‘Free of tie’ lease, Excellent round-the-clock footfall close to tramstop and NCP car park, Licensed to 10am - 00.30 am everyday, New lease available for immediate occupation, Prominent city centre location, Vacant restaurant-bar unit situated in strong leisure pitch
The former restaurant unit is a ground floor vacant space forming part of the larger “One Fletcher Gate” mixed use development, a prestigious modern development in the heart of Nottingham’s Lace Market. The property was constructed in 2005 and comprises a building of steel portal frame construction arranged over six floors. The ground floor consists of retail units with ninety-nine residential apartments in the five upper floors.The unit has an entrance via the pedestrianised Adams Walk, which leads into an open plan irregular trading space with bar servery, raised area, commercial catering kitchen and customer W.C.s. Ground floor beer cellar, storage rooms and staff room.The unit is 380.28 m2 (approx), has established use for A3 food and drink use and is fully licensed from 10am to 12.30am Monday-Sunday. The unit formally operated as Rub's Smokehouse, but has since ceased trading and is available for immediate occupation.
The Unit is located on the pedestrianised Adams Walk, situated at the top of Fletcher Gate, in the city centre of Nottingham. The site is situated a matter of yards away from the Ibis Hotel and Tesco Express and is adjacent to a stop on the Nottingham tram network. The unit is located in the Lace Market area of the city and links the Hockley leisure area, with its multitude of bars, restaurants, galleries and clothes and design shops, with the high fashion area of Bridlesmith Gate. The area is a vibrant, modern part of the city and is host to a wealth of licensed and leisure operators such as All Bar One, Yo Sushi, Belgo, Piccolino, Red Dog Saloon, Faradays and Baresca - all within the immediate vicinity.
We are advised that the property is not Listed but does fall within the Lace Market Conservation Area. Prospective purchasers are advised to make their own enquiries to Nottingham City Council on 01159 155555.
The premises have now ceased trading. Our client has not occupied the property and therefore does not have access to any historical accounts or trading information.
The Rateable Value has been assessed at £53,000.
We are advised that all mains services are connected to the property.
Property reference: CP1450210_Adams_Walk_Nottingham
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