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.
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).
The accommodation has been measured on a Net Internal Area (NIA) in accordance with the RICS Code of Measuring practice.
|Lower Ground Floor
All mains services to include three phase electricity and gas are connected to the property.
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.
Restaurant to let by way of a new lease for a term of years to be agreed.
Rent: £20,000 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.
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.