Pub/bar for sale in 9 Devonshire Street, Carlisle CA3

City Centre Bar/ Restaurant Premises
• Ground floor and basements seating areas capable of holding around 70 covers
• Popular food and drink trading area in city centre
• Devonshire Street undergoing street regeneration project
• Sale includes f & f
• Offered by way of assignment of existing lease
• Currently closed Overview

Former busy city centre bar and restaurant situated on the ground floor and basement of period Grade II Listed property.

Location
Carlisle is the regional centre of Cumbria and south-west Scotland with a population of 75,000 and catchment population of 150,000. Many national retailers have shops in the city centre shopping area and the city has many attractions including a cathedral, castle, racecourse, museums and The Sands Centre. It also lies on the Hadrian’s Wall trail and a short drive from the Lake District National Park, the Solway Coast area of Outstanding Natural Beauty, the North Pennines and Gretna Gateway. The property is situated in Devonshire Street a popular food and drink trading area of the city centre and which is currently undergoing a regeneration project to be finished in 2024.

Accommodation
Ground Floor
Spacious Bar / Restaurant, 7.13m max x 14.08m max, with high ceilings, display window, bar servery, brick feature walls, seating for about 30 and parquet floors.
WC.

Basement
Three Characterful Seating Areas capable of holding around 40 covers, with many features.
Ladies and Gents Toilets.
Kitchens with prep and wash areas.
Beer Cellar.

All references to areas and dimensions are deemed to be approximate.

Services
We are advised that mains water, electricity, gas and drainage are connected to the property. No warranty is given regarding the working order of any appliances or services referred to in these particulars.

Tenure
The property is held on a lease which expires on 31 December 2026 at a rent of £30,000 per annum. The lease has renewal rights under the provisions of the Landlord and Tenant Act 1954. A prospective purchaser/ ingoing tenant will need to be approved by the landlord before the lease can be assigned.

Note that these are the main extracts from the lease as a guide only and a purchaser/ tenant must satisfy himself of all provisions by inspecting a copy of the lease.

Costs
The purchaser/ ingoing tenant will be expected to pay the landlord’s and lessees reasonable legal costs in connection with the assignment of the lease.

Rates
Description in list: Restaurant & Premises
Rateable Value: £21,750

The rateable value is not the rates payable and prospective tenants or purchasers should make their own inquiries with respect to the rating liability.

Fixtures & Fittings
Included in the sale is an inventory of trade fixtures, fittings, equipment and furnishings. Any items not included in these particulars or the inventory are excluded.

Planning
Prospective purchasers or tenants should satisfy themselves that their proposed use complies with all planning regulations by making inquiries with the local planning authority.

Energy Performance Certificate
This property’s current energy rating is D. A copy of the EPC is available on our website.

VAT & Stamp Duty
All reference to price, premium or rent are deemed to be exclusive of VAT unless expressly stated otherwise. No VAT is currently payable on the rent. Stamp duty is liable at the prevailing rates.

Finance
If you require financial assistance, we can refer you to a local professional who can advise on sources of finance and prepare a business plan which most lenders now require.

Money Laundering Legislation
Estate Agents are obliged to obtain evidence of identity and proof of address of buyers to comply with Anti-Money Laundering Legislation, prior to acceptance of an offer.

Viewing
Strictly by appointment with the sole agents, Mere Commercial. Tel.