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Refurbished Restaurant In Prime Location, 55 West Street, Dorking, RH4 1BS

1,584 Sq Ft / Retail / General Retail

Withdrawn - Last updated: 27 October 2021

Premises comprise a recently refurbished ground floor restaurant accommodation with commercial kitchen and basement storage. There is a modern extension to the rear leading onto a patio garden. The restaurant offers a total of 65 covers.

Location

Dorking is an affluent historic market town situated at the foot of the North Downs, approximately 21 miles south of London. The property is located in West Street, (A25 trunk road) which connects to the High Street, linking with other major towns in the area including Leatherhead, Reigate and Redhill. Junction 9 of the M25 is close by, as is Dorking mainline railway station. Other occupiers in the town include Café rouge, Costa Coffee, Marks & Spencer, WH Smith, Essensuals Toni & Guy, Ask Italian and Pizza Express.

Accommodation

Restaurant-  1,062 sq ft  (98.66 sq m)

Kitchen - 210 sq ft  (19.51 sq m)

Customer WC's - 154 sq ft  (14.31 sq m)

Basement - 158 sq ft  (14.68 sq m)

Total - 1,584 sq ft  (147.16 sq m)

Terms

Lease & Rent - An effectively full repairing and insuring sub-lease is available, expiring in November 2031.

The existing lease's rent structure is £30,000 per annum exclusive for the current year, with an increase of £5,000 per annum, each year up until and including the fifth year.

Premium - Our client is seeking a premium in the order of £100,000 for the fixtures and fittings. A full list is available upon request.

VAT - VAT is not applicable on the terms quoted.

Business Rates - The VOA website advised a Rateable Value of £50,000 prior to Covid relief. Please contact the Local Rating Authority for details.

EPC Rating - E (104)

Specification

  • Commercial kitchen
  • Exposed floorboards
  • Blow heating/air-conditioning
  • Inset spot lighting
  • Emergency lighting
  • Male/female & disabled WC's


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