SITUATION The property is located in the centre of Stratford upon Avon, one of England’s most historic and popular towns, which attracts many thousands of visitors from around the world each year. The restaurant occupies a prominent corner location on Guild Street.
DESCRIPTION An attractive three storey property refurbished approximately 5 years ago and fitted out to a high standard. The property is currently laid out as a ground floor restaurant with approximately 32 covers, a first floor restaurant with a further 24 covers and a panoramic roof top terrace with additional covers.
Ground floor Bar and restaurant with disabled WC.
First floor Restaurant, male and female WC’s, staff room and fully fitted catering kitchen with dumb waiter.
Roof terrace Bar area with seating.
FLOOR PLANS Plans of the building are available from the Agents.
OPTION 1 To Let – The premises are offered on a lease for a term of years to be agreed on full repairing and insuring terms at an initial rent of £35,000 per annum, together with an ingoing premium of £25,000 towards the fixtures and fittings. An inventory is available for the ingoing tenants.
OPTION 2 For Sale – Offers are invited in the region of £625,000 for the freehold interest with vacant possession.
RATEABLE VALUE £24,500.
INVENTORY The premises are fitted out as a restaurant with excellent catering equipment together with tables and chairs. These items will form part of any freehold sale. If the property is let there will be an ingoing premium to cover these fixtures and fittings.
SERVICES We understand all main services are connected to the property.
LEGAL COSTS The ingoing tenant/purchaser will be responsible for both side’s costs in this matter.
VAT will be payable where applicable.
VIEWING Strictly by appointment with the sole Agent.