One Fletchergate The Lace Market Nottingham Nottinghamshire NG1 1QQ
Price: Buy: POA
Size: SOA Primary Category: Leisure All Categories:
Leisure, Property Ref/Movehut: MH510908 Property Ref/Agent: 165
*Please use the agent ref when calling the agent directly.
New lease available for tremendous city centre restaurant unit with A3 Planning.
6,977 sq ft Gross Internal Area - (648 sq m)
New lease available for immediate occupation
Strong and emerging leisure pitch
Prominent City centre location
Excellent footfall opposite tramstop and adjoining NCP
Fitted and licensed flexible ground floor unit
Unit 5 is located at the top of Fletcher Gate in the centre of the city of Nottingham. The site is situated immediately opposite the Ibis Hotel and Tesco express and benefits from being opposite a stop on the Nottingham tram network and being adjacent to the Fletcher Gate car park (550 spaces). The unit is located in the Lace Market area of the city and links the Hockley leisure area, with its multitude of bars, restaurants, galleries and clothes and design shops, with the high fashion area of Bridlesmith Gate. The area is a vibrant, modern part of the city and is host to a wealth of licensed and leisure operators such as All Bar One, Yo Sushi, Belgo, Piccolino, Cape, Pitcher and Piano, Missoula, Das Kino and Baresca - all within the immediate vicinity.
Unit 5 is a ground floor vacant fitted restaurant unit forming part of the larger One Fletcher Gate mixed use development, a prestigious modern development in the heart of Nottinghams Lace Market. The property was constructed in 2005 and comprises a building of steel portal frame construction arranged over six floors. The ground floor consists of retail units with ninety-nine residential apartments in the five upper floors.
Unit 5 is 6,977 ft2 (approx) and has established use for A3 food and drink use and is fully licensed.
The shop frontage internally is approximately 14.3 metres.
The unit benefits from an impressive floor to ceiling height being between 4.2to 5 metres.
The unit has been fitted as a restaurant unit with walk in fridge freezers, WC's, store and staff rooms as well as open plan trade areas. Rear access is provided to an external loading bay.
We are advised that all mains services are connected to the property.
We are advised that the property is not Listed but doesfall within the Lace Market Conservation Area. Prospective purchasers are advised to make their own enquiries to Nottingham City Council on 5.
Rental offers are invited for the Unit, available on a new 25 year lease on full repairing and insuring terms, subject to 5 year upward only reviews. Incentives will be available for experienced operators with good covenant strength.
Alternatively offers will be entertained forthe long leasehold, virtual freehold, interest.
Rates & Charges
52,658.00 per annum (based on a Rateable Value of 113,000)
Available on enquiry
EPC for One Fletchergate The Lace Market Nottingham Nottinghamshire NG1 1QQ
Value my property
Do you have a property you would like to get a valuation for? Simply click the button
below to request a property valuation directly.