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Please contact us on 0116 222 7575 for more info...

1677sqft Commercial Premises

Queens Road, Leicester, Leicestershire

£35,000 (per annum)

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Key Features

  • 1677 ft2

Readings Property Group are pleased to bring to market this unique restaurant / bar located on Queens Road. The premises is fully fitted and ready to trade immediately.
The ground floor has a total area of 98.8sqm (1063sqft) and accommodates a bar area with seating for approximately 30 and an additional 20 covers outside. The kitchen is fully fitted and includes a cold storage room.

The first floor provides a restaurant area which accommodates approx 50 covers, and measures a total of 57sqm (614 sqft). There is a balcony / terrace accessed from the first floor fronting Queens Road.

    Location

    The property is located on Queens Road, which is situated in the popular area of Clarendon Park. Queens Road accommodates a number of niche, independent local and national established businesses.

    Ground Floor

    Bar section 5m x 5.5m
    Bar/seating area 9.2m x 5.7m
    Kitchen 5.32m x 3.56m with cold room

    Total ground floor area of 98.8sqm (1063sqft)

    Separate disabled, gents and ladies wc facilities

    First Floor

    Stairs lead to first floor restaurant area where there are up to 50 covers

    Restaurant area 9.2m x 4.7m plus raised area 5.6m x 2.5m

    Total restaurant area 57sqm (614sqft)

    Store room 2.8m x 3.6m
    Partitioned office 2m x 2.5m

    Terms

    A new full repair and Insuring lease to be agreed for a minimum of 3 years at a commencing rental of £35,000 per annum.
    Plus Goodwill, Fixtures & Fittings: £30,000

    Rating Assessment

    Rateable value is £16,500.

    UBR (2018/19) 0.493

    Estimated rates payable (2018/19) £8,134.50

    Prospective tenants are required to confirm rates payable with the local authority and any questions regarding rates relief must be raised with the local authority.

    Energy Performance Certificate

    EPC Rating - C

    Legal Costs

    The ingoing tenant will be responsible for the landlord's reasonable legal costs for the preparation of the lease.

    Services

    The services, fittings and appliances (if any) have not been tested by the agents.

    Application Fee

    Individual / Sole Trader £150 plus VAT.
    If Company, then a guarantor application will be required too. This will cost £250 plus VAT.

    In addition two trade references are required.

    Viewing

    Strictly by appointment with sole agent, Readings Property Group, 48 Granby Street, Leicester LE1 1DH (Hassan Gaffar). (0116) 2227575

    Agent Notes

    CONSUMER PROTECTION LEGISLATION - These letting details have been written to conform to Consumer Protection Legislation. Whilst we endeavour to make our Details accurate and reliable, if there is any point of particular importance to you, please contact the office and we will check the information for you, particularly if contemplating travelling some distance to view. Measurements are given in good faith and whilst believed to be accurate these should be checked by the prospective tenant for verification. The measurements are carried out in accordance with the RICS and ISVA code of measuring practice.

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