Cafe/Restaurant Premises

To Let Let Agreed

2 Lansdown Road Bude Cornwall EX23 8BH

Café/Restaurant Premises (approximately 1,962 sq. ft, NIA)

£25,000 plus VAT per annum

Situated in a prime location on Lansdown Road in the busy north Cornish coastal town of Bude easily accessible from the A39 Atlantic Highway

Description

The property has traded as a café/restaurant in recent years and includes a large ground floor area and prominent dual aspect frontage. Further seating, kitchen, preparation and storage areas occupy the upper ground and first floors. The second floor is split into four rooms (washing, shower/toilet, office and staff welfare area). The existing use class is understood to be A3 (restaurants and cafes). A5 (hot food takeaway) permission is likely to exist (to be confirmed by Cornwall Council). Alternative uses could be possible (subject to planning consents).

Accommodation

The property is primarily accessed from Lansdown Road although there are two side doors from Lansdown Close. The frontage sits in a corner dual aspect position. There are large glazing panels to the front elevation with a single door to the right leading to a level access open plan servery and dining area. To the rear of this area is an accessible toilet and steps leading to discrete/cubicle seating areas. The kitchen is to the rear of the ground floor (equipment/furniture can be rented or purchased by negotiation) and sits alongside a staircase to the first floor where a corridor leads to further toilet facilities (3 No.), a storage/preparation room and a seating area with large bay windows. A staircase off the seating area leads to four rooms within the roof space. These rooms have been used as shower and toilet facilities, washing and drying machine room, staff welfare and office. The rooms in the roof space have a low eaves height in places of approximately 1.2m making some of the floor area of limited use (an allowance has been made for this in the figures opposite).  Free time restricted on street parking is available on a number of the surrounding streets (including Lansdown Close) and there are also long stay public car parks nearby (Summerleaze and Crescent).

Legal Costs

The prospective tenant will pay the landlord’s reasonable legal costs in respect of preparation of the lease. Subject to a maximum of £950 plus VAT.

Price

Offers in the region of £25,000 plus VAT are sought for the annual rental of the property. The kitchen equipment can be available to rent or purchase (subject to negotiation and agreement). The property can be available with vacant possession if required.

Terms

The property is available on a full repairing and insuring basis. The landlord will recover the cost of insurance from the tenant (estimated premium to be confirmed). The landlord envisages a lease term of three years or more.

Business Rates

The current rateable value (RV) is £11,000. The RV is as stated on the Valuation Office Agency (VOA) website service (effective date 1st April 2017). Information concerning how rates are calculated are available on the Cornwall Council website. It is possible prospective tenants could be eligible for small business rates relief (to be confirmed with Cornwall Council prior to agreeing terms).

VAT

The property is elected for VAT and as such VAT will be chargeable on the rent.

Subject to Contract

This brochure is for guidance purposes only and does not constitute an offer or contract. All descriptions, particulars and dimensions stated are understood to be correct, but prospective purchasers or tenants must satisfy themselves that the information is correct and not rely on the information if entering into a contract or incurring expenses.

Viewing Arrangements

Viewings are by appointment only. Contact Phil Wiltshire BSc(Hons) MRICS on:
01208 812 812

For full details please download the PDF Brochure, which also contains some useful links.