Key Information
- Income producing - currently £46,000 pa
- Comprises 3 ground floor units and first floor restaurant
- Public parking directly opposite
- Situated close to Vaillant Live venue and a short walk to city centre
- Freehold offers invited in the region of £485,000
The property comprises a parade of ground floor retail units with a large first floor restaurant above. 51 Abbey Street - offices let as a care agency. The accommodation provides an open plan office, 2 smaller rooms, separate kitchen and w.c. facilities 55 Abbey Street - retail unit let as an off licence. There is a small kitchen to the rear along with storage and w.c.. 59 Abbey Street - sushi restaurant. The premises comprises seating and bar area with commercial kitchen to the rear and customer w.c.'s First Floor 51-59 Abbey Street - restaurant premises with staircase approach leading to a seating/bar areas with large open plan seating area and full commercial kitchen to the rear. There is a metal fire escape staircase from the rear the the restaurant. In addition their is a staircase leading to chilled storage area.
Location
Abbey Street is a main arterial road linking the inner ring road, through to Curzon Street and Friar Gate and is a couple of minutes drive to the Burton Road. The 3,500 capacity Vaillant Live venue is a short walk away on Colyear Street with the heart of the city centre within a 10 minute walk. The inner ring road provides access around the city and links with the A38/A52 network. The properties are situated in a mixed commercial and residential area and there is a substantial public car park situated immediately opposite.
VAT
All figures quoted are exclusive of VAT. The property is registered for VAT which will be charged at the prevailing rate.
Rates
The tenants individually pay business rates if applicable
EPC
A copy of the EPCs are available on request.
Legal Costs
Each party is to bear their own legal costs incurred with this transaction.
Accommodation
Measurements are quoted on a Net Internal basis in accordance with the RICS Property Measurement First Edition.
Viewing
Viewings are by appointment with sole agents Innes England