LOCATION
Southwell is a picturesque market town and civil parish in Nottinghamshire, England, known for its historic Southwell Minster, a grand cathedral, and its independent shops and local produce. The town also boasts a weekly Saturday market in the market square and is famous for being the origin of the Bramley apple, celebrated annually at a local festival. The population of Southwell, Nottinghamshire, was 7,491 according to the 2021 census.
DESCRIPTION
We are delighted to offer to the market this superb ground floor, former restaurant accommodation, comprising a mixture of open-plan and more intimate dining areas, together with the stunning feature of an outdoor dining area, with views overlooking Southwell Minster, accessed by full-width bi-fold doors. The property is located centrally within the highly desirable and affluent Market Town of Southwell having a vibrant community and superb range of local and national retailers and famous for its Racecourse and Southwell Minster, a magnificent Cathedral located directly behind this property.
ACCOMMODATION
The premises are accessed via a side entrance door into the main open-plan restaurant area - 7.5 metres wide x 6.2 metres having full-width bi-fold doors opening onto the outdoor terrace overlooking Southwell Minster.
There is a smaller panelled dining room with stunning fireplace - 4.4 metres x 3.2 metres and an additional dining area with a bay window overlooking Westgate - 7.5 metres x 4 metres.
There is a disabled access WC facility together with a kitchen and preparation area. The kitchen extends to 3.1 metres (max) x 3.2 metres and the additional preparation space extends to a further 1.1 metres x 8.2 metres.
In addition, there is also a basement suitable for storage.
The accommodation is ready for a future Tenant to equip with furnishings and catering equipment, but has been recently refurbished to a good standard.
SERVICES
Mains gas, water, electricity & drainage are connected to the property.
EPC Rating - Exempt as Grade II Listed Building.
TERMS
Lease Terms - The premises are available to let for a term of years to be agreed on an Internal Repairing & Insuring basis, at an initial rent of £25,000 per annum. The Lease will be subject to three yearly rent reviews. A deposit may also be payable.
OUTGOINGS
Rateable Value - £12,500
Small Business Multiplier (2024/2025) 49.9p in the £.
The property may qualify for small business rates relief.
It may be possible to obtain Small Business Rates Relief, depending on individual circumstances.
VAT
VAT is payable at the prevailing rate.
LEGAL COSTS
The prospective Tenant will be responsible for the payment of a referencing fee of £120 inc VAT and in addition, the ingoing Tenant will be responsible for the Landlord's reasonable legal costs for the preparation of the Lease. Further details are available on request.
PLANNING
The property is understood to be classified as Class E 'Café & Restaurant' under the Town & Country Planning (Use Classes Order) 1987 (as amended). The unit may be suitable for a variety of uses subject to the necessary planning consents being obtained and it is the responsibility of the ingoing Tenant to ensure that the property has the permitted use for their intended business and occupation.
VIEWING
By prior appointment via Mundys Commercial.
