A3 - Restaurants / Cafes - To Let
The Quay, Wells-next-the-Sea
£3,333pcm

DESCRIPTION
A very rare opportunity to take on A3/A5 (restaurant & café/hot food takeaways) premises, in a prime location on The Quay overlooking the harbour. The landmark building was constructed about 35 years ago, replacing “Dons Snack Bar”, from which the owners had traded since the 1960’s, until recent retirement. The open-plan restaurant accommodation extends to approximately 1,021 sq ft (97.45 sq m), with a further 170 sq ft (15.79 sq m) of storage/office space at the rear, excluding public & staff WC’s.

ACCOMMODATION
Accommodation:

Recessed Entrance: 4'6" x 2'4" (1.37m x 0.71m)
With ramped access from The Quay & double doors to;

Open-plan Restaurant, Kitchen & Servery: 30'10" x 24'2" (9.4m x 7.37m) & 22'5" x 17'6" (6.83m x 5.33m)
With recessed side entrance to Tunns Yard.
1,021 sq ft (94.8 sq m)

Public WC: 6'1" x 4'8" (1.85m x 1.42m)
28 sq ft (2.6 sq m)

Rear Stores/Offices/Staff WC: 13'8" x 8'6" (4.17m x 2.59m) max (excluding WC) & 8'2" x 8'1" (2.49m x 2.46m)
169 sq ft (15.6 sq m)

Total:
1,218 sq ft (113.15 sq m)

SERVICES
Mains electricity, water & drainage are connected. Mains gas is available in the building.

TERMS
The property is offered to let on the basis of a 6 year term, inviting rental bids in excess of £40,000 per annum, under effectively fully repairing and insuring terms.

The lease is to be excluded from the security provisions (Sections 24-28) of the Landlord & Tenant Act 1954, but the Landlord will consider offering an option to renew the lease for a further term of 6 years.

The premises may be available to occupy under a licence for “immediate” occupation, at a licence fee and for a licence period to be agreed.

OUTGOINGS
District Council: North Norfolk.

Rateable Value:
The premises are currently assessed for Uniform Business Rates at a Rateable Value of £16,500.

VIEWING
By appointment through the Sole Agents,
Spalding & Co.,
Office Opening Hours:
Monday - Friday: 9:00 a.m. - 5:00 p.m.
Saturday: 9:30 a.m. - 12:30 p.m.

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For further details on this property please call us on:
01328 862396

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