Commercial property for sale in Nottingham

Description2 to 3 Eldon Chambers is a well-established restaurant location in Nottingham city centre. It has previously been operated by French restaurant Le Mistral and currently as No Twelve, a successful Vegan restaurant, whose business will be closing in May to concentrate on new opportunities. The restaurant is in a good state of décor with exposed brick and high ceilings part of the charming aesthetic. The ground floor restaurant area consists of a central bar, separating the dining areas for a total of 30 covers. On the first floor, there is an additional seating area for a further 30 covers with additional bar servery, suitable for functions and private hire. The second floor consists of a large commercial kitchen, prep area and food store. There is a dumbwaiter lift from the kitchen to ground floor. The basement contains additional storage and customer WCs. The third floor contains a manager’s office and further storage. LocationEldon Chambers is a courtyard development, accessed through an archway off Wheeler Gate in Nottingham city centre. Within a short walk, you have major public points of interest such as Old Market Square, the Victoria Centre, Theatre Royal, Royal Concert Hall and the Cornerhouse. The city of Nottingham has a population of approximately 315,000 and an urban population of 730,000. The city benefits from two universities and is the home of major companies such as Boots, Speedo and Experian. It is also widely regarded as the regional capital of the East Midlands. Internal DetailsGround floor consisting of a 30 cover trading area and central bar. The first floor contains a further 30 cover trading area and back bar. The second floor contains a large commercial kitchen that mirrors the footprints of the trading area and a central dumbwaiter transports food to both trading floors. The top floor contains a manager’s office which is split into two rooms. The basement contains a wine cellar, storage and customer WCs. The condition throughout is generally good and does not appear to require any significant works apart from any operationally focused maintenance. External DetailsThere are no fixed external trading areas but a small decked area has been placed to the front of the restaurant. There are two parking spaces but one of these is covered by the decked area to the front of the restaurant. The OpportunityThis is an opportunity to purchase a vacant freehold restaurant in a city centre location, establishing a permanent home for your business. The restaurant has space for 60 covers with two bars. With the recent announcement of Homes England’s purchase of the former Broadmarsh Shopping Centre, significant regeneration of the southern part of Nottingham city will hopefully result in increased footfall and trade in the area. This is a great opportunity for a restauranteur to purchase a venue that can operate as a cosy and intimate dining space, whilst also having the ability to host functions with a variety of trading opportunities. TenureThe premises are available freehold. Please contact the Sole Selling Agent for further information. Business RatesBusiness rates payable at 1st April 2023 - £18,750 Energy Performance Certificates EPC 1

Commercial property for sale in Nottingham, England

Restaurant for sale

Description

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