Crowngate is a dominant retail arcade in Worcester, with its entrance in prime pitch opposite the Marks & Spencer Department Store and the restaurant in question is in the main catering cluster of the scheme with nearby occupiers including Bills, Anatolian and Hash.
The property, which benefits from a Class E planning consent, comprises a formerly fitted restaurant that is set out over three levels. The property has an existing shop front with opening windows and doors that lead on to a large outside terrace.
Available to let on a new effective full repairing and insuring lease at a rent of £60,000 per annum exclusive.
The property is subject to an annual service charge that covers the external repair and maintenance of the unit and the scheme. This is currently set at £6.50 per sqft per annum, with future annual increases capped at RPI.
Ground Floor | 179 sqm | 1,928 sqft |
First Floor | 181 sqm | 1,943 sqft |
Basement | 166 sqm | 1,787 sqft |
Total | 526 sqm | 5,658 sqft |
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