Lease AssignmentKITH & KIN, CHAPEL ALLERTON16-18 Stainbeck Lane, Leeds, LS7 3QY

On the instruction of

KITH & KIN, CHAPEL ALLERTON 16-18 Stainbeck Lane, Leeds, LS7 3QY

LOCATIONKith & Kin is situated in the central triangle of Chapel Allerton, regarded as the main leisure area of this popular Leeds suburb. Occupiers in the immediate vicinity include that of The Pit, Casa Mia,The Mustard Pot, Buca Di Pizza and The Woods. Chapel Allerton lies approximately 2 miles to theNorth of Leeds city centre.

DESCRIPTIONOur client Arc Inspirations (www.arcinspirations.com) operates the successful and established Kith & Kinbar and restaurant on Stainbeck Lane in Chapel Allerton. Arc Inspirations is however concentrating on theexpansion of their highly successful Banyan brand and Kith & Kin can therefore be made available.The fully fitted unit comprises a trading area and bar on the ground floor with substantial externalseating area to the front. The kitchen and WC facilities are located on the first floor.

ACCOMMODATIONWe have not measured the property, although the Valuation Office lists the following areas:

Ground floor 2,200 sq ft

First floor 500 sq ft

Second floor 500 sq ft

The unit also benefits from an extensive external area of circa 1,200 sq ft.

PLANNING & LICENSINGThe unit benefits from A3/A4 planning and is licensed until 12.30am. .

VIEWINGStrictly by appointment through sole letting agents:Tom HodgsonE: th@pudneyshuttleworth.co.ukM: 07850 421 525Will HepplewhiteE: wh@pudneyshuttleworth.co.ukM: 07846 006 790Richard ShuttleworthE: rs@pudneyshuttleworth.co.ukM: 07747 008 458Pudney Shuttleworth, 31 Park Square, West Leeds, LS1 2PF

Misrep Act: Disclaimer Important notice relating to the Misrepresentation Act 1967 and the Property Misdescriptions Act 1991: Pudney Shuttleworth for themselves and for the Vendors of the property who’s Agentsthey are, give notice that:•the particulars are set out as a general outline only for the guidance of intending purchasers and do not constitute, nor constitute part of, an offer or contract;•all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should

not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them;•no person in the employment of Pudney Shuttleworth has any authority to make or give any representations or warranty whatever in relation to this property or the particulars, nor enter into any contract relating

to the property on behalf of Pudney Shuttleworth nor any contract on behalf of the vendors; and•no responsibility can be accepted for any expenses incurred by intending purchasers in inspecting properties which have been sold or withdrawn. Subject to ContractDesigned and produced by www.thedesignexchange.co.uk Tel: 01943 604500. October 2017.

TERMSARC Inspirations currently hold a lease on thepremises which commenced on 1st September2003 and expires on 31st August 2028,leaving c.11 years unexpired. Current rentpassing is £60,000 per annum exclusive andthe next review date is 1st September 2018.

PREMIUMPremium offers are being sought for theassignment of the lease.

RATEABLE VALUEThe Rateable Value for the premises is £42,750,equating to rates payable of £20,477.25 perannum.

STAINBECK LANE TOWN STREET

INGLE ROW

WELL LANE

HARROGATE ROAD

SCHOOL LANE

KITH& KIN

KITH & KIN, CHAPEL ALLERTON 16-18 Stainbeck Lane, Leeds, LS7 3QY

CHAPEL ALLERTON