TO LET
Transcription
TO LET
TO LET RESTAURANT/CAFE Shearman Hall, Milk Street, Shrewsbury, Shropshire SY1 1SZ Prominently positioned town centre restaurant/ cafe Total area 2,788 sq ft (259 sq m) Busy trading location Rent: £23,000 per annum (Exclusive) hallsgb.com 01743 450 700 TO LET RESTAURANT/ CAFE Shearman Hall, Milk Street, Shrewsbury, Shropshire SY1 1SZ Location The property is located on Milk Street, which sits at a right angle to the top of Wyle Cop and the High Street. The area is picturesque, comprising a mix of Tudor, Elizabethan and Georgian architecture, either side of partly cobbled streets. Surrounding occupiers include independent boutiques, Bang and Olufsen, Rackhams Department Store, The Old Post Office public house and The Convent School. Shrewsbury is the County Town of Shropshire with a borough population in excess of 90,000 people and an estimated retail catchment in excess of 250,000 people within 30 minutes drive time. Shrewsbury Tourism Economic Impact Assessment estimates that in excess of 2.5 million people visit the town annually with an estimated tourism spend of £130,000,000. Description Rent £23,000 per annum (exclusive) Tenure The property is available to let on a Tenants Full Repairing and Insuring basis, for a term of years by negotiation. Fixtures and fittings Items usually classed as tenants fixtures and fittings including restaurant furniture, decoration and pictures, cooking and kitchen equipment, server etc may be available by separate negotiation. Rateable value We have made verbal enquiries to the local authority and have been advised as follows: - The property provides a first floor restaurant/ cafe premises wth second floor office and ground floor entrance foyer. Business Rates (2015/16): Rateable Value (2015/16): The main restaurant space is open plan and incorporates a bar area and seating for 60 covers. The accommodation has been decorated to a high standard incorporating wood effect vinyl flooring, attractive panelling to the walls and electric powered infa-red heating panels to the ceiling. However interested parties should make their own enquiries to the local authority. There are male and female WC facilities (including disabled) to the rear of the main restaaurant area, and a separate kitchen. There is also a lift which links the rear of the ground floor of the premises to the first floor restaurant. The stone mullioned windows which look down the length of the High Street are a particular feature of the accommodation and ensure there is plenty of light. Energy performance rating The property is believed to be listed therefore an EPC is not necessary. Legal costs The incoming Tenant is to be responsible for the landlords reasonable legal costs incurred in respect of the granting of the lease. Local Authority Shropshire Council, Shirehall, Abbey Foregate, Shrewsbury SY2 6ND Telephone: 0345 678 9000 Accommodation (All measurements are approximate only) Ground Floor Foyer Financial Act 1989 All figures are quoted exclusive of VAT. Any intending Purchaser should satisfy themselves independently as to VAT in respect of any transaction. First Floor Restaurant area Drink store Kitchen Kitchen store 1,078.1 sq ft (100.2 sq m) 38.6 sq ft (3.6 sq m) 239.6 sq ft (22.3 sq m) 63.7 sq ft (5.9 sq m) Second floor Offices 290.1 sq ft (27 sq m) Planning The property is understood to benefit from planning consent for A3 (Restaurant use). The property would lend itself to alternative uses, subject to statutory consents. Interested parties are advised to make their own enquiries to the local authority. hallsgb.com £16,000 £7,888 Viewing Strictly by prior arrangement with the sole agent. For more information or to arrange a viewing please contact: James Evans E: james.evans@hallsgb.com Rebecca Welch E: rebeccaw@hallsgb.com 01743 450 700 Agency / Investment / Valuation / Professional / Management / Development TO LET RESTAURANT/ CAFE Shearman Hall, Milk Street, Shrewsbury, Shropshire SY1 1SZ 01743 450 700 E:commercial@hallsgb.com F: 01743 443759 W:hallsgb.com IMPORTANT NOTICE Halls have advised their clients on the Code of Practice for Commercial Leases in England and Wales. Halls, for themselves and for the vendor of this property, or as the case may be, lessor whose agent they are, given notice that: i) These particulars are intended for guidance only. They are prepared and issued in good faith and are intended to give a fair description but do not consitute part of an over or contract. Any information given should not be relied on as a statement or representation of fact or that the property or its services are in good condition. ii) Halls have not made any investigations into the existance or otherwise of any issues concerning pollution and potential land, air and water contamination. The purchaser is responsible for making his or her own enquiries in this regard. iii) Neither Halls nor any of their employees has any authority to make or give any representation or warranty whatsoever in relation to the property. iv) The images show only certain parts and aspects of the property at the time they were taken/created. Any areas, measurements or distances given are approximate only. Any plans are for identification purposes only. v) Any reference to alterations to, or use of, any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. An intending purchaser must verify these matters. An occupier should not rely upon the Use stated in these particulars and should check their proposed use with the relevant Planning Authority . hallsgb.com Shrewsbury / West Midlands / Worcester