A Grade II listed double fronted restaurant situated in the bustling Hill Road, in Clevedon, within close proximity to the seafront and iconic pier. The restaurant provides approximately 1,200 ft² with a fully equipped commercial kitchen, and additional basement storage of approximately 400 ft². We understand the basement was previously used as a cocktail bar, although due to the current access, it is utilised as storage.
The premises is available to let on a new long term lease, subject to an ingoing premium of £25,000 to include a full inventory.
DESCRIPTION -
A Grade II listed double fronted restaurant situated in the bustling Hill Road, in Clevedon, within close proximity to the seafront and iconic pier. The restaurant provides approximately 1,200 ft² with a fully equipped commercial kitchen, and additional basement storage of approximately 400 ft². We understand the basement was previously used as a cocktail bar, although due to the current access, it is utilised as storage.
The premises is available to let on a new long term lease, subject to an ingoing premium of £25,000 to include a full inventory.
LOCATION -
The restaurant is located in a prominent corner position on the junction of Hill Road and Herbert Road. Notable neighbouring occupiers include Sainsbury's Local, The Limehouse and Pullin's Bakery.
BASEMENT -
We understand the stairwell to the basement is insufficient for the basement to be open to the public as a Cocktail Bar. However, there is potential to upgrade/replace the stairs which could enable the space to be opened to the public.
LEASE DETAILS -
The restaurant is available to let on an effectively fully repairing and insuring term, subject to an ingoing premium of £25,000 for a full inventory. A copy of the inventory is available on request. Each party to incur their own respective legal fees.
BUSINESS RATES -
The Rateable Value with effect from April 2023 is £13,750. We therefore would expect those eligible for small business relief to benefit from discounted rates. Please contact North Somerset Council directly to confirm.
FLOOR PLAN -
The floor plan is provided for indicative purposes only and should not be relied upon.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
Rating: C (Valid till September 2034)
VAT -
All figures quoted are exclusive of VAT unless otherwise stated.
TENANT APPLICATION FEE -
The ingoing tenant will be charged an application fee of £300 plus VAT (£360 inc VAT) towards the costs incurred in undertaking appropriate credit and reference checks. Accounts will be requested where available and a deposit and/or personal guarantee may be required.
CODE FOR LEASING BUSINESS PREMISES -
We advise all interested parties to refer to the RICS Code for Leasing Business Premises, link available via our website.
VIEWINGS -
By appointment.
CONTROL OF ASBESTOS REGULATIONS -
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.
