DRAFT DETAILS Prime Unique Bar/Restaurant opportunity No Longer Listed High Street, Quorn, Loughborough

LE12 8DT

£49,950 per annum (please check the VAT status)

2,560 Sq Ft (237.8 Sq M)

Restaurant - No Longer Listed - please contact the office to discuss your requirement.

Restaurant - No Longer Listed

External Ground Floor Bar/Restaurant

Description
Documents

Why choose High Street, Quorn, Loughborough LE12 8DT? - No Longer Listed

Rent: £49,950 per annum (please check the VAT status)
2,560 Sq Ft (237.8 Sq M)
Affluent location, nothing else available in Quorn
Capacity for 50 seater restaurant
Self contained living accommodation on upper floor
Ability to Airbnb / let for approx income £25k pa
Fully fitted kitchen in living accommodation
Rear outdoor beer garden approx 90 sq ft

Where is the DRAFT DETAILS Prime Unique Bar/Restaurant opportunity located?

The property is located in Quorn, an affluent village near Loughborough. The village has lots of history and dates back to the 16th century, with charming cottages and original buildings. There are a number of eateries and popular pubs located on the High Street. The village is built around the A6 dual carriageway with easy access to M1.

What does the DRAFT DETAILS Prime Unique Bar/Restaurant opportunity comprise?

The property comprises an attractive three storey building of cavity blockwork and brick construction under a pitched roof. The restaurant and bar is over the ground floor and benefits from a rear beer garden and additional outdoor seating. The restaurant is fully fitted and ready for immediate occupation.

The first and second floors provide living accommodation and can be let separately. There is scope to generate additional income from the upper floors as holiday lets such as Airbnb. The ground floor is predominately open plan and the upper floors provide a 4 bedroom apartment which could be let as a whole or 2 self contained 2-bed apartments.

The premise benefits from licensing activities as follows;
Sunday to Thursday: xxx am to xx pm
Friday & Saturday: xx am to xx pm

How has the DRAFT DETAILS Prime Unique Bar/Restaurant opportunity been measured?

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

Floor	Sq Ft	Sq M
Ground - Bar/Restaurant	1,517	140.93
1st Floor - Living accommodation	925	85.93
2nd Floor - Living accommodation	118	10.96
Total	2,560	238

What has the property been used for?

The ground floor has a permitted use as a restaurant (Use Class A3) and the upper floors as residential.

Are there Utilities?

It is to our understanding that all mains services are available at the property.

What is the Rateable Value?

The property is currently listed as a restaurant and premises on VOA.gov.uk.

Rateable Value: £22,500

How is the property offered?

Leasehold

A new, full repairing and insuring lease for a term of years to be agreed, with upwards only rent reviews.

How much is the Rent?

Rent: £49,950 per annum. VAT is not applicable

What is the EPC rating?

TBC

What are the viewing arrangements?

Check our website for a virtual tour, physical viewings can be arranged by contacting OMEETO or our joint agents Landa Associates 0115 772 2525. We 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

30-May-2023

Omeeto

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

Important Notice

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.
These particulars do not form part of any offer or contract and “information” must not be relied upon as statements, representations or facts.
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.
Photos, video’s, virtual tours etc show only certain parts of the property as they appeared at the time of inspection.

Contact

Chris Wright
01332 840328
07471 072799
chrisw@omeeto.co.uk

Important Notice

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.
These particulars do not form part of any offer or contract and “information” must not be relied upon as statements, representations or facts.
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.
Photos, video’s, virtual tours etc show only certain parts of the property as they appeared at the time of inspection.

Back to search Book a viewing

Contact

Chris Wright
01332 840328
07471 072799
chrisw@omeeto.co.uk

External

Ground Floor Bar/Restaurant

Ground Floor Bar

1st Floor Kitchen