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Bar/Restaurant In Prominent Location, 1 Bethesda Street, Hanley, Stoke on Trent, ST1 1QF

1,996 Sq Ft / Leisure / Restaurants / Cafes

To Let - £20,000.00 per annum

Available - Last updated: 19 November 2021

The property forms part of an impressive Grade II Listed building constructed in 1858 for the Staffordshire Potteries Waterboard Company. In recent years the premises have been occupied as a wine bar and restaurant although since being vacant the internal accommodation has been restored to shell and core condition ready for a tenants fit-out. Occupying a prominent position at the junction of Bethesda Street and Albion Street, the property is opposite the Potteries Museum and Art Gallery and close to the Cultural Quarter (including Regent Theatre), Victoria Hall, Mitchell Arts Centre and the city's new bus centre. More importantly, the new ’Smithfield’ Central Business District (CBD) is now partially complete with the recent construction of two principal office buildings, one of which is occupied by Stoke on Trent City Council and the other Waterplus. A 140 bedroom eight-storey ‘Hilton’ Garden Inn hotel is about to be constructed which is expected to be finished in 2019.

Location

As can be seen on the attached location plans, the property enjoys a very prominent position on Bethesda Street with return frontage to Albion Street, located opposite the Potteries Museum, and close to the Courts of Justice, Police Station, Town Hall, City Library and The Sentinel offices. Bethesda Street links to St John Street which has a large multi storey car park and access to the bus station. Next door to the property on Albion Street is the Bethesda Chapel which has recently re-opened as a public venue and potential future Registry Office. The pedestrianized walkway of Piccadilly provides a direct route through the Cultural Quarter and the heart of the main shopping facilities of the city. The vehicular thoroughfare of Broad Street links to the Potteries Way ring road which serves the Central Business District/Civic Offices. Immediately opposite is a new and extended area of public realm which provides public amenity space upon which it is intended to display a Spitfire plane as a visitor attraction and in recognition of the achievements of Potteries born Reginald Mitchell, who designed the plane.

Accommodation

The premises comprises a self-contained unit with a GIA of approximately 1,966 sq.ft. (182.7 sq.m.)

Terms

VAT - The rent will be subject to VAT.

SERVICES - We understand mains gas, electric and water are available to the property subject to any re-connection fees which may apply. Please note that no services have been tested by the agents.

BUSINESS RATES - The business rates assessment is currently removed from the Rating List.

INCENTIVES - Subject to negotiation the landlord is prepared to incorporate incentives into the agreement to contribute towards the fit out costs. Incentives given will be dependent upon corement strength, rent and term of years agreed.

TENURE - Available by way of a new Full Repairing and Insuring lease (by way of a Service Charge) for a term of years to be agreed subject to rent reviews every three years and with the incoming tenant being responsible for the landlord’s reasonable legal fees.

RENT - £20,000 pax

Specification

  • Fantastic business opportunity
  • Prominently located ground floor bar/restaurant premises
  • Restored to a ‘shell finish’ and extending to 1,996 sq.ft. (GIA)
  • Planning granted (App no 60818/FUL) for restaurant and drinking establishment
  • City Centre location opposite Library, museum and Public Realm area

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £20,000.00 per annum

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Agency Team

Rory Mack Associates Ltd

01782 365492



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