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Eighteen 71 Café, Guildhall

To rent: £70,000.00 Per Annum|1561 - 3498 Sq Ft|Pubs/Bars/Clubs, Restaurants/Cafes, Licensed & Leisure

PROPERTY DETAILS

TO RENT£70,000.00 Per Annum
SIZE1561 - 3498 Sq Ft
ADDRESSEighteen 71 Café, Guildhall, The Broadway, Winchester, SO23 9GH
TYPEPubs/Bars/Clubs, Restaurants/Cafes, Licensed & Leisure
TENURETo Let, Under Offer
POSTED ON7th August 2020

DESCRIPTION

Key Points

  • Cafe located in sought after historic city centre
  • Within 19th Century Guildhall building close to tourist attractions
  • Open plan customer areas (approx. 1,937 sq ft)
  • Kitchen and ancillary areas (approx. 1,561 sq ft)
  • Close to proposed regeneration area
  • Guide rent £70,000 per annum exclusive
  • Interested parties to submit formal lease and rental offers by 10 February 2020
  • Summary

    A well-presented, spacious café opportunity located within the historic Guildhall building in central Winchester.

    Description

    Eighteen 71 Café extends to approximately 3,500 sq ft over ground floor and also benefits from external customer areas overlooking the Broadway and Abbey Gardens. The property benefits from a contemporary interior design and spacious, flexible back of house ancillary areas. The property is available with a guide rent of £70,000 per annum exclusive.

    Viewings

    Viewings are to be arranged strictly by appointment with Savills’ Licensed Leisure Team. Please do not approach the business or staff directly. Customer viewings are recommended in the first instance.

    Location

    Eighteen 71 Café is located in the historic city of Winchester, 65 miles south west of London and 13 miles north of Southampton on the western edge of the South Downs National Park. The city has a population of 45,184 and the wider City of Winchester district is 116,800 (2011 Census). The property is located in the landmark Guildhall building on The Broadway at the eastern end of the city's main thoroughfare. Nearby amenities and tourist attractions include Abbey Gardens and attractive waterways linked to the River Itchen. There are a number of food and beverage operators in the area including River Cottage Kitchen, Rick Stein, Pitcher & Piano, Alfies pub and Patisserie Valerie. Located opposite is a key Central Winchester Regeneration area known as Saxon Gate, which proposes to create a vibrant new retail, cultural and heritage centre set within an exceptional public realm.

    Specifications

    Council now has formal authorisation to complete works to separate the cafe from Guildhall. Tenants are invited to submit formal lease and rental offers by Tuesday 4 February 2020. Council & Savills meeting 6 February 2020 to review offers with a view to make a decision ASAP thereafter. Following this, Heads of Terms to be agreed (including drafting agreement for Lease and Lease). Landlord's improvement works to commence after 1 April 2020; potentiall alongside Tenant's works under Agreement for Lease. Formal lease to complete on completion of Landlord's and Tenant's works. Consideration will be given to restaurant and all-day cafe uses.

    LOCATION

    Location: Eighteen 71 Café, Guildhall, The Broadway, Winchester, SO23 9GH

    Winchester (0.6 miles)

    Shawford (2.7 miles)

    Eastleigh (6.2 miles)

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