To Let £15,000 Per Annum Plus VAT Established Café in Central Leamington Spa
1,703 Sq Ft (158.21 Sq M)
The Royal Pump Rooms Cafe, The Parade, Leamington Spa, Warwickshire CV32 4AA Property Highlights • Unique opportunity to take a lease on an established Licenced café in the centre of Leamington Spa Michelle Mills • Current average footfall through the Royal Pump Rooms main entrance is 455,000 02476 308 900 • High volume of customers during peak season June to November 07538 258952 • Minimum opening hours 10.00hrs to 17.00hrs Monday to Saturday and 10.00hrs to 16.00hrs on Sundays • Potential to extend hours and offer early morning/ evening [email protected] services • Café provided fully fitted out with furniture. • Immediately available by way of a new lease direct with the Landlord www.bromwichhardy.com • Fully refurbished in January 2019
Location The Royal Pump Rooms is located at the southern end of the Pump Room Gardens and opposite the historic landscaped Jephson Gardens. The building occupies a landmark site at the bottom of The Parade, which connects Leamington's New Town to the Old Town on the south bank of the River Leam.
Description The Royal Pump Rooms have an interesting history, originally opening in the late 18th century as a spa bath they quickly became one of the most famous in Europe. As the spa industry began to wane the Assembly Rooms were transformed into a tea room with an unusual drinking fountain so that passersby could taste the spa waters.
The Royal Pump Rooms Café is an established business which has recently enjoyed a turnover of approximately £250,000 a year, and it presents great potential to increase this. There is the opportunity to offer earlier and later opening hours, to provide catering to events being held in the Assembly Rooms. The cafe is fully Licenced and has potential to host pop-up bar and restaurant events and provide evening food and entertainment. The Landlord is also willing to consider allowing a new operator to extend the external seating area to include external areas underneath the colonnade.
Accommodation
The property comprises a large open plan Licenced café area at ground floor level accessed independently from The Parade and also via a shared access with the Museum, Library and Assembly Rooms. A large serving counter lies to one side and to the rear of this, accessed via a separate door, is the fully equipped kitchen complete with Rational. A large walk-in chiller is located separately with additional food storage. There are separate male and female WCs exclusively for café staff use, along with a changing break out area, and also public WCs. The main café area comes complete with tables and seating as shown in the pictures.
Description Sq Ft Sq M
Ground Floor Cafe 1,703 158.21 Total 1,703 158.21
Business Rates Rateable Value (2019/20) £8,500 Rates Payable £4,173 This is an estimation of rates payable, please make your own enquiries at the Valuation Office for a definitive cost.
Tenure Immediately available by way of a new lease direct with the Landlord. EPC The property has an EPC Rating of D-81.
Viewing Strictly by appointment with the agent Bromwich Hardy.
Legal Costs Each party is to bear their own legal and surveyors costs incurred in this transaction.
Further details on rent and utility costs can be found below.
Bromwich Hardy 024 7630 8900 1 The Cobalt Centre, Siskin Parkway East [email protected]
Middlemarch Business Parkway, Coventry CV3 4PE www.bromwichhardy.com
Warwick District Council are in a position to award a 3-year lease on the Café in the Royal Pump
Rooms, The Parade, Royal Leamington Spa, Warwickshire, CV32 4AA. The Council is seeking a new operator to begin trading as soon as possible.
The Café is an integral part of the Royal Pump Rooms. As well as its own patrons, the Café also serves the customers of the other operators located within the building, such as Leamington Spa Art Gallery & Museum, the Sales & Information desk, Leamington Library and various events spaces. The Café must work collaboratively with those operators to ensure the best possible experience for all visitors to the venue. The Café should complement and enhance the visitor experience with a suitably high-quality catering offer and level of service. The Café’s offering, including its styling and branding, must be aligned with the creative, cultural nature of
those services and also be in keeping with building’s heritage and status as a Grade II listed building.
The current average annual footfall through the Royal Pump Rooms main entrance is 455,000. The Café must respond appropriately to seasonal variations in footfall in order to service
customer demand. There will be a high volume of customers during the peak tourism season (June – November) with a particular peak month in August.
Opening times must be aligned as closely as possible with the other services delivered from the building. Therefore, the minimum opening hours of the Café will be 10:00 – 17:00 Monday to Saturday and 10:00 – 16:00 on Sundays. Although, there is also the opportunity to operate the Café independently, outside of these times in the early morning / evenings.
The quoting rent is £15,000 per annum, payable quarterly and in advance, and an additional amount is payable to cover services and utilities including gas, electricity, water, cleaning of common areas, CCTV and phone line and broadband. This currently amounts to approximately £13,000 pa, further details of running costs can be provided.
The incoming tenant will be responsible for maintaining and repairing everything internally, i.e. the equipment, contents, decorations. The Council will be responsible repairs and maintenance to the external structure of the building including windows & doors into the café.
The café was refurbished at the beginning of 2019 and comes fully furnished, but if the operator wishes to use their own furniture this could be stored elsewhere.
Interested parties should submit their proposals for the café by Tuesday 3rd December 2019
to: Michelle Mills MRICS: email: [email protected] or Bromwich Hardy Commercial Agents, 1 The Cobalt Centre, Siskin Parkway East, Middlemarch Business Park, COVENTRY, CV3 4PE.
Access to site for tours and information can easily be arranged. A full inventory and plans can
be provided.
Proposals should include business plans along with details of the applicants experience in catering, your financial positions, plus details of your offer in terms of rent, ability to pay a certain number of months up front, etc.
Expressions of interest should indicate how long you anticipate needing for mobilisation, and an anticipated start date.
The Council will use this information to shortlist a number of operators who will be invited for th interview week commencing 9 December 2019.
Bromwich Hardy 024 7630 8900 1 The Cobalt Centre, Siskin Parkway East [email protected]
Middlemarch Business Parkway, Coventry CV3 4PE www.bromwichhardy.com
Misrepresentations Act 1967. Unfair Contract Terms 1977. Consumer Protection Regulations under Unfair Trading Regulations 2008. The Business Protection Regulations from Misleading Marketing Regulations 2008. These particulars are issued without any responsibility on Ad to rely. Neither the agent or any person in their employ has an authority to make or give any representation or warrant whatsoever in relation to the property. November 2019.
Bromwich Hardy 024 7630 8900 1 The Cobalt Centre, Siskin Parkway East [email protected]
Middlemarch Business Parkway, Coventry CV3 4PE www.bromwichhardy.com