Moulsham Street, Chelmsford, CM2

  • Restaurant
  • 4,623 sq ft
  • Lease Assignment
Moulsham Street, Chelmsford, Restaurant Lease Assignment - Casual.jpg
Under Offer
Property Type Restaurant
Tenure Lease Assignment
Size 4,623 sq ft
Premium Nil
Energy Performance Rating Upon enquiry

Home Counties City Centre Fully Fitted Restaurant

Key Features

  • Excellent Location in Chelmsford City Centre
  • 100 Internal Covers
  • 28 External Covers
  • Large Atrium with Natural Light

Description

Very well fitted out restaurant, arranged to accommodate approximately 60 covers on the ground floor, with an additional 28 external covers to the front of the premises, as well as approximately 44 covers on the first floor. There is a large bar and some back of house facilities on the ground floor, a large fully fitted commercial kitchen on the first floor and customer toilets on the first floor.

Available area

The accommodation comprises the following areas:

Name sq ft sq m
Ground 1,345 124.95
1st 1,776 165
2nd 1,502 139.54
Total 4,623 429.49

Location

Located in the centre of Chelmsford, Essex, with 35 minute connections to London Liverpool Street. Nearby operators include Pizza Express, Taco Bell, Be At One, German Doner Kebab as well as a host of independent restaurants and bars.

Tenure

We are offering an assignment of the existing lease expiring September 2036, held inside the security of tenure provisions of the Landlord and Tenant Act 1954.

Passing Rent

£70,000 per annum exclusive.

Premium

Nil or nominal premium sought.

VAT

May be applicable to the premium and rent.

Planning/Licencing

The premises benefit from E Class planning use with a premises licence in place to serve alcohol with the provision of table meals with the following hours:
Monday - Saturday 09:00 - 00:00
Sunday 09:00 - 23:30

Confidentiality

This sale is highly confidential and under no circumstances should a direct approach be made to staff as they are unaware of an impending sale.

Holding Deposit

A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the CDG Leisure client account.