Key Information
- 3,162 sq ft (293.7 sq m)
- Attractive Grade II Listed property full of character and period features
- Large glazed frontage to Sadler Gate
- Located in the heart of the historic Cathedral Quarter
- Rental £37,000 per annum plus VAT, service charge and business rates. The rental is payable quarterly in advance.
Grade II Listed Georgian period building of traditional brick construction under a pitched tiled roof that provides restaurant/bar premises over three floors. The premises offers a wealth of character and period features throughout. The ground floor has double fronted full height glazed frontage and offers a large open plan bar with exposed brick walls and bar to the rear. Behind the bar is a small service kitchen. There is an accessible w.c. to the rear of the ground floor. The first floor comprises a restaurant divided into three seating areas along with its own bar. There is a fully fitted commercial kitchen and storage room off. The second floor provides customer ladies/gents w.c.'s and has three further rooms into the eaves with exposed beams and could be used for a variety of purposes including conversion to managers flat, subject to planning. To the rear of the ground floor is a separate entrance leading to both the ground and upper floors.
Location
Sadler Gate is an attractive pedestrian thoroughfare in the heart of Derby's historic Cathedral Quarter and offers a mix of boutique retailers, cafes, restaurants and bars. Sadler Gate along with the adjacent iron Gate, Friar Gate and Wardwick form the main food, drink and leisure circuit for the city centre.
VAT
All figures quoted are exclusive of VAT. The property is registered for VAT which will be charged at the prevailing rate.
Service Charge
The tenant is responsible for a service charge to cover the upkeep of common areas.
Rates
The property is currently listed as Restaurant and premises and has a rateable value of £25,000. The 2026/27 UBR for this property would be 38.0p. Source VOA
EPC
The premises have an EPC assessment of: B (40) and is valid until 6 October 2034
Legal Costs
Each party is to bear their own legal costs incurred.
Accommodation
Measurements are quoted on a Gross Internal basis in accordance with the RICS Property Measurement Second Edition.
Planning
The premises has consent for a restaurant falling within Class E (Business, Commerce & Services) of the Use Classes Order 1987 (as amended). Interested parties should clarify their own use direct with the local planning department on 01332 640795.
Viewing
Viewings are by appointment with sole agents Innes England