Restaurant/cafe to let in Wellington Road South, Stockport SK1

Location

Hot food takeaway premises occupying a prominent along Wellington Road South on the edge of Stockport Town Centre and close to the junction of Wellington Street and Station Road.
The property is located across from both McDonalds fast food restaurant and Stockport Garrick Theatre, and is along a parade featuring Stockport Central Library.

Description

The property is a three storey plus basement mid terrace takeaway premises of brick construction beneath a pitched slate roof. The whole property is available and briefly consists of a ground floor and basement takeaway unit, with internally accessed two-bedroom flat over.
The basement and ground floor takeaway element offers a ‘turn key’ opportunity for an incoming tenant to take over the existing fixtures and fittings, subject to agreement of a premium payment with the outgoing tenants. The accommodation provided on first and second floors require refurbishment and consists of lounge, 2 bedrooms, kitchen and bathroom.

Accommodation

As measured on a net internal basis (NIA) for the commercial and a gross internal area basis (gia) for the residential elements in accordance with the RICS Property Measurement 1st Edition: -
Takeaway
Basement 43.9 Sq. M. 473 Sq. Ft.
Ground 44.6 Sq. M. 480 Sq. Ft.
Flat
First 39.7 Sq. M. 427 Sq. Ft.
Second 39.7 Sq. M. 427 Sq. Ft.
Total 167.9 Sq. M. 1807 Sq. Ft.

Plus W/C facility to the rear of ground floor takeaway.

Terms

The premises are available on a new Fri (fully repairing and insuring) lease for a minimum of 10, subject to 5 yearly rent reviews and all other terms to be agreed.

Rent

£15,000 per annum

Business rates/ council tax

Ground floor commercial unit
Rateable Value (2017 List) - £7,600
100% Small Business Rates Relief may be available depending on the ingoing tenants’ individual circumstances. Interested parties are advised to make their own enquiries with the local authority.
First & Second Floor flat
Council Tax – Band A

EPC

C (69)

Services

We understand that mains gas, electric, water and drainage are connected to these premises.

Legal costs

The ingoing tenant is to be responsible for the landlords’ reasonable legal fees in the preparation of the lease.

VAT

We understand that VAT is not applicable to the rent on this unit.