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For Sale: Town centre bar/restaurant/leisure premises - 10,520 sq ft (977.33 sq m)
107 High Street, Crawley, West Sussex RH10 1DD
For Sale / To Let
£1,350,000
Call our Crawley Office 01293 401040

Town centre bar/restaurant/leisure premises

£1,350,000
Interested in this property? Call our Crawley Office 01293 401040

Location

The property occupies a prominent main road town centre position, at the northern end of Crawley High Street opposite a Travelodge Hotel and large pay and display car park.  Crawley Leisure Park where tenants include TGI Fridays, Nandos, Bella Italia, McDonalds, Cineworld and Hollywood Bowl is closeby.

The High Street provides a good mix of retail, restaurant, leisure, financial and professional service occupiers including various Public Houses, The George Hotel, Wildwood, Prezzo and a variety of other restaurants.

Located in the heart of the Gatwick Diamond, Crawley is a vibrant and growing town situated equi distant between London and Brighton with a current population of approximately 118,000, extending to over 160,000 persons within a 10kms radius.

Description

A prominent two storey former bar/restaurant/nightclub premises with outside space. The ground floor is fitted as a predominantly open plan restaurant with bar at the front and commercial kitchen, with extraction, to the rear.  The first floor has its own self-contained access and is fitted as a nightclub complete with a mezzanine floor, with bar areas on both levels.  There is an outside area designated as a smoking area but could be utilised for alternative uses.  The premises is finished to a high standard throughout.

Key Features

  • Rarely available freehold leisure opportunity
  • Of interest to investors, developers and owner occupiers
  • Considered suitable for a variety of alternative uses (STC)
  • Town centre location
  • Conversion/reconfiguration/redevelopment opportunities
  • Lease enquiries will be considered in whole or part

Accommodation

The gross internal areas are as follows:-

Ground Floor: 3,125 sq ft (290.32 sq m)
First Floor: 4,870 sq ft (452.43 sq m)
Mezzanine: 2,525 sq ft (234.58 sq m)
Total: 10,520 (977.33 sq m)

Terms

Freehold available with vacant possession.  Alternatively, the premises could be available on a new lease as a whole or in part, subject to agreement of terms and covenant.  Further details on application.

Price

£1,350,000 (One Million Three Hundred and Fifty Thousand Pounds)

Services

Graves Jenkins has not checked and does not accept responsibility for any of the services within this property and would suggest that any in-going tenant or occupier satisfies themselves in this regard.

EPC

Rating B - 33

Business Rates

Ground Floor
Rateable Value: £47,500
Rates Payable: £23,702.50 (2024/25)

Part Ground, 1st & 2nd Floors
Rateable Value: £103,000
Rates Payable: £58,298 (2024/25)

Interested parties are advised to contact Crawley Borough Council Tel: 01293 438000 or www.crawley.gov.uk to verify this information.

VAT

VAT will be payable on the terms quoted.

Legal Fees

Each party to bear their own legal costs involved in the transaction.

AML

The proposed purchaser will be required to satisfy all Anti Money Laundering requirements when Heads of Terms are agreed.

Viewing Arrangements

Strictly via prior appointment through sole Agents Graves Jenkins.

£1,350,000
Interested in this property? Call our Crawley Office 01293 401040

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