Large, characterful two‑floor restaurant in central Ambleside, available on a new FRI lease..
Approximately 2,780 sq ft over two floors, large commercial footprint
A rare long-lease opportunity in the heart of Ambleside, offering approximately 2,780 sq ft over two floors previously run as a popular restaurant. The premises combine a spacious ground-floor restaurant and bar with extensive first-floor prep, kitchen and office accommodation — well suited to an independent operator or investor seeking a central Lake District location with strong year-round visitor footfall.
The property sits on Church Street, on the principal pedestrian route toward the lake and benefits from large display windows, a Victorian stone frontage and period character. Mains water, gas (to kitchen only), electric and drainage are connected, and the building holds an EPC rating of B. The Rateable Value is £37,750 and the location is in a busy Lakeland town with high levels of tourist and local trade.
Available on a new 10-year full repairing and insuring (FRI) lease at a commencing rent of £40,000 per annum, with a rent review at year three. The landlord invoices insurance and may be flexible on lease length; a negotiable deposit is required. The premises are vacant and ready for immediate occupation, but the FRI terms mean incoming tenants should budget for ongoing maintenance and insurance costs.
Suitability: best for experienced hospitality operators or investors who value central visibility, footfall and a large, adaptable footprint. Note practical considerations include FRI liability, a comparatively high rateable value, and the operational costs associated with running a large multi-room catering space in a tourist town.
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