Former Cardamom Club is a very well known ground floor property. Which sits alongside and underneath the Days Hotel. The owners of the hotel are about to implement a far-reaching refurbishment to raise the quality of what is already a very busy hotel. The site is in a very busy and accessible location. Right on Pentagon Island which is one of Derby’s best known road junctions. It sits next door to a very busy Virgin Active gym. Behind sits Derbyshire County Cricket ground. The ground is currently going through an exciting phase of redevelopment. Car parking for customers will be available to the front of the property. By agreement with the hotel, in addition there are overflow car parking spaces in the vicinity.
This is a very large ground floor restaurant or leisure unit. It is being leased partially fitted out as can be depicted by some of the internal photographs. Included with the property is a large bar area. A very large kitchen. Which includes some fit-for-purpose appliances (inventory available). We are therefore offering an opportunity for an operator to take the accommodation. To potentially gear up for opening very quickly.
The property is available by way of a new full repairing and insuring Lease for a flexible number of years. The Landlord is keen to attract a quality occupier who will complement the hotel offer. There may be scope for combining the hotel and the restaurant. However that opportunity will not be on the table for very long.
By way of a guide asking rent we are quoting offers around £45,000 pax. We understand the premises have a rateable value of £75,000 pa.
The property receives its main gas and electric feed via the hotel. A mechanism will be in place to recharge the utilities used by the restaurant.
Updated on December 23, 2016 at 11:01 am