85 Watergate Street, Chester, CH1 2LF

Size - 3,250 Sq Ft

To let - £20,000pa

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Details

85 Watergate Street

Quick Overview

  • Restaurant premises with bar licence.
  • 3,250 sqft (302.05 sqm).
  • Rent £20,000p.a.
  • Alternative uses considered.

Location

The property is situated within the city walls, in one the main office quarters of Chester. It also fronts Watergate Street which is the primary link between the pedestrianised city centre and Chester Race Course, only 200m away, which generates excellent pedestrian flow during the numerous race days between May and September. It also provides for a range of other social and business events throughout the year including Polo tournaments. The Roomzzz Hotel is also immediately adjacent.

Description

The unit is arranged on the lower ground floor and forms part of Watergate House, a Grade 2 listed building with separately accessed offices on two upper floors. The restaurant is provided with its own frontage and access onto Watergate St and is of substantial character with three rooms currently providing bar and eating area measuring some 1,500 sq ft (140 sq. m) and with further back up space providing WCs, a beer cellar, a fully fitted kitchen and storage totaling an additional 1,750 sq ft (163 sq m). There is a front courtyard for external seating and rear access for servicing. It is currently understood that the majority of existing fixtures and fittings will be included although a schedule of items will need to be prepared.

Lease

The unit is available to lease on terms and conditions to be discussed.

Licensing

With restaurant/bar planning consent and a current premises licence from 9.00 am to 3.00 am from Monday to Sunday.

VAT

It is understood that the premises are VAT registered.

Legal Costs

Each party will be responsible for their own legal costs incurred in the sale.

Business Rates

It is understood that the premises are currently assessed as follows; –

Ratable Value £41,250.00

Rates Payable PA (April 2017-18) £19,758.75

EPC

It is understood that the premises have a rating of E124.

Viewings

Please contact Richard W Bolton of the sole retained agents Bolton Birch:
Tel: 01244 311681
Email: richard@boltonbirch.com

The property is situated within the city walls, in one the main office quarters of Chester.

85 Watergate Street, Chester, CH1 2LF

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