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
VAT is not payable on the sale price.
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