£29,500 pa
(£29,500.00/sq. ft. pa)
Restaurant to letThe Oldway Centre, Monnow Street, Monmouth NP25
1 sq. ft
Just added
Furnished
Business
About this property
The property forms part of a mews of shops and appears to be constructed mainly of brick with rendered and colourwashed elevations. This is a well planned and easy to operate restaurant set over two floors, with the ground floor having a galley style kitchen and the first floor having extra seating. Our clients operate the business as a Bangladeshi and Indian Restaurant during the evening. However, it would suit any restaurant or café style.
Trade areas
ground floor
Front entrance with stairway to first floor and entrance to the ground floor, open plan trading area. This area has part tongue and groove panelled walls, fixed, upholstered wall seating and loose matching ladderback chairs for 35 customers. Open plan kitchen with five-section extraction unit. The kitchen is comprehensively equipped with stainless steel catering effects, a wash-up, a utility room and ancillary storage. Staff WC. Rear access to communal bin area. Connected to the open plan kitchen is the bar servery with panelled front and epos till system.
Note: There is an additional staircase to the rear of the building which leads to the first floor and is used by staff.
First floor
Fixed, wall upholstered seating and rattan chairs for 40 customers. Feature floral wallpaper and laminate flooring throughout. Bar servery with panelled front and mirror back display. Ladies’ and gentlemens toilets.
External
To the front of the premises is seating for eight customers. However, in the evenings, the adjoining shop allows Kutir to utilise their outside area which can seat 15 customers.
Leasehold £29,500 to include goodwill and trade fixtures and fittings. Stock at valuation in addition.
Fixtures & fittings – Recently, Kutir has had a new extraction unit fitted as well as a new boiler.
Kutir is held on a part repairing and insuring lease from a private individual for a term of seven years, commencing 15 April 2026. The lease falls within the security provisions of the Landlord & Tenant Act 1954 and is fully assignable. Rent is £18,500 per annum, paid monthly in advance. The next rent review is due on 30 November 2028. The lease is free of all trade ties.
No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.
Trade areas
ground floor
Front entrance with stairway to first floor and entrance to the ground floor, open plan trading area. This area has part tongue and groove panelled walls, fixed, upholstered wall seating and loose matching ladderback chairs for 35 customers. Open plan kitchen with five-section extraction unit. The kitchen is comprehensively equipped with stainless steel catering effects, a wash-up, a utility room and ancillary storage. Staff WC. Rear access to communal bin area. Connected to the open plan kitchen is the bar servery with panelled front and epos till system.
Note: There is an additional staircase to the rear of the building which leads to the first floor and is used by staff.
First floor
Fixed, wall upholstered seating and rattan chairs for 40 customers. Feature floral wallpaper and laminate flooring throughout. Bar servery with panelled front and mirror back display. Ladies’ and gentlemens toilets.
External
To the front of the premises is seating for eight customers. However, in the evenings, the adjoining shop allows Kutir to utilise their outside area which can seat 15 customers.
Leasehold £29,500 to include goodwill and trade fixtures and fittings. Stock at valuation in addition.
Fixtures & fittings – Recently, Kutir has had a new extraction unit fitted as well as a new boiler.
Kutir is held on a part repairing and insuring lease from a private individual for a term of seven years, commencing 15 April 2026. The lease falls within the security provisions of the Landlord & Tenant Act 1954 and is fully assignable. Rent is £18,500 per annum, paid monthly in advance. The next rent review is due on 30 November 2028. The lease is free of all trade ties.
No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.
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