The Stage Door

The Stage Door
£ 350,000

Published on March 1, 2017

Building:
The Stage Door
Address:
26 North Silver Street
Postcode / City:
AB10 1RN Aberdeen
Type:
FOR SALE / TO LET
Info PDF:
Download
Square Feet:
5,229

Description

ESTABLISHED RESTAURANT

The property comprises an established restaurant within a substantial granite and slate building.

LOCATION

The property occupies a prominent site on North Silver Street approximately quarter of a mile north of Union Street, Aberdeen’s principal shopping thoroughfare.

The popular Golden square office location is situated at the south end of North Silver Street and immediately to the north is Her Majesty’s Theatre.

Aberdeen is Scotland’s third largest city with a population in the region of 215,000 and a catchment of around 500,000 and boasts one of the most dynamic economies within the UK.

ACCOMMODATION

The following accommodation is provided measured on a gross internal basis

Ground Floor
Entrance                                                              17.6 m2 (189 sq ft)

First Floor
Main restaurant
with up to 180 covers,
male and female toilets,
kitchen, prep, storage, cloaks                            357 m2 (3,843 sq ft)

Basement
Storage, goods hoist                                              68 m2 (732 sq ft)

Mezzanine
Staffroom with en-suite
shower room, goods hoist                                   43.2 m2 (465 sq ft)

TOTAL                                                              485.8 m2 (5,229 sq ft)

SERVICES

Mains electricity, water, drainage and gas are installed. Heating is by a gas fired system.

RATING ASSESSMENT

The property is entered in the current valuation roll as follows:

Stage Door – Net & Rateable Value– £37,500 with a proposed Rateable Value of £34,250 from 1st April 2017. Any new occupier will have the right of appeal against the proposed value.

The Uniform Business Rate for the year 2016/2017 is 51.0p.

LICENSE

The Stage Door was licensed from 12 noon until 1am 7 days a week.

PRICE

Offers in the region of £350,000 are invited.

LEASE TERMS

Alternatively, the property is available for lease on the usual full repairing and insuring terms at a rental of £35,000 per annum.

VAT

All figures quoted are exclusive of Value Added Tax.

ENTRY

On completion of legal formalities/transfer of licenses.

EPC

The property has an EPC rating of G. Further details are available on request.

LEGAL COSTS

Each party will be responsible for their own legal costs in connection with the transaction with the ingoing tenant/purchaser liable for LBTT and registration dues in the normal manner.

OFFERS & VIEWINGS

All offers should be submitted in writing to the sole agents who will also make arrangements to view.

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