Properties

Restaurant at Imperial House Victoria Road Chelmsford CM1 1NY

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Imperial House

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Property Description

WELL SITUATED, FULLY FITTED RESTAURANT

No Payment for Goodwill Required. 

115.52 sq. m (1,245 sq. ft.) 

UNIT E, IMPERIAL HOUSE, VICTORIA ROAD, CHELMSFORD, ESSEX CM1 1NY

 

*Prominent Location*

*Excellent Frontage*

*Bar Servery*

*Ladies & Gents & Toilet for the Disabled*

*Kitchen*

*Air Conditioned*

 LEASE FOR SALE

 

LOCATION:

The property has extensive frontage to Victoria Road in the heart of the City of Chelmsford, adjacent to a recently completed major office development and a new Premier Inn. The immediately neighbouring property is the long established Back Inn Time restaurant. Chelmsford’s mainline railway station is a few hundred yards from the premises and the principal campus of Anglia Ruskin University is a very short walk away.

There is ample public car parking close to the premises.

DESCRIPTION: 

A fully functioning restaurant with 42 covers (and scope for additional spaces), bar, kitchen, toilets and storage facilities all of which has been fitted to a high standard.  Full details of the fittings are available upon request.

Externally there is parking for two vehicles and an area for smoking.

ACCOMMODATION: 

The approximate net internal floor area is as follows:

Restaurant, Kitchen & Stores                      115.52 sq. m     (1,245 sq. ft.).              

 LEASE: 

The property is held on a 15 year effectively FRI lease (by way of a service charge) from the 16.05.2014 at a passing rent of £18,000 per annum exclusive, with upward only rent reviews every 5 years.

PRICE: 

£50,000 for our clients’ valuable lease and extensive fixtures and fittings.

LEGAL COSTS:

Both parties’ legal costs are to be met by the ingoing tenant.

VIEWING: 

Strictly via the vendor’s agents,

Everett Newlyn.

Contact: Paul Everett 01245 465060 or pre@everettnewlyn.co.uk

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