Lower Castlereagh Street

The premises comprise a single storey lock up facility providing a restaurant/takeaway leasehold opportunity. In the past it has been used for a variety of hot foods including Indian and Italian. The premises has 16 covers but this could easily be doubled by incorporating additional dining facilities into what is presently a storeroom. The premises are fully equipped and incorporate Food Preparation Area, Customer/Dining Area, Kitchen, Storage and WC facilities.

Location

The property occupies a prominent location at the junction of Blucher Street/Lower Castlereagh Street. It lies close to the town centre's drinking circuit close to popular venues on Wellington Street, Pitt Street and Peel Street and is within a short walking distance of them. The premises are within a short catchment of high-density housing to the south and southwest for takeaway delivery opportunities.

Services

All mains services are believed to be connected including 3 phase electricity. None of the services have been tested and we are therefore unable to issue any warranties as to their condition and serviceability.

Lease Details

The premises are available by way of a new lease, the terms of which are to be negotiated. The lease will be on FRI terms for a minimum period of 5 years. Rent will be payable quarterly in advance and the current Building Insurance premium Is £490 per annum. A rent bond of £3000 will be required.

Quoting Terms

The lease Is available at a quoting rental of £13,500 per annum plus a premium of £13,000 for the equipment or alternatively a rent of £17,250 per annum for the premises and equipment as a whole.

External

To the front the property has a hardsurfaced forecourt capable of parking 4/5 cars.