description
The property which is possibly best known as having previously operated as Cafe renoir occupies a prminent position on Botanic Avenue in an ideal location to benefit from passing trade from the nearby Queens University. The area is popular with yung professionals and students with many properties also utilised as professional offices. The immediate area is well known for its nightlife with House Hotel, Dukes Hotel, Town Square and the Empire all neraby.
Botanic is also well known for the variety of food on offer targeting the young demographic. These include Starbucks, Cafe Nero, Kaffe-0, Boojum, Subway, French Village and Greggs.
We are offering a lease of the entire building but will be pleased to discuss proposals for a possible split of the accommodation.
ACCOMMODATION
Ground Floor - Restaurant & Kitchen. Plus toilet accommodation/Yard area - 150.33 sq m/1618 sq ft
First Floor - Restaurant seating - 181.70 sq m/1955 sq ft
Second Floor - Kitchen, stores & office. Plus toilet accommodation - 155.17 sq m/1670 sq ft
LEASE DETAILS
Price - £800,000
Rent - £60,000 pa exclusive of VAT
Term - Negotiable
Rent Reviews - 5 yearly
Insurance - The lessee will reimburse the lessor with the insurance premium
Repairs - Full repairing lease
Title - Freehold
NAV - £41,500. Actual rates payable 2018/2019 £25,016.32
EPC - CRN: 0250-4996-0318-7440-3050
Viewing - Contact Gary McDowell, 02890328000/07836650683
Email gmcdowell@garymcdowell.com
NOTE: These particulars are given on the understading that they will not be construed as part of a contract, conveyance or lease. Whilst every care has been taken in compiling this information no guarantee or assurance is given as to the accuracy therof and inquirers must satify themselves regarding the description and measurements.