1 Angel Gate, High Street, Guildford, Surrey GU1 4AE (currently t/a Bill's Restaurant)

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1 Angel Gate, High Street, Guildford, Surrey GU1 4AE (currently t/a Bill's Restaurant)

Retail 2840 Sq ft To Let/For Sale Upon application

Location

Fronting the historic High Street in Guildford, with its principal entrance in the cobbled Angel Gate shopping thoroughfare with the accommodation sitting within the confines of the Angel Hotel, a Grade II listed building.   Occupiers adjacent include GAP, Boots, Superdrug, Ernest Jones, Russell & Bromley and Rituals 

Description

This is a fully fitted restaurant arranged on ground and basement levels including kitchen and preparation areas at basement level, principal restaurant at ground floor overlooking Angel Gate and the High Street and a trading basement known as The Crypt.    Male and female WC’s.

Accommodation  

Ground floor trading area 1,340 sq ft 124.5 sq m
Basement trading area 582 sq ft 54.07 sq m
Kitchen 423 sq ft 39.30 sq m
Preparation & storage area 495 sq ft 45.99 sq m
Total area 2,840 sq ft 263.84 sq m

Tenure

The property is held on effective full repairing and insuring lease expiring on the 9th September 2037, with rent reviews at 5-year intervals.   The September 2022 rent review is outstanding.  The current rental is £120,000 per annum exclusive of rates, service charge and VAT (if applicable).

Transaction

An assignment of the lease is offered and offers are invited. Alternatively, our clients may be prepared to grant an underlease for a term to be agreed.

Business Rates

Rateable Value until April 2023 is £129,000

Rateable Value from 1st April 2023 is £114,000

Legal Costs

Each party to bear their own legal costs incurred in the transaction

Viewing

The staff are unaware of the availability and all inspections are to be made strictly with the sole agents.

 

Mark Isherwood

Mark Isherwood
Consultant
07990 585666
mark@owenisherwood.com

Alex  Bellion

Alex Bellion
Director
07971 756068
alex@owenisherwood.com

NEW

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  • To Let
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