Retail to let - Former Winterbourne Arms/Damson, Winterbourne, Newbury, RG20 8BB
Former Winterbourne Arms/Damson, Winterbourne, Newbury, RG20 8BB
Rent
£27,500 pa
Size
2,971 sq ft
Use Class
E
Tenure
freehold
Listed
3 months ago
Property Description
<strong>Description</strong><br>A detached restaurant property that benefits from two distinct trading areas with an open plan customer area on the ground floor and Chef's Table and living accommodation on the first floor. <br />
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The ground floor offers direct front access, with the customer area positioned close to the high-specification open trade kitchen and pass, creating a vibrant and connected dining experience. The customer areas are finished to a high standard and benefit from a combination of loose and fixed seating. Ancillary space includes customer WCs (including accessible). The kitchen benefits from a preparation and wash-up areas with purpose built single storey refrigeration and two storage areas to the rear. <br />
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The first floor is accessed via a wide stairwell which opens on to a landing space; immediately to the front is a glazed partitioned function and events room ("Chef's Table") with its own cooking station, preparation and service counters. <br />
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The remaining rooms can be configured to suit and are currently configured to provide private living space including a bathroom, reception, galley kitchen and bedroom.<br />
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The property sits on a plot of approximately 0.393 acres.<br><br><strong>Specifications</strong><br>The property is connected to mains electricity, water and drainage. *The property does not currently benefit from central heating which will be connected via installation of a ground source heat pump once terms are agreed. The property benefits from a recently installed central log burning stove. The kitchen used induction.<br><br><strong>Viewings</strong><br>The business is currently closed. Please visit the location before requesting a formal viewing, strictly by appointment with Savills.<br><br><strong>Terms</strong><br>Leasehold: Rental offers are invited for the benefit of a new free of tie lease with terms to be agreed. Security will be required which will include a rent deposit. <br />
Freehold: Offers are invited for the sale of the freehold interest (title BK192072).<br><br><strong>Planning & Conservation</strong><br>The former public house benefits from Class E Commercial restaurant use under the Town and Country Planning (Use Classes) Order 1987 (as amended), application 23/00108/FUL (granted 25th May 2023).<br><br><strong>Rateable Value & EPC</strong><br>Rateable Value 2023 - £27,500 (this is not the rates payable). Energy Performance Certificate is in the process of completion.<br><br><strong>The Business</strong><br>The property has up until September 2025 been operated under a lease agreement as "Damson", an independent Michelin Guide restaurant. <br />
There will be no financial information available nor warranted.<br><br><strong>Fixtures & Fittings</strong><br>The majority of loose items of fixtures and fittings are subject to separate ownership and are potentially available to purchase. A detailed inventory is available to review.<br><br>
Total annual occupancy cost
Estimate only — confirm exact figures with the agent.
Rent
£27,500
Total per year
£27,500
≈ £2,292 / month≈ £9.26 / sq ft / year
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