Leisure to let - Grey Friar, 114 Friargate, Preston, PR1 2EJ

<strong>Description</strong><br>The Grey Friar occupies the ground floor and part of the first floor of a detached, two storey brick built property, with large glazed frontage at ground floor level, under a pitched roof. To the front of the property, there is a external trade terrace to provide seating for approximately 24 customers.<br><br><strong>Accommodation</strong><br>Ground Floor: Open plan trading accommodation with central bar servery. The trading area consists of a variety of fixed booth seating and loose tables and chairs, as well as two raised floor areas, for approximately 390 customers. Ancillary trade areas include: customer WC's, staff room, stores, trade kitchen, manager's office, glass wash room, boiler room and two beer cellars.<br /> <br /> First Floor: The first floor provides stores and rear access to the property for beer deliveries.<br><br><strong>Tenure</strong><br>Leasehold. Held on a lease expiring in March 2046 with upwards only, five yearly open market rent reviews. There is a tenant break clause in March 2031. The most recent annual service charge is £6,632.<br><br><strong>Rateable Value & EPC</strong><br>2023 Rateable Value - £102,000 <br /> EPC Rating: D - 93<br><br><strong>Premises Licence</strong><br>The Property benefits from a premises licence permitting the sale of alcohol until 00:30 Sunday-Thursday and 01:00 Friday-Saturday.<br><br><strong>Terms</strong><br>Rental offers are invited for the benefit of a new sub-lease.<br><br><strong>Planning</strong><br>The property is not listed or located within a Conservation Area.<br><br><strong>Trading Information</strong><br>Historic trading information may be available to interested parties upon written request.<br><br><strong>Fixtures and Fittings & Stock</strong><br>Fixtures and fittings with the exception of all tills, IT equipment, leased and branded items can be included as part of the sale should they be required. Stock will be removed from the premises prior to completion.<br><br><strong>Viewings & Terms</strong><br>Interested parties are asked to undertake discreet customer visits in the first instance. No formal viewings will be permitted unless arranged through the joint selling agents Savills and CBRE. Under no circumstances should any direct approach be made to any of our clients staff. <br /> <br /> Offers are invited for the benefit of a new sublease. <br /> <br /> To see further available JD Wetherspoon Public Houses across England, Scotland and Wales please visit:<br /> jdwdisposals.co.uk<br><br>