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£2,917 pcm | £35,000 pa

Restaurant to rent

High Street, Newport

£2,917 pcm | £35,000 pa

Restaurant to rent

High Street, Newport



Letting details

Property description

Situated on Newport High Street neighbouring businesses include Yates, Hogshead and a number of national retails are nearby.
Newport is the County Town of the Isle of Wight and has a population circa 25,000 (2011 census).

Offered to let is this licensed unit which has most recently traded as a nightclub/bar. The unit is such that it could immediately start trading as a nightclub/bar subject to gaining the necessary personal licenses.

The property is set up with the following accommodation:
Entrance from the High Street into the main retail/bar space. A fully functioning bar runs the length of the wall to the right of the unit, seating booths have been installed to opposite with open space wooden flooring providing further seating/dance areas.

There are male & female WC's to the rear plus cellar, staff areas and rear courtyard with further cold store and storage. One room to the rear was previously set up as a commercial kitchen and this could reinstated if needed. Total ground floor runs to approximately 300 sq m (3224 sq ft).

The first floor is accessed via a staircase to the right of the bar and offers another seating and bar area approximately 51 sq m (556 sq ft) with access to the rear and roof terrace approximately 84 sq m (905 sq ft).

The property is available on a free of tie full repairing and insuring lease at a rent of £35,000 per annum. Incentives and a long assignment will be granted to the right tenant. Our client will also consider selling the freehold for £350,000.

The VOA shows the rateable value as £27,500, rates payable approximately £13,200 per annum.

All viewings to be arranged via HRD Commercial. Please contact[use Contact Agent Button].

Property information from this agent



Nearby services within a 3 mile radius

Food stores

Street view is not available at this location

Call 01983 507916


Property reference 101276029761. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hose Rhodes Dickson - Newport. Please contact the selling agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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