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El Torito
46 Portsmouth Road, Cobham, Surrey KT11 1HY

Freehold for Sale: LARGE RESTAURANT PREMISES WITH UPPER PARTS & OUTBUILDINGS
8,061 sq ft (749 sq m)

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Contact


Further details on the property and commercial terms on application. For more information please contact:

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Maurice Johnson maurice@hurstwarne.co.uk
Leatherhead Office T 01372 360190

Property Information


Plans:

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Site Plan (jpg opens new window)

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Floor Plan (pdf opens new window)

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New Road Access Plans (pdf opens new window)

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Planning Consent (pdf opens new window)

Description:
The premises comprise Grade II Listed premises with a Georgian style frontage arranged over ground and two upper floors, with a modern single storey extension to the rear. To the rear of the main building is a separate outbuilding plus an additional single storey building and rear area for car parking. Adjacent to the main building is a single storey building with shop frontage fronting Portsmouth Road currently trading as a BBQ shop. The premises will be offered with vehicular access to the rear off Post Boys Row which is to share a new access with the adjacent Cobham Lodge Hotel. The main restaurant is split into two distinctive areas with exposed beams and open fireplaces to the front and many additional features including a sunken cellar, and a large open plan restaurant area to the rear within a more modern extension with feature glazing throughout. The first floor is currently laid out for staff living accommodation and an additional office area. The second floor accommodation is currently used for storage purposes only, and has partial restricted height.

Location:
The premises are located in an extremely prominent position in central Cobham adjacent a roundabout linking Portsmouth Road to Post Boys Row. The premises are located less than 1 mile from the A3 and 2.5 miles from Junction 10 of the M25 motorway.

Amenities


• Feature Grade II Listed restaurant premises
• Excellent redevelopment potential
• Rear outbuildings (currently not used)
• Adjacent BBQ Shop & Store

Accommodation


sq ft

sq m

Ground floor

Restaurant

5,035

468

Kitchen & Ancillary Areas

1,469

136

Total

6,504

604

Plus customer male, female and disabled WCs.

First Floor

7 staff bedrooms, 3 bathrooms and 2 kitchen areas plus small office

Second Floor
(Accessed by steep stairs)

Currently used for storage purposes only

Outbuildings
(Gross External)

Building 1

780

72

Building 2

680

63

BBQ Shop & Store
(Gross Internal)

997

93

Tenure


Terms:
The premises are offered on a freehold basis subject to the following tenancies.
Main Premises & Outbuildings
Currently let for a period of 2 years from April 2010 at a rental of £85,000. The lease is drawn outside of the security of tenure and compensations provisions of the Landlord & Tenant Act 1954 Part II, as amended.
BBQ Shop
Currently let on a lease from 25th December 2002, expiring on 25th December 2012 at a current passing rental of £10,000. The lease is drawn outside the security of tenure and compensations provisions of the Landlord & Tenant Act 1954 Part II, as amended.

Rateable Value:
From internet enquiries, we understand the following rateable values apply.
El Torito Restaurant & Premises RV from April 2010 £55,600
BBQ Shop Shop & Premises RV from April 2010 £3,400

Price:
Guide price of £1.75 million (One Million Seven Hundred and Fifty Thousand Pounds) subject to contract plus VAT.

Legal Costs:
Each party to be responsible for their own legal costs.

Member of Royal Institute of Chartered Surveyors
Agency · Investment · Development · Asset Management · Landlord & Tenant

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