Restaurant To Let
Location:
The property is located at the top part of Cheltenham High Street. There are a wealth of national brands nearby including Argos, Subway, Bet Fred, Iceland, John Lewis, Sainsburys.
Description:
The property comprises of a three-storey mid terrace Victorian brick and rendered building that has a ground floor Restaurant use (E Class) with the upper floors being used as offices and staff rooms. The unit benefits from a single WC and a disabled WC on the ground floor and staff room, staff office and WC on the upper floors.
Accommodation Schedule:
| Floor | Internal Floor Area |
| GF/restaurant | 856 sq. ft. – 79.56 sq. m. |
| GF/kitchen | 148 sq. ft. – 13.77 sq. m. |
| First | 229 sq. ft. – 21.5 sq. m |
| Second | 183 sq. ft. – 17 sq. m. |
| Total | 1,416 sq. ft. – 131.56 sq. m. |
We believe the premises fall under Class E of The Town & Country Planning (Use Classes) (Amendment) (England) Regulations 2020.
Rateable Value:
We are advised by the VOA website that the property has a Rateable Value of, £24,000; however, interested parties should make their own enquiries of the rates payable.
EPC:
The property has an EPC rating of C (75). A copy of the EPC is available upon request.
Legal Fees:
Each party to bear its own legal costs.
VAT:
The property is elected for VAT.
Terms:
A new effective full repairing and insuring lease, for a term to be agreed, subject to upward-only rent reviews every 5th year.
Rent:
£32,000 per annum, exclusive of VAT and other outgoings.
Sale:
Our client will consider the sale of freehold with vacant possession at £480,000 (four hundred and eighty thousand pounds). The sale will be subject to standard 20% VAT.
Contacts:
Huseyin Zafer- D: 020 8222 9901
M: 07918 482210
E: h.zafer@willmotts.com
Emily Bradshaw- D: 020 8222 9947
M: 07920 769395
E: e.bradshaw@willmotts.com
Varol Zafer- D: 020 8222 9946
M: 07900 224967
E: v.zafer@willmotts.com
No EPC available for this property
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