Restaurants in Asfordby Hill available to rent
1

Restaurant to Rent in Asfordby Hill (Melton Mowbray)

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Restaurants to rent within 10 miles of Asfordby Hill (Melton Mowbray)

More details for 1 School Ln, Grantham - Retail to Rent

Geese & Fountain - 1 School Ln

Grantham, NG32 1QR

  • Retail to Let
  • £40,000 pa
  • 4,660 sq ft
  • 1 Unit Available Now
  • Raised Floor
  • Kitchen

Grantham Retail to Rent - Croxton Kerrial

The Geese & Fountain is a two storey stone and brick-built detached property beneath pitched tiled roofs, with single storey flat and pitched roof additions to the rear. The ground floor accommodation briefly consists of three connecting trading areas arranged around a timber bar servery. The Bar Area has approximately 40 covers with wooden floor and beamed ceiling, raised area with darts throw; Dining Area has an additional 20 covers with flagstone flooring and brick built feature fireplace. The Lounge area has easy chair seating for c. 20 with exposed stone walls and open feature fireplace.

Contact:

Everard Cole

Date on Market:

27/09/2024
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LoopNet UK Leicestershire Melton Mowbray Restaurants To Rent in Asfordby Hill, Melton Mowbray, UK

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Frequently Asked Questions About Renting A Restaurant in Asfordby Hill

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What should I consider before renting a restaurant?
Consider the location, footfall, nearby competition, size of the premises, kitchen facilities, extraction systems, licensing, business rates, and whether the layout supports your concept. Planning permission and permitted use are also key.
What is the typical lease length for a restaurant?
Most restaurant leases in the UK are between 5 and 15 years, often with a break clause or rent review after a set period. Short-term lets or pop-ups may be available in some areas.
Do I need planning permission to open a restaurant?
Yes, the premises must have the correct planning use class. Restaurants typically fall under Use Class E (formerly A3). If the premises does not have the correct use, you may need to apply for a change of use through the local council.
What licences do I need to operate a restaurant?
You will need a premises licence if you plan to serve alcohol, play music, or trade late. A food business registration with the local authority is also required before opening.
Are business rates included in the rent?
Usually not. Business rates are typically paid separately by the tenant. However, some landlords may offer rent packages that include rates or service charges. Always confirm what's included.
What is key money and is it common?
Key money is an upfront payment for securing a sought-after lease, often in high-demand areas. It can include fixtures, fittings, goodwill, or lease assignment value. It's more common in established restaurant areas like London or city centres.
Can I take over an existing restaurant?
Yes. Many restaurant premises are offered as lease assignments or with existing fit-outs. This can save on setup costs, but make sure to review existing equipment, licences, and obligations under the lease.
What should I check in the lease agreement?
Check repair obligations, permitted use, rent reviews, service charges, signage rights, and whether you can make alterations. Always seek advice from a solicitor familiar with commercial leases.
Can I renovate or fit out the restaurant space?
Generally yes, but you’ll need the landlord’s written consent for significant changes. Some premises come with a ready-to-use fit-out, while others are let as a blank shell.
How much does it cost to rent a restaurant in Asfordby Hill?
Rental prices vary by area and size. Prime high street or city centre locations command higher rents, while fringe or suburban areas are more affordable. Additional costs include fit-out, licences, deposits, and business rates.
How do I find a restaurant to rent in Asfordby Hill?
Search on LoopNet, and contact agents who specialise in hospitality and leisure property.

Find More Restaurants to Rent in and Near to Asfordby Hill (Melton Mowbray) on LoopNet

Asfordby Hill (Melton Mowbray) Restaurant Rental Market Summary

Key rental metrics for Restaurants in Asfordby Hill (Melton Mowbray) and comparable markets. This snapshot combines rental rates and typical space sizes to provide a comprehensive view of the rental market.

Market Avg Rent Per Sq Ft Typical Size
Melton Mowbray £14 482 sq ft
Eastwell £9 2,050 sq ft
Leicester £43 1,648 sq ft
Oadby £8 2,348 sq ft
Holt £23 768 sq ft

Rent Analysis for Asfordby Hill (Melton Mowbray) Area

Compare rental rates per square foot across cities near Asfordby Hill (Melton Mowbray). These rates help establish market benchmarks and identify opportunities for tenants and landlords in the commercial rental market.

City Min Rent Per Sq Ft Avg Rent Per Sq Ft Max Rent Per Sq Ft
Melton Mowbray £13 £14 £15
Eastwell £9 £9 £9
Leicester £8 £43 £80
Oadby £8 £8 £8
Holt £23 £23 £23

Available Restaurant Sizes Near Asfordby Hill (Melton Mowbray)

Overview of Restaurant sizes currently available in the Asfordby Hill (Melton Mowbray) area. Understanding the typical size range helps narrow your search based on space requirements and operational needs.

City Smallest Space Typical Size Largest Space
Melton Mowbray 280 sq ft 482 sq ft 684 sq ft
Eastwell 2,050 sq ft 2,050 sq ft 2,050 sq ft
Leicester 1,554 sq ft 1,648 sq ft 1,700 sq ft
Oadby 2,348 sq ft 2,348 sq ft 2,348 sq ft
Holt 768 sq ft 768 sq ft 768 sq ft

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