LOCATION

The premises benefit from a significant frontage on Market Street, the main pedestrianised thoroughfare leading into the prime city centre.  Nearby retailers include RBS, McDonalds, Millington Travel, 200 Degrees, White Stuff and Fat Face.

The former Fenwick department store is being developed into a 111 bed apart-hotel with up to 6 x ground floor retail/leisure units.

DESCRIPTION

The unit comprises a fully fitted bar/restaurant on ground and first floor levels, with basement stores and cellars and further storage and staff facilities on the second and third floors.

ACCOMMODATION

Ground Floor      4,003 sq ft      371.9 sq m

First Floor            2,781 sq ft      258.4 sq m

Second Floor       3,364 sq ft      312.5 sq m

Third Floor           1,156 sq ft      107.4 sq m

Basement             2,645 sq ft      245.8 sq m

LEASE

The premises are held by a lease for a term of 20 years from 12th February 2018 being subject to rent reviews every 5 years.

RENT

Passing Rent        £82,500 pa

RATES

Rateable Value     £80,000

Interested parties are advised to make their own enquiries with the Local Authority.

LICENCE

The premises have the benefit of a Licence to serve alcohol restricted to Monday – Sunday 8.00am to 2.30am.

EPC

The property has an EPC rating of D (93).  The certificate is available upon request.