Restaurant/cafe to let in Broad Street, Pershore WR10

Location

Originally the Royal Arcade development was a coaching inn known as The Royal Three Tuns Hotel and in recent years has been converted and further developed and provides a range of high quality shops together with office units and restaurant.

The Royal Arcade is positioned towards to the centre of Pershore at the junction of the High Street/Broad Street. Pershore being a busy route side market town, approximately 9 miles from Worcester; 7 miles from Evesham and within 8 miles of junction 7 of the M5 motorway.

Description

Situated within the courtyard development the available unit comprises a ground floor retail premises with mezzanine/first floor accommodation. The premises benefit from a set of wooden double opening doors and large glazed windows. Currently fitted out as a café with associated fixings and fittings included as part of the property.

It is understood that the premises benefits from an alcohol licence. Verification should be sought from the relevant authority.

Services

Mains metered electricity and water are connected to the property.

The agent has not tested any apparatus, equipment, fixtures, fittings, or services and so cannot verify they are in working order or fit for their purpose. The applicant is advised to obtain verification from their solicitor or surveyor.

Floor area

Shop 5: 620 Sq ft (58 Sq m)

Rental

Upon Application.

Exclusive of service charge, building insurance, business rates, and all other outgoings.

Lease terms

A new Fri type lease is to be granted for a term to be agreed between parties and incorporated upward only rent reviews at appropriate intervals.

Service charge

A variable service charge is levied to cover the cost of external repairs, upkeep maintenance and management, etc of common parts and facilities. The charge is levied on a fair proportion basis.

Possession

Full vacant possession will be offered to a new tenant upon completion of all legal formalities.

Legal costs

Each party will be responsible for their own legal costs incurred in the transaction.

Business rates

2023 Rateable Value: £6,500

Up to 100% small business rate relief may be available subject to status.

EPC

D79