No longer on the market
This property is no longer on the market
MapRestaurant
Disabled access
Restaurant
2093
Features and description
- For Sale or To Let
- 2,093 sq ft restaurant with staff accommodation
- Guide rent: £25,000 pax
- Freehold sale: offers in excess of £295,000 plus VAT
- Busy location in Totton, Hampshire
- Well-established location for food-related business
- Fully renovated building, including a new roof in 2007
- 70-cover, licenced premises with A3/A5 consent
- Commercial kitchen with extraction
- 2 double bedrooms and bathroom on first floor
The subject property has operated as a Chinese restaurant for approximately 15 years, with A3/A5 consent, after it was originally converted from a public house.
It is a mid-terrace, two-storey building, comprising an open-plan, air-conditioned ground floor with fully licensed bar, seating for approximately 70 covers, fully fitted commercial kitchen with extraction, disabled access WC and a couple of small store rooms.
Internal stairs lead to the first floor where customer WCs are found (M & F), along with 2 double bedrooms, kitchen and a shower room/wc, which has served as staff accommodation. Externally, there are two car parking space to the rear of the property.
ACCOMMODATION
Trinity Rose Commercial have identified an approximate net internal area of 2,093 sq ft, not including the first floor 2-bedroom staff accommodation.
TENURE
Available by way of a new lease at £25,000 plus VAT per annum exclusive. We are also instructed to seek Offers in Excess of £295,000 plus VAT for the freehold interest, to include all of the existing fixtures and fittings.
RATEABLE VALUE
According to the Valuation Office Agency, the property has a rateable value of £12,500 in the 2017 List. The government is currently reviewing all UK non-domestic business rates. At the time of preparing these details, the stated Business Rates are based on the current Rating List. The revaluation will take effect from 1 April 2023, and you are therefore advised to seek professional advice on the potential effects of the 2023 review, following publication of the Draft Central Rating List.
EPC
The property is rated C (73) and valid until 8th July 2025.
LEGAL COSTS
Each party is expected to bear their own legal costs in any transaction.
VIEWINGS
For all enquiries and to arrange an inspection, please contact sole agent Trinity Rose Commercial on[use Contact Agent Button] or email Jon Baud [use Contact Agent Button]
The restaurant, currently named Fuchi, is found on Rumbridge Street just to the north of the Totton bypass and under half a mile from Totton railway station. It is found within a predominantly retail and residential neighbourhood with a wide range of food-related businesses and other service providers nearby. There is a public car park within a few minutes’ walk of the property.
It is a mid-terrace, two-storey building, comprising an open-plan, air-conditioned ground floor with fully licensed bar, seating for approximately 70 covers, fully fitted commercial kitchen with extraction, disabled access WC and a couple of small store rooms.
Internal stairs lead to the first floor where customer WCs are found (M & F), along with 2 double bedrooms, kitchen and a shower room/wc, which has served as staff accommodation. Externally, there are two car parking space to the rear of the property.
ACCOMMODATION
Trinity Rose Commercial have identified an approximate net internal area of 2,093 sq ft, not including the first floor 2-bedroom staff accommodation.
TENURE
Available by way of a new lease at £25,000 plus VAT per annum exclusive. We are also instructed to seek Offers in Excess of £295,000 plus VAT for the freehold interest, to include all of the existing fixtures and fittings.
RATEABLE VALUE
According to the Valuation Office Agency, the property has a rateable value of £12,500 in the 2017 List. The government is currently reviewing all UK non-domestic business rates. At the time of preparing these details, the stated Business Rates are based on the current Rating List. The revaluation will take effect from 1 April 2023, and you are therefore advised to seek professional advice on the potential effects of the 2023 review, following publication of the Draft Central Rating List.
EPC
The property is rated C (73) and valid until 8th July 2025.
LEGAL COSTS
Each party is expected to bear their own legal costs in any transaction.
VIEWINGS
For all enquiries and to arrange an inspection, please contact sole agent Trinity Rose Commercial on[use Contact Agent Button] or email Jon Baud [use Contact Agent Button]
The restaurant, currently named Fuchi, is found on Rumbridge Street just to the north of the Totton bypass and under half a mile from Totton railway station. It is found within a predominantly retail and residential neighbourhood with a wide range of food-related businesses and other service providers nearby. There is a public car park within a few minutes’ walk of the property.