, restaurants and eateries close by. The restaurant is just 0.1 miles south of the new Nightingale Quarter development, incorporating nearly 800 city centre homes amid six acres of green open space, parkland and gardens.

Derby Train station is just 0.2 miles to the east.

Description

Business for sale. Fully fitted restaurant with 55 covers, commercial kitchen, food prep, stores, walk in fridge. Totally refurbished.

The ground floor provides a meet and greet reception, trading area, kitchen and customer WC's. To the lower ground floor is a food prep area, pot wash, walk in fridge and staff WC's.

The works to refurbish the restaurant were undertaken in 2019 and this included a total rewire and replumbing.

The restaurant fixtures, fittings, furnishings and goodwill are available for a premium with offers invited, based on a £500,000 pa turnover (21/22 accounts).

Accommodation

The accommodation has been measured on a Net Internal Area (NIA) in accordance with the RICS Code of Measuring practice.

Floor Sq Ft Sq M
Lower Ground Floor 401 37
Ground Floor 1,258 117
Total1,659154

Services

All mains services to include three phase electricity and gas are connected to the property.

Rating

The property is currently listed as an shop and premises on VOA.gov.uk. Please check the valuation office website for any rates incentives. Subject to status you may qualify for 100% rates relief.

Rateable Value: £8,300

Tenure

Leasehold

Restaurant to let by way of a new lease for a term of years to be agreed.

Price

Rent: £20,000 per annum

VAT

All figures are quoted exclusive of VAT, we are advised the property is registered for VAT which is applicable at the prevailing rate.

EPC

D(93)

Viewing

Please check our website for a virtual tour.
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.

Anti-Money Laundering (AML)

Any offer accepted is subject to completing AML checks.

Paper Copying Licence

100062569

Note

Plans, maps and drawings are not to scale.

Particulars Updated

28-Apr-2022

Omeeto

Please check our website for a suite of photos, videos and virtual tour. Users can also access our data room for various property documents.

Dining area Storage

Important Notice

  1. Omeeto are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made by word of mouth or in writing.
  2. These particulars do not form part of any offer or contract and “information” must not be relied upon as statements, representations or facts.
  3. All measurements, areas and distances are approximate and for guidance. All descriptions, conditions, permission for use and occupations should not be relied upon and it should not be assumed that the property has all necessary planning, building regulation or other consents. Services, equipment and facilities etc have not been tested. Any interested party must satisfy themselves on these matters by inspection, independent advice or otherwise.
  4. Photos, video’s, virtual tours etc show only certain parts of the property as they appeared at the time of inspection.

Map data ©OpenStreetMap contributors.


Important Notice

  1. Omeeto are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made by word of mouth or in writing.
  2. These particulars do not form part of any offer or contract and “information” must not be relied upon as statements, representations or facts.
  3. All measurements, areas and distances are approximate and for guidance. All descriptions, conditions, permission for use and occupations should not be relied upon and it should not be assumed that the property has all necessary planning, building regulation or other consents. Services, equipment and facilities etc have not been tested. Any interested party must satisfy themselves on these matters by inspection, independent advice or otherwise.
  4. Photos, video’s, virtual tours etc show only certain parts of the property as they appeared at the time of inspection.

Map data ©OpenStreetMap contributors.

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