Where is the Restaurant Bar located?
The building is superbly positioned at the busy Cathedral Road/Queen Street/Full Street junction, within the Cathedral Quarter of Derby City Centre.
All city centre amenities are within easy reach; including Derbion shopping centre, the Market Place and Derby Bus Station which are within a 0.5 mile walk. Nearby occupiers include Derby Cathedral, South Derbyshire Magistrates Court, Derby Museum along with a range of town centre shops, restaurants, cafes and professional services.
What does the Restaurant Bar comprise?
Highly Prominent Class E premises. Suitable variety of uses. Retail, Professional, Health, Leisure Etc. Currently fitted as Restaurant Bar. Free of Tie. Licenced unit until 3am. 274 person Fire Certificate Capacity. With commercial kitchen. Located in the Cathedral Quarter. Available on a new lease.
3 Staff parking spaces included. Ample customer parking in Pay & Display.
How has the Restaurant Bar been measured?
The accommodation has been measured on a Net Internal Area basis (NIA), in accordance with the RICS Code of Measuring Practice. Areas have been provided by the client and should be confirmed.
What has the property been used for?
We believe the property has traded as Restaurant Bar Premises 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.
Are there Utilities?
All mains services are connected to the property. 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 bar and premises on VOA.gov.uk. Please check the valuation office website for any rates incentives. Subject to status you may qualify for small business rates relief.
Rateable Value: £26,500
Estimated Rates Payable: £13,224
How is the property offered?
Freehold
Restaurant to let by way of a new lease on terms to be agreed.
How much is the Price?
£Rent on Application. All figures are quoted exclusive of VAT, we are advised the property is registered for VAT which is applicable at the prevailing rate.
Is Service Charge Payable?
Is payable for the running, maintenance and up keep of the building structure, common, shared and external areas.
Service charge budget: £2,350.00 per annum
What is the EPC rating?
What are the viewing arrangements?
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.