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Restaurant for sale

Burgate, Canterbury, CT1

£149,995

Property Description

Key features

  • American Styled 50's Diner
  • Situated In Canterbury City Centre
  • Fully Refurbished in 2015
  • Current Layout Comprises 140 Covers
  • Licensed Premises
  • Projected Turnover In Excess of £900,000
  • Single Parking Space to Rear

Full description

Tenure: Leasehold

QUICK SALE REQUIRED

A now closed New York styled 50's diner with an artistically designed interior, set in the heart of Canterbury.

A full refurbishment was carried out in 2015 providing a modern and impressive interior with comfortable seating set over two floors. The restaurants current layout comprises 140 covers.

The second floor landing leads to an office and former one bedroom flat which is currently banded as commercial use. With the necessary planning consent, residential use may be possible.

The lease is offered for sale with a remaining term of approximately seven years charged at £55,000 per annum.

Fixtures and fitting available by separate negotiation.

Viewing is strictly by appointment only.


FURTHER INFORMATION: : Rateable Value: £56,000
Rates Payable: £25,646 less listed building exemption of £8,674.

Main Dining Area: : 45'1" x 21'6" (13.74m x 6.55m) , 40 Covers, main entrance and bar area.

Top Tier Dining Area: : 24'5" x 19'0" (7.44m x 5.79m) , Access to cellar.(68 covers across three tiers).

Middle Tier Dining Area: : 16'10" x 16'9" (5.13m x 5.11m) , Access to disabled WC. (68 covers across three tiers).

Lower Tier Dining Area: : 23'5" x 13'0" (7.14m x 3.96m) , Access to kitchen. (68 covers across three tiers).

First Floor Dining Area: : 23'3" x 20'2" (7.09m x 6.15m) , Access to WC and stairs leading to second floor landing. (32 covers).


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