Description
Mid-terraced ground floor fully fitted café / restaurant premises. High footfall with High Street frontage. Internally, the premises is fitted to an excellent standard, with open plan seating to the front, counter / bar, separate more secluded seating areas to the middle, fully equipped kitchen area and 2 male and female WCs to the rear. There is also a rear access leading to a demised parking space.
Key Features
- Prominent High Street location
- Excellent finish throughout
- Extensive premises with 38ft built depth
- Numerous covers
- Fully equipped kitchen
- Ready for assignee to start trading immediately
Accommodation
The net internal floor area, measured in accordance with the RICS Code of Measuring Practice is calculated as follows:-
Sales Area: 560 sq ft (52.02 m²)
Ancillary storage: 678 sq ft (62.99 m2)
Separate W.C./Cloakroom
Total: 1,238 sq ft (115.00 m2)
Lease
Lease - Available by way of a lease assignment. The lease is drafted on a full, repairing and insuring basis for a term of 15 years from 23 February 2018 and therefore expring 22 February 2033. The rent reviews are 5 yearly and the next is 23 February 2028. The lease is granted inside of the security of tenure provisions of the Landlord and Tenant Act 1954. A copy of the Lease is available upon request.
Passing Rent
£26,000 per annum exclusive
Premium
There will be a lease premium payable by the assignee to the assignor of £70,000 for the benefit of the lease and agreed list of fixtures and fittings. A copy of the list of fixtures and fittings is available upon application.
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 - 38
Business Rates
Rateable Value: £24,000
Rates Payable: £11,976 (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 tenant will be required to satisfy all Anti Money Laundering requirements when Heads of Terms are agreed.
Viewing Arrangements
Via prior appointment through sole Agents Graves Jenkins.