A restaurant being sold as seen with 46 covers and fully equipped kitchen. The property may be suitable for retail uses with permitted change.
The property comprises a ground and first floor brick building under a pitched tiled roof. The main entrance leads into the restaurant which has tiled floor, timber boarded walls and suspended ceiling with inset lights. To the rear there is a bar area with further door leading to a fully equipped kitchen. Stairs lead to the first floor where the restaurant is extended to include a total of 46 covers. The first floor has a timber boarded floor, painted walls and ceiling with inset lights. There are male and female toilets on the first floor as well as a store/rest room.
The property is being sold as seen to include all the fixtures and fittings and the property.
The property is situated on the A34 London Road just off the pedestrianised area of Newcastle-under-Lyme Town Centre. Newcastle-under-Lyme is the administrative centre for the Borough and has major retail and leisure facilities within the Town Centre. Newcastle-under-Lyme has a resident population of some 75,250 (Census 2011) and is part of the North Staffordshire conurbation which has a combined population of some 469,000 (Census 2011). The property is a prominent restaurant facing onto the A34 with car parking close by.
Restaurant/Bar Area 554 sq.ft (51.36 sq.m)
Kitchen 169 sq.ft (15.70 sq.m)
Restaurant 332 sq.ft (30.84 sq.m)
Male and Female Toilets
Store/Rest Room 39 sq.ft (3.62 sq.m)
total floor area 1,094 sq.ft (101.63 sq.m)
All mains services are believed to be connected and include gas fired central heating.
The voa website advises the rateable value for 2017/18 is £6,000. The standard non-domestic business rates multiplier is 47.9p. The small business multiplier is 46.6p up to a rateable value of £51,000. The Small Business Rate Relief will increase to 100% for businesses with a rateable value of up to £12,000 and a tapered relief for rateable values between £12,000 and £15,000.
Bjb recommends interested parties make their own enquiries into the business rate payable any further business rate relief which may be available.
Strictly by appointment via bjb commercial, Head Office, Lake View, Festival Way, Stoke-on-Trent ST1 5BJ. Telephone . Opening hours are 9.00-5.30pm, Monday to Friday.
For all enquiries other than viewings please contact;
Richard Day BSc(Hons)mrics
As the Sellers agent, we are not Surveyors or Conveyancing experts and as such we cannot and do not comment on the condition of the property or other issues relating to title or other legal issues that may affect this property, unless we have been made aware of such matters. Interested parties should employ their own professionals to make such enquiries before making any transactional decisions. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Lease details, service charges and ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. The copyright of all details, photographs and floorplans remain the possession of bjb.