£18,000 pa

Restaurant to let

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Just added

£18,000 pa

(£15.72/sq. ft. pa)

Restaurant to let

Piccadilly, Hanley, Stoke-On-Trent ST1

1,145 sq. ft

Local area information

Property location

Nearby amenities

  • Unity School 0.2 miles
  • Phoenix U16 Independent School 0.4 miles
  • Stoke-on-Trent 1.2 miles
  • Longport 2 miles

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

Read our area guide for Stoke-On-Trent to find out more about the local area.

Features and description

A three storey former restaurant premises situated opposite the Regent Theatre within Hanley's cultural quarter. The property benefits from ground floor restaurant / bar area as well as an additional first floor area, kitchen, office and facilities. There is a walk in freezer within the property, which the tenant will have the right to use.

Location

The property is situated in the heart of the Cultural Quarter of Hanley, opposite The Regent Theatre, with a variety of restaurant's nearby and within walking distance of the city's main shops and Potteries Shopping Centre.

Accommodation

Ground Floor
Main Bar/ Restaurant Area : 620 sq ft (57.58 sq m)
Rear Prep room : 39 sq ft (3.58 sq m)
Stairs to first floor staff toilets

First Floor
Further seating area with dj booth : 255 sq ft (23.67 sq m)

Second Floor
Office : 33 sq ft (3.11 sq m)
Kitchen : 93 sq ft (8.61 sq m)
Storage / built-in fridge area : 105 sq ft (9.76 sq m)

Total : 1,145 sq ft (106.31 sq m)

Services

All mains services are available subject to any reconnection which may be necessary.

Planning

Bjb recommend that potential occupiers make their own enquiries to the local authority in order to satisfy themselves that their proposed use is authorised in planning terms.

Rating

The voa website advises the rateable value for 2024/25 is £8,300. The standard non-domestic business rates multiplier is 54.6p. The small business multiplier is 49.9p up to a rateable value of £50,999. Small Business may benefit for upto100% on premises with a rateable value of up to £12,000 and a tapered relief for rateable values between £12,000 and £15,000.

Bjb recommends interested parties make their own enquiries into the business rate payable any further business rate relief which may be available.

Tenure - Leasehold

Leasehold - on a new full repairing and insuring lease with terms to be agreed.
The landlord would ideally be looking for a 3 year minimum lease, with a stepped rent as advertised.

Rent

The landlords are offering a stepped rent as follows;

Year 1 at £18,000 per annum
Year 2 at £20,000 per annum
Year 3 at £22,000 per annum.

Epc

Energy Performance Certificate number and rating is 39 B

Vat

VAT is to be confirmed.
Please enquire with the agent if vat is applicable or not on this premises.

Proof Of Identity

To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee.

Credit Check

On agreed terms the ingoing tenant will be required to pay a fee of £85 to buttersjohnbee for the application and collation of references and credit data from a third party. The application process will, under normal circumstances take between two and five working days. The applicant will be required to complete a simple online form for submission to our credit reference agency. Application fee will be payable in advance and will not be refundable.

Legal Costs - Letting

The ingoing tenant is responsible for the landlord's legal costs in connection with the preparation of the lease.

Viewing

Strictly by appointment via bjb commercial, Suite 1, Albion House, No.2 Etruria Office Village, Forge Lane, Festival Park, Stoke-on-Trent, ST1 5RQ
Telephone . Opening hours are 9.00-5.30pm, Monday to Friday.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Butters John Bee - Commercial. 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 Butters John Bee - Commercial for full details and further information.

  1. Zoopla
  2. Commercial to let
  3. Staffordshire
  4. Stoke-on-Trent
  5. Hanley
  6. Piccadilly