TO LET

TO LET
RESTAURANT/CAFE
Shearman Hall, Milk Street, Shrewsbury, Shropshire
SY1 1SZ
Prominently positioned town centre restaurant/ cafe
Total area 2,788 sq ft (259 sq m)
Busy trading location
Rent: £23,000 per annum
(Exclusive)
hallsgb.com
01743 450 700
TO LET
RESTAURANT/ CAFE
Shearman Hall, Milk Street, Shrewsbury, Shropshire SY1 1SZ
Location
The property is located on Milk Street, which sits at a right angle
to the top of Wyle Cop and the High Street. The area is
picturesque, comprising a mix of Tudor, Elizabethan and
Georgian architecture, either side of partly cobbled streets.
Surrounding occupiers include independent boutiques, Bang
and Olufsen, Rackhams Department Store, The Old Post Office
public house and The Convent School.
Shrewsbury is the County Town of Shropshire with a borough
population in excess of 90,000 people and an estimated retail
catchment in excess of 250,000 people within 30 minutes drive
time. Shrewsbury Tourism Economic Impact Assessment
estimates that in excess of 2.5 million people visit the town
annually with an estimated tourism spend of £130,000,000.
Description
Rent
£23,000 per annum (exclusive)
Tenure
The property is available to let on a Tenants Full Repairing and
Insuring basis, for a term of years by negotiation.
Fixtures and fittings
Items usually classed as tenants fixtures and fittings including
restaurant furniture, decoration and pictures, cooking and
kitchen equipment, server etc may be available by separate
negotiation.
Rateable value
We have made verbal enquiries to the local authority and have
been advised as follows: -
The property provides a first floor restaurant/ cafe premises
wth second floor office and ground floor entrance foyer.
Business Rates (2015/16): Rateable Value (2015/16):
The main restaurant space is open plan and incorporates a bar
area and seating for 60 covers. The accommodation has been
decorated to a high standard incorporating wood effect vinyl
flooring, attractive panelling to the walls and electric powered
infa-red heating panels to the ceiling.
However interested parties should make their own enquiries to
the local authority.
There are male and female WC facilities (including disabled) to
the rear of the main restaaurant area, and a separate kitchen.
There is also a lift which links the rear of the ground floor of the
premises to the first floor restaurant.
The stone mullioned windows which look down the length of the
High Street are a particular feature of the accommodation and
ensure there is plenty of light.
Energy performance rating
The property is believed to be listed therefore an EPC is not
necessary.
Legal costs
The incoming Tenant is to be responsible for the landlords
reasonable legal costs incurred in respect of the granting of the
lease.
Local Authority
Shropshire Council, Shirehall, Abbey Foregate, Shrewsbury SY2
6ND Telephone: 0345 678 9000
Accommodation
(All measurements are approximate only)
Ground Floor
Foyer
Financial Act 1989
All figures are quoted exclusive of VAT. Any intending Purchaser
should satisfy themselves independently as to VAT in respect of
any transaction.
First Floor
Restaurant area Drink store Kitchen
Kitchen store
1,078.1 sq ft (100.2 sq m)
38.6 sq ft (3.6 sq m)
239.6 sq ft (22.3 sq m)
63.7 sq ft (5.9 sq m)
Second floor
Offices 290.1 sq ft (27 sq m)
Planning
The property is understood to benefit from planning consent for
A3 (Restaurant use). The property would lend itself to
alternative uses, subject to statutory consents.
Interested parties are advised to make their own enquiries to
the local authority.
hallsgb.com
£16,000
£7,888
Viewing
Strictly by prior arrangement with the sole agent. For more
information or to arrange a viewing please contact:
James Evans
E: [email protected]
Rebecca Welch
E: [email protected]
01743 450 700
Agency / Investment / Valuation / Professional / Management / Development
TO LET
RESTAURANT/ CAFE
Shearman Hall, Milk Street, Shrewsbury, Shropshire SY1 1SZ
01743 450 700
E:[email protected]
F: 01743 443759
W:hallsgb.com
IMPORTANT NOTICE Halls have advised their clients on the Code of Practice for Commercial Leases in England and Wales. Halls, for themselves and for the vendor of this property, or as the case may
be, lessor whose agent they are, given notice that: i) These particulars are intended for guidance only. They are prepared and issued in good faith and are intended to give a fair description but do not
consitute part of an over or contract. Any information given should not be relied on as a statement or representation of fact or that the property or its services are in good condition. ii) Halls have not made
any investigations into the existance or otherwise of any issues concerning pollution and potential land, air and water contamination. The purchaser is responsible for making his or her own enquiries in
this regard. iii) Neither Halls nor any of their employees has any authority to make or give any representation or warranty whatsoever in relation to the property. iv) The images show only certain parts
and aspects of the property at the time they were taken/created. Any areas, measurements or distances given are approximate only. Any plans are for identification purposes only. v) Any reference
to alterations to, or use of, any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. An intending purchaser must verify these
matters. An occupier should not rely upon the Use stated in these particulars and should check their proposed use with the relevant Planning Authority .
hallsgb.com
Shrewsbury / West Midlands / Worcester