Restaurant to rent

Unit 1 Royal Victoria Pavilion

£20,597,500 pcm (£70,000 per sq. ft.)
3,531 sq. ft.

Property Description

Commercial information

  • Use class orders: A1 Shops, A3 Restaurants and Cafes and A4 Drinking Establishments

Key features

  • The historic Grade II property, located on Ramsgate's seafront has been redeveloped to provide new restaurant/bar/retail units
  • The new development is anchored by JD Wetherspoon who opened the UK's largest public house after a 4.5m investment in August 2017
  • Situated adjacent to Ramsgate Yacht Marina on Ramsgate Main Sands
  • Brand new units with sea views and potential for outside seating
  • Improved public realm
  • Accommodation at ground floor level
  • Substantial external terraces at first floor

Full description

Description
Sitting on the town's seafront, the Royal Victoria Pavilion has undergone extensive regeneration to restore the Grade II listed Victorian building. The 20,000 sq ft pavilion is ideally placed, just a few steps from Ramsgate's sandy beach on the North Kent Coast. Formerly a concert Hall and assembly rooms with a large sundeck, the pavilion was a thriving destination for locals and tourists during the first half of the 20th century.

The new development provides a spectacular new JD Wetherspoon pub, which opened following a 4.5m investment in August 2017, along with additional units, ideal for restaurant, bar or retail use. In addition to two new units, the development will offer attractive public realm areas in which operators can benefit from outside seating.

Location

Harbour Parade is located on the town's seafront and Yacht Marina, directly to the south of Albion
Place Gardens and providing access to the East Pier and East Crosswall. The site lies in between Harbour Parade and the East Pier, just 0.85 miles from the towns railway station. The town has local services to destinations such as Canterbury and Margate as well as long-distance routes to London St Pancras and European destinations via Ashford International.

The site lies close to one of the town's principal retail street, and lies a matter of metres from
Ramsgate's main beach. Occupiers nearby include Pizza Express, Travelodge and a range of other bars and restaurants overlooking the marina in close proximity to the development.

Background on Ramsgate

Ramsgate is home to England's only Royal Harbour.

Population of 68,000 within the primary retail catchment area.

Ramsgate is an expanding market with above average growth in population forecast from 2016-2020.

Over 3.1 million visitors to Thanet every year, worth an estimated 217 million to the local authority (Visit Kent DMP Research)

There is a salient lack of existing, branded restaurant provision in Ramsgate and the wider area. This presents the opportunity to exploit an untapped market in the popular, tourist Ramsgate area.


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Ramsgate (1.0 mi)
  • Dumpton Park (1.0 mi)
  • Broadstairs (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Savills , London Leisure

33 Margaret Street London W1G 0JD

020 3858 2885 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Savills , London Leisure

33 Margaret Street London W1G 0JD

020 3858 2885 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Ramsgate (1.0 mi)
  • Dumpton Park (1.0 mi)
  • Broadstairs (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Savills , London Leisure

33 Margaret Street London W1G 0JD

020 3858 2885 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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