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High Street, Sittingbourne

£850,000

Business rates & charges may apply

CHARLES LOUIS COMMERCIAL, Ramsbottom
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SECTOR

Restaurant for sale

Key features

  • Currently Trading As "The Tacos Locos" Restaurant In Prime Location
  • Approximately 3,588 Sq Ft with an 80+ seater restaurant over 2 Floors
  • Completely Refurbished In 2017
  • Seller May Entertain Sale Of Business Only With Lease

Description

Charles Louis Commercial Agents are delighted to be working in partnership with Sealeys Walker Jarvis (Kent) as Joint Sole Selling Agents, handling the sale for our mutual clients.

The freehold and the business are for sale at £850,000.
Alternatively, the seller will entertain the sale of the business only at £150,000 with a 20 year lease granted at a current rent of £45,000 per annum.

Ground Floor:
Main Restaurant Seating Area: Approximately 886 Sq Ft incorporating bar and large feature arched window.
Rest of Ground Floor: Approximately 818 Sq Ft incorporating a large galleried feature staircase to the first floor, gents WCs', ladies WC's, internal corridor with stairs to kitchen, office and room housing a walk-in chiller and freezer room.

First Floor:
Upstairs Restaurant Seating Area: Approximately 974 Sq Ft incorporating a bar, bar seating area with central feature fireplace.
Stairs and Landing: Approximately 158 Sq Ft large feature galleried landing and stairs to ground floor.
Kitchen: Approximately 399 Sq Ft incorporating full extraction systems, rooflight and stairs to ground floor.
Cellar: Approximately 353 Sq Ft incorporating stairs to ground floor.

Current Class of Business Use
The current class of business use is an 'E' Category Use.
Interested parties are to seek clarification from the local authority.

Current Business Rates
Figures from the Valuation Office show a current rateable value of £TBC per annum as of May 2022 which normally means an amount payable of between 40-50% of this figure. Please check with the relevant authority which is Swale Borough Council. You as a tenant may qualify to apply for small business rates relief meaning you could pay nothing or a proportion of this payable amount.

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Energy Performance Certificates

EE Rating

Brochures

High Street, Sittingbourne

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Sittingbourne Station0.2 miles
  • Kemsley Station1.5 miles
  • Teynham Station3.1 miles

About CHARLES LOUIS COMMERCIAL, Ramsbottom

Bolton Street, Ramsbottom, Bury, BL0 9HX

CHARLES LOUIS COMMERCIAL, Ramsbottom

The next generation, Challenger Agent.

We believe in challenging the industry standard which is at the core of everything we do at Charles Louis Commercial Agents.

We challenge the standards by blending advanced data and market trend analysis with a personable and professional approach. These core beliefs enable us to broker the best deal for your Commercial Property, Business and Finance requirements.

We lead a quality client experience which we are dedicated to achieving,

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Notes

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Disclaimer - Property reference 31588282. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by CHARLES LOUIS COMMERCIAL, Ramsbottom. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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