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Last Updated: 01st Sep 2020
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DescriptionBitterne Park is located to the east of the city centre on the east side of Cobden Bridge.The subject property is located close to The Triangle and is surrounded by an established densley populated residential area.The property is located on Manor Farm Road fronting Whitworth Crescent and comprises a ground floor restaurant with a kitchen at the rear and first floor ancillary space.AccommodationGround floorRestaurant - 914 sq ft (84.88 sq m)Room - 191 sq ft (17.79 sq m)Kitchen - 322 sq ft (29.93 sq m)Store - 142 sq ft (13.2 sq m)First floor ancillary - 497 sq ft (46.21 sq m)Total Floor Area - 2,067 sq ft (192.01 sq m)PlanningWe understand the current permitted use to be A3 (Restaurant and Cafe). All parties are advised to make their own enquiries of the local authority for confirmation.EPC TextAsset Rating D-80RatingRateable Value £12,500Source - voa.gov.ukThe 2019/2020 standard multiplier is 0.491 (49.1 p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation.TermsOffers sought in the region of £250,000 for the freehold, subject to contract.Leasehold interest considered at a rent of £20,000 per annum exclusive of rates, VAT (if applicable) and all other outgoings.
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