Restaurant/cafe to let in Lawkholme Lane, Keighley BD21

Location

The property is situated on the fringe of Keighley Town Centre, with frontage to Alice Street. Lawkholme Lane is an important link between Keighley Town Centre and the A650. Access to the A629, Skipton Road, is a few metres to the east.

The Lawkholme Lane/Hard Ings Road junction incorporates a McDonalds Drive-Thru, kfc and Keighley Retail Park, which includes occupiers such as Halfords, Currys/pc World, Pets at Home, Greggs and Poundstretcher. The Airedale Shopping Centre is a short distance to the south, which includes many national multiple retailers.

The building forms part of Aire Valley Business Centre, and is close to a large J Sainsbury Supermarket, which also includes an Argos Store and near to a large Asda Supermarket.

Nearby are a number on industrial and trade counter occupiers including R N Wooler & Co. Builders, Howdens, Keighley Motor Factors, Dulux Distribution, Regal Blinds and Eurocell Keighley.

Description

The unit comprises lower ground floor/ground floor premises, occupying a prominent corner position, at the junction of Lawkholme Lane, and Alice Street. The unit has substantial frontage to Lawkholme Lane, and loading/pedestrian access from Alice Street, from the shared yard area.

The unit comprises a substantial former retail showroom unit, with solid floor, suspended ceiling, and LED lighting. It has staff, storage and toilet facilities, as well as a rear/side entrance to facilitate disabled access etc.

Accommodation

The units provides the following gross internal floor areas:

Retail/Showroom, Stores and
Toilets 709.96 sqm (7,642 sqft)

Additional Storage 42.55 sqm (458 sqft)

Services

We understand that all mains services are connected to the property.

Lease

The property is offered to let on a new full repairing and insuring lease for a term to be agreed.

Rental

£25,000 per annum exclusive.

Service charge

The property has a current service charge, to include all external repairs, repairs to common areas, utilities, and insurance etc of £30,875.43 pa plus VAT

Business rates

The unit is assessed for Uniform Business Rates as follows:-

Rateable Value: £17,750

The Uniform Business Rate for 2021/2022 is 51.2 pence in the £.

Due to transitional relief provisions and personal circumstance of prospective tenants, interested parties are advised to check with the Local Rating Authority as to their current rates liability.

Legal costs

The ingoing tenant is to be responsible for both parties’ legal costs incurred in the transaction.

VAT

Our client has elected to charge VAT.

Energy performance certificate

The property has an EPC Rating of C (75)

Anti-money laundering

In accordance with Anti-Money Laundering Regulations, two forms of id and confirmation of the source of funding will be required from the successful tenant.