Terracotta Restaurant, 25 Highcross Street, Leicester, LE1 4PF
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Restaurant for sale
Key features
- Well Presented City Centre Restaurant
- Sought After Highcross Location
- New Lease Immediately Available
- Car Park to the Rear
- In Excess of 160 Internal Covers
- Energy Rating B
- Christie & Co Ref: 5760509
Description
Terracotta is located in the highly popular Highcross food and drink area of Leicester. Other local amenities include; Showcase cinema, numerous pubs, bars and cocktail bars, museum’s art galleries, King Richard III visitor centre and Leicester University.
Internal Details• Turnkey offering
• Circa 160 to 200 Total restaurant covers
• 2 private dining rooms
• Hot plate areas
• Well-equipped commercial kitchen
• Generous storage
These are to be included within the sale.
External Details• Fantastic corner frontage
• Highly sort after LE1 Highcross location
• 4 secure car park spaces
Terracotta provides an excellent opportunity for a discerning operator to take advantage of this turnkey offering. Incredibly well positioned near the Highcross Shopping centre, it offers immediate availability due to the fixture and fittings included and its current condition. It has a fantastic commercial kitchen which is incredibly well equipped. Offering 160 to 200 covers, this is an excellent sized restaurant for an operator to achieve a high level of turnover in this popular area for Leicester’s dining customer base. Internal viewing is highly recommended.
Trading InformationThe restaurant has been closed for some time and there are therefore no accounts available.
TenureWe are offering a New Lease with Nil Premium. The passing rent for the first 3 years would be £60,000 pa for 3 to 6 years equal £70,000 and from year 6, £80,000.
Business RatesRateable value £28,500 from 1st April 2023.
RegulatoryWe understand the premises is fully licenced and free of tie.
Energy Performance Certificates
EPC 1Brochures
Terracotta Restaurant, 25 Highcross Street, Leicester, LE1 4PF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leicester Station0.7 miles
- South Wigston Station3.7 miles
- Syston Station4.7 miles
About Christie & Co, Pubs & Restaurants
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Notes
Disclaimer - Property reference 5760509-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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