Prime A3 Restaurant Unit
The subject property is located in the affluent surrey town of Guildford towards the top end of the High Street. The property is within 1 mile of Guildford train station (15min walk) with regular services to London Waterloo and Portsmouth Harbour. The nearest bus station is on Jenner Road (3 Min Walk) with regular buses serving the Guildford area (No. 36, 463, 478 and 479)
Nearby occupiers include; G-Live, Zizzi’s Pizza Express, KFC, Subway, Carmona Steak & Tapas, Zucchinis, The Raddison Hotel, Harbour Hotel and many more.
The property is arranged over ground floor with 102 covers, disable WC, bar servery and service area. With two upper floors with a further 36 covers, trade kitchen, customer WC’s, offices, stores and separate customer and staff stairs.
The restaurant is currently closed for business
The useable floor area is approximately:
|Ground Floor||2,500 sq ft||232.3 sq m|
|First Floor||2,200 sq ft||204.4 sq m|
|Second Floor||1.900 sq ft||176.5 sq m|
|Total||6,600 sq ft||613.2 sq m|
The current lease is for a term of 20 years from 20th September 2016 at a passing rent of £130,000 per annum.
The Clients will consider either an Assignment of the existing lease, with significant incentives available, subject to status, OR the grant of a sub-lease on terms to be agreed.
Rateable Value £158,000
Rates payable: £85,320 (2019/20)
Each party to bear their own legal costs incurred in the transaction.
Available upon request
Strictly with by appointment with the Sole Agents