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4 North Parade Avenue Oxford Ox2 6Lx 4 NORTH PARADE AVENUE OXFORD OX2 6LX TO LET A3 RESTAURANT WITH RESIDENTIAL ACCOMMODATION Location North Parade, or more formally North Parade Avenue, is a niche retail and restaurant location, situated equidistant between Oxford City Centre and Summertown. North Parade is predominantly given over to food and drink retailers in various forms and well regarded for its eclectic, colourful and vibrant streetscape. The restaurant is conveniently located just off the Banbury Road, close to the acclaimed Gees Restaurant and in an affluent and desirable residential area. 4 North Parade, Oxford Description and Proposal The subject property comprises a mid-terrace restaurant which has been substantially extended over time. At ground floor level the property is arranged as a bar and restaurant with a fully fitted kitchen located to the rear, followed by various storage, preparation areas and staff facilities thereafter. From the dining area there is access to the basement via a conventional and also a small spiral staircase, where WCs are situated. From the main entrance there are stairs to the 1st floor which offers a further dining area currently used as a function room, with toilets located to the rear. To the rear of the property and accessed via an external walkway, there is a self-contained apartment comprising of 2 bedrooms, a lounge / kitchen and a bathroom. There is a small courtyard garden. The property has been an iconic Oxford restaurant for the past 50 years and now offers the opportunity to create an exciting new offering in an extremely popular and north Oxford venue. North Parade benefits from an affluent nearby population, with custom generated throughout afternoons and evenings. Restaurant accommodation Ground floor: 84.02 sq m (904 sq ft) First floor: 43.90 sq m (473 sq ft)) Terms and Rent The property is available by way of a new full repairing and insuring lease, without premium, for a £ term to be agreed, at an initial rent of 45,000 per annum. Use The premises benefit from an A3 Restaurant use. VAT All figures quoted are exclusive of VAT where applicable. Services We have not tested any services, and offer no warranty as to their condition. Business Rates £ The premises are listed as restaurant and premises and have a rateable value of 11,750 ‘A’ The residential upper parts are within Council Tax Band . Legal Costs Each party to bear their own legal costs incurred in the transaction. Viewings Strictly by appointment with the sole letting agents. Sat Nav Ref: OX2 6LX 4 North Parade, Oxford Further information and viewing arrangements: Craig Middleton Mike Watson 01865 812750 01865 812740 [email protected] [email protected] EPC The property has an EPC rating of E: 118 Cluttons LLP for itself and as agent for the vendor or lessor (as appropriate) gives notice that: 1.These particulars are only a general outline for the guidance of intending purchasers or lessees and do not constitute in whole or in part an offer or a Contract. 2. Reasonable endeavours have been made to ensure that the information given in these particulars is materially correct but any intending purchaser or lessee should satisfy themself by inspection, searches, enquiries and survey as to the correctness of each statement. 3. All statements in these particulars are made without responsibility on the part of Cluttons LLP or the vendor or lessor. 4. No statement in these particulars is to be relied upon as a statement or representation of fact. 5. Neither Cluttons LLP nor anyone in its employment or acting on its behalf has authority to make any representation or warranty in relation to this property. 6. Nothing in these particulars shall be deemed to be a statement that the property is in good repair or condition or otherwise nor that any services or facilities are in good working order. 7. Photographs may show only certain parts and aspects of the property at the time when the photographs were taken and you should rely upon actual inspection. 8 .No assumption should be made in respect of parts of the property not shown in photographs. 9. Any areas, measurements or distances are only approximate. 10. Any reference to alterations or use is not intended to be a statement that any necessary planning, building regulation, listed building or any other consent has been obtained. 11. Amounts quoted are exclusive of VAT if applicable. .
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