£19,500 pa

Restaurant to let

  1. Property photo 1 of 14.
  2. Property photo 2 of 14.
  3. Property photo 3 of 14.

£19,500 pa

(£10.71/sq. ft. pa)

Restaurant to let

Mansfield Road, Sherwood Nottingham NG5

1,820 sq. ft

Local area information

Property location

Nearby amenities

  • Haydn Primary School 0.1 miles
  • Seely Primary School 0.3 miles
  • Nottingham 2.3 miles
  • Bulwell 2.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Established restaurant uses for over 25 years
  • Low cost set up
  • No VAT and small business rate relief (stq)
Location

The property is prominently situated on the A60 Mansfield Road in Sherwood 3 miles to the North of Nottingham, at the junction with Haydn Road. The property is adjacent to New Leaf Sensory Massage & Kraft Werks Craft Beer with Sheennaz Hair opposite.

Also, opposite is the Robin Hood Public House, The Sherwood Public House, the Crafty Teller and Sainsbury.

The location benefits from on street parking on Haydn Road.
Description

The premises comprise the former Pistachio Restaurant and function room. The premises have been used for restaurant type use for in excess of 25 years. The property offers the opportunity to reformat for restaurant purposes or alternative E Class uses including retail, professional office uses, financial services and clinics (subject to any Planning Consents that may be needed).

Prominent double fronted unit, built circa 1901, being two-storey to front under a main pitched slate clad roof with single storey tiled clad roof to rear.

The premises are part air conditioned (not tested) with former central heating system (not tested or used; no gas supply). The premises provide for a ground floor seating area (40 covers currently and 54 covers potential) with the benefit of entrance lobby and ground floor bar, leading through to rear kitchen with former extraction (not tested). There is access to the basement storage area. There is a first-floor function room with bar, timber floorboards and ladies and gentlemen toilets.
Accommodation


Ground Floor Restaurant Area
64 sq m (689 sq ft)

Rear Kitchen 27 sq m (291 sq ft)

Basement 22 sq m (237 sq ft)

First Floor 56 sq m (603 sq ft)
Function Room

Ladies, Gents and Unisex toilets.

Total Net Internal 169 sq m (1,820sq ft)

Note: There is a lower ground floor bin store and fire exit with double door access off Haydn Road.
Lease

The premises are available by way of a new full repairing and insuring lease on terms to be agreed. Subject to obtaining possession.
Rental

£19,500 pax
Premium

Nil Premium for lease
Rent bond

A minimum 3 month rent bond will be required.
Buildings insurance

The rental is exclusive of buildings insurance. The landlords insure and re-charge premium annually in advance.
Planning

We understand the premises have been used for over 25 years for the old A3 (Restaurant) Use. Other restaurants would be considered, and alternative E Class Uses would be considered including retail, professional office uses, financial services and clinics (subject to any Planning Consents that may be needed).

Interested parties are asked to speak to Nottingham City Council Planning Department. Telephone:
Business rates

The Valuation Office Agency that the premises are assessed as “restaurant and premises” with a Rateable Value (2023) of £13,250.

Small Business Rate Relief may be available to qualifying occupiers as rv under £15,000 and occupiers may also benefit from retail, leisure and hospitality assistance with 40% reduction 2025/26. New West Ltd nor the landlords give any warranty in respect of the Business Rates and interested parties are asked to make their own enquiries with the voa or Local Rating Authority Nottingham City Council.
Availability

The premises are available for immediate occupation upon completion of legal formalities and subject to obtaining vacant possession.
Commercial energy performance certificate

The premises are being re-assessed. Copies of the Energy Performance Certificate and Recommendations Report will be made available to applicants on request.
Legal fees

The incoming tenant to be responsible for the landlords legal costs incurred in this transaction, together with any Stamp Duty or VAT thereon.
VAT

It is our understanding that the landlords do not charge VAT on the rental/insurance rental. However, the position with regard to VAT is reserved at all times.
Licence

We understand that the premises currently hold a “Premises Licence” for the sale of alcohol, recorded music, live music and late-night refreshments. (Licence No:141569). The current hours for sale by Retail of Alcohol are Sunday to Thursday 12.00-22.30 and Friday -Saturday 12.00-00.30. Permitted opening hours: Sunday-Thursday 12.00-23.00 and Friday-Saturday 12.00-1.00

Interested parties should make their own enquires in this regard with Nottingham City Council Licensing Department. Contact Licensing Manager, Humber Building, Eastcroft Depot, London Road, Nottingham, NG2 3AH. Email:
Money laundering policy

In accordance with Money Laundering Regulations, two forms of id and confirmation of the source of funding will be required from the successful tenant.

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - New West Chartered Surveyors. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact New West Chartered Surveyors for full details and further information.

  1. Zoopla
  2. Commercial to let
  3. Nottingham
  4. Mansfield Road