Restaurant to rent
Property description & features
- Central City Location
- Three Storey Building
- Mixed Commercial & Residential
- Former Nightclub/Restaurant
- Refurbishment Required to Upper Floors
- Scope to Extend to Rear (subject to planning)
- Total Area Approx. 430.9m2
- No Upward Chain
situated in a central City location.
Full repairing and insuring lease
Personal guarantee required
Any potential interested party would need to provide\;
Business Plan
Previous experience
Credit check will be carried out
Proof of capital to start business
ELY
Home to a world famous 900 year old Cathedral, the historic city of ELY lies on the river Great Ouse probably no more than 15 miles from the City of Cambridge. There are a very good range of shopping facilities within the centre itself including a market which takes place on both Thursdays and Saturdays. A comprehensive range of local schooling is available. The area boasts a number of sporting facilities including an 18 hole golf course, indoor swimming pool, gymnasium and squash club whilst socially there are an excellent variety of pubs and restaurants, including the new Ely Leisure Village anchored by a 6 screen Cineworld with family restaurants and takeaways. The A10 links the two cities from which links to the A14 and M11 provide routes to London (70 miles) and the rest of the country. From Ely's mainline rail station Cambridge can be reached in approximately 17 minutes with London beyond (Kings Cross / Liverpool Street) which can be accessed within 1 hour 15 minutes.
GROUND FLOOR ENTRANCE / BAR AREA
6.52 m x 5.35 m (21'5" x 17'7")
PRINCIPAL CLUB/ RESTAURANT AREA
15.60 m x 10.19 m (51'2" x 33'5")
narrowing to 4.37m (14'3") to rear.
ROOM TWO
4.75 m x 4.52 m (15'7" x 14'10")
LADIES & GENTLEMAN'S CLOAKROOMS
EXTERIOR
Side gated access to rear.
ADDITIONAL NOTES
Maximum 5 year lease so no registration/stamp duty (copy of lease available).
1st Year rent £2750 per month (£33,0000pa).
2nd Year onwards rent £3000 per month (£36.000pa).
This is for the ground floor only. Upper floors available by separate negotiation.
Rent to be paid quarterly in advance.
Deposit equivalent to three months rent.
Personal guarantee required.
Full repairing and insuring lease.
Interested applicants need to provide:-
Business Plan
Previous Experience
Proof of funds for rent/deposit and refurbishment
Credit check
The premises currently has a premise licence where alcohol can be served
Sunday to Wednesday 11am to 12 midnight
Thursday to Saturday 11am to 2am
New Years Eve 11am to 3am
The premises can be open 24 hours per day.
The ground floor internal ceilings will be replaced where they are missing. The flat roof will be repaired. The kitchen double doors will be repaired/replaced and then the incoming tenant to decorate/fit out to their spec.
KITCHEN
6.58 m x 6.17 m (21'7" x 20'3")
Cloakroom off and door to side.
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