Sheffield City Centre Restaurant/Bar

Key Features

• Outdoor Seating
• Beautifully Fitted Out
• Premise Licence in Place
• Busy Location
• Lease Until 2036

Description

The premises are beautifully fitted out and well decorated as a Restaurant/ Bar. The ground floor is arranged as a Restaurant/Bar with seating approximately to hold 108 covers and there is also outdoor seating on the terrace. The basement houses the cellar and storage.

Available area

The accommodation comprises the following areas:

Location

The premises are located on West Street, in the heart of Sheffield. The nearby food and beverage operators include The Cavendish, Revolution, KFC, Dominos, Nando's, Taco Bell and GUYSHI Bar & BBQ to name a few. The property is located on a busy high street, West Street, and within proximity to University of Sheffield.

Tenure

An assignment of a 15-year existing lease from 3rd August 2021 till August 2036. There is a tenant-only break on 30th April 2031. Rent reviews are 5 yearly. The next rent review is 1st May 2026. The lease is drawn inside the L & T Act 1954.

Rent

£95,000 per annum exclusive.

Planning Use/ Premises License

The premises benefit from Class E planning use and have a premises licence in place to serve alcohol without the provision of a table meal from Monday to Sunday 10 am to 3 am.

Premium

Upon Application.

VAT

All prices are quoted may be subject to VAT if applicable.

Confidentiality

This sale is highly confidential and under no circumstances should be 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.