The property was formerly occupied by Café Rouge and comprises 2 three story buildings fronting Regent Street with a 2-story extension to the rear which also has frontage onto Satchwell Court. The properties are constructed in a period style with rendered external finishes and sash windows to upper floors and large timber framed shop windows to the ground floor.
Internally, the property at ground floor comprises reception area, bar with back of house dish wash area, dining area and private dining area. At first floor the property comprises further seating and additional private dining room, kitchen incorporating walk in fridge freezer. WC’s are located on the third floor along with Managers Office and storeroom.
An external seating area in Satchwell Court can be made available by way of a separate license agreement and fixtures and fittings can also be made available by way of separate negotiation.
Location
The property occupies a prominent corner plot fronting both Regent Street and Satchwell Court which in turn provides access to the South entrance of the Royal Priors Shopping Centre (150,000 sq ft).
The building is situated right in the heart of the town centre, a short Walk from the Parade, the town’s primary retailing pitch. The property is located adjacent to the entrance to Regent Court where occupiers include: Nando’s, Wagamama, Turtle Bay and Cote. Furthermore, neighbouring tenants include Carluccios, Crew Clothing and Giggling Squid.
There is Pay and Display parking directly outside the property on Regent Street which extends to Regent Grove and Park Street as well as the Royal Priors multi-storey car park (450 spaces).
Accommodation
Ground Floor - 1,148 sq ft
First Floor Restaurant - 405 sq ft
First Floor Kitchen - 540 sq ft
Second Floor Ancillary - 700 sq ft
Total - 2,793 sq ft
Terms
Tenure
The property is available by way of a new full repairing and insuring lease for a term to be negotiated.
Rating Assessment
Rateable Value 2020/21: £58,500
Rates Payable: £29,952
Rent
£85,000 Per Annum excl. VAT and all other outgoings. We are advised that VAT is applicable on the rent.]
Planning
User Class E (formerly A3 Restaurant and Café)
Services
We understand that all mains services are connected to the site however, interested parties are advised to satisfy themselves that this is the case and that they are in good working order. The agents have not tested any apparatus on site and therefore cannot verify the conditions.#
EPC
E104
Specification
- Available by way of new lease
- High footfall location situated close to entrances of Royal Priors and Regent Court
- Fully fitted restaurant premises
- Two level trading with ancillary offices and WC’s on second floor
- External seating available by way of license.