1 The Shambles, High Street, Guildford, Surrey, GU1 3EX
- 434 Sq ft
- To Let
- Guide Price: £40,000
Town Centre Restaurant To Let
- A3 Use Town Centre Restaurant Premises
- 40.3 sq. m. / 434 sq. ft. Arranged Over 2 Floors
- Fully Fitted Kitchen
- Outdoor seating Area (not included in lease)
- Business & Fixtures/fittings for sale
The property is located on The Shambles, a pedestrian cul-de-sac off the High Street and close to Guildford’s prime retail shopping area. The Shambles is located next to Gap and Vodafone, opposite Ernest Jones. Guildford’s mainline railway station is approximately half a mile from the property.
This town centre restaurant is a self-contained two storey building, with customer seating across the whole of the ground floor, and kitchen, storage and WCs on the first floor. The property has large ground floor windows, electric heating and high ceilings with recessed spotlights. Outside the property there is space for outdoor seating (this area is not included within the lease demise). There is a fully equipped and operational kitchen with a 5 ring gas cooker and commercial grade ventilation.
Ground Floor 24.83 sq. m. 267 sq. ft.
First Floor 15.47 sq. m. 167 sq. ft.
Total 40.30 sq. m. 434 sq. ft.
The premises is available by way of an assignment of the current 15 year FRI lease from 31st January 2018 expiring on 30th January 2033 at a passing rent of £30,000 pa exclusive. The lease is protected by the Landlord & Tenant Act 1954 Part II. Full lease details available on request.
Guide price: £40,000 for the fixtures and fittings and leasehold interest.
Rating: E - 116
Each party to bear their own legal costs incurred in the transaction.
Rateable Value: £9,300.00
Rates Payable: £ 4,333.80 (2017/2018)
100% Small Business Rates relief is available for eligible businesses.