Former R2, The Square, Restaurant, Bishops Waltham, SO32 1AF

£35,000 per annum

Overview

Description

Location

Restaurant / Class E Building

Description

The town of Bishops Waltham is situated on the B2177 Winchester to Fareham Road and the larger towns of Southampton, Portsmouth, Fareham and Winchester are all within an approximate 12 mile radius.

The property is situated close to The Crown & The Barleycorn public houses and would suit continued use as a restaurant/bar/cafe and enjoys a prominent town centre position on The Square.

There is a large public Pay & Display car park close by.

Previously used as a restaurant, the property would be suitable for a wide variety of users including Hot Food, Medical, Office and Retail. The property comprises a well presented ground floor space, with additional office space upstairs and lower level kitchen/stores.

The building is Grade II Listed and has a distinct character, suiting a quality business.

Accommodation

First Floor - 651 sq.ft (60.48 sq.m)
Ground Floor - 1,118 sq.ft (103.87 sq.m)
Basement - 278 sq.ft (25.86 sq.m)
Total Net Internal Area - 2,047 sq.ft (190.21 sq.m)

Rating

Rateable Value - to be assessed
Source https://www.gov.uk/find-business-rates
Calculator: https://www.gov.uk/calculate-your-business-rates
*If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.

Terms

To Let - Available by way of a new full repairing and insuring lease for a term to be agreed at £35,000 per annum exclusive of rates VAT (if applicable) and all other outgoings.

To Purchase - Guide price of £395,000 subject to contract for the freehold interest.

Planning

Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, café, health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.

EPC Text

Asset Rating - C (59)