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Restaurant to rent

Cheriton Place, Folkestone, Kent, CT20

£13,000 pa| £1,083 pcm

Property Description

Full description

Restaurant Business for Sale

Refitted Commercial Kitchen
Town Centre Location 
Busy One Way Thoroughfare
Retail Area 533 sq ft/ 49.48 m2 
Ancillary 152 sq ft/ 14.11 m2
Paved Courtyard garden 
Spacious 3 Bed Maisonette

Situated in a well-regarded retail location on a busy one-way thoroughfare off Sandgate Road, the prime retail area of the town. There are a variety of retail users within the vicinity and multiple retailers nearby include, Sainsbury's, Alliance and Leicester and KFC. Parking is available for one hour in three in the street and in Sandgate Road as well as in the pay and display car parks, including Alexander Gardens and the multi storey car parks at Sainsbury's and Bouverie Square.

Folkestone is located on the south east coast of Kent and has a population of around 50,000. Excellent communications to Europe are provided by the Eurotunnel terminal at Cheriton less than three miles distant and from the docks in Dover, approximately 8 miles via the M20 / A20 trunk road. London is accessed via the M20 or via the A2 / M2 from Dover.


ACCOMMODATION
The accommodation comprises (with approximate maximum measurements):-

GROUND FLOOR
Entrance Hall way with doors to inner hall leading to the 1st Floor and to

FRONT AREA
Area 308 sq ft / 28.57 sq m
Dim's 12' 2" / 3.70m w x 24' 6" / 7.47m d.
Ceiling Height 9' 8"/ 2.9m

REAR AREA
Area 225 sq ft / 20.91 sq m
Dim's 7' 9" / 2.38m w x 29' 6"/ 8.99 m d.
Ceiling Height 8' 3"/2.52m

KITCHEN
Area 90 sq ft / 8.59 sq m
8' 5"/ 2.56m w x 10' 9" / 3.28m d.

PREPARATION AREA
Area 58 sq ft / 5.40 sq m
7' 8" / 2.33m w x 7' 1" / 2.15m d.

Ladies and Gemtleman's toilets and Two Cupboards one housing hot water cylinder

FIRST FLOOR
Half landing with steps to Main Landing and

Kitchen 10' 9"/ 3.29m x 8' 4"/ 2.53m
Rear Window

Bed 3/ DR 12'0"/ 3.66m x 10' 2"/ 3.10m Rear door leading onto the flat roof.

Living Room 16'0"/ 4.86m x 12' / 3.66m Two front windows.

SECOND FLOOR
Half landing

Bathroom Recently refitted with panelled bath, close coupled W.C. Pedestal wash hand basin.

Bedroom 1 16'0" / 4.88m x 12' 6"/ 3.81m with built-in cupboard, two front windows
Bedroom 2 11' 11"/ 3.62m x 10'2"/ 3.09m with built-in cupboard, rear window

OUTSIDE
GARDEN
Rear Paved Garden 16'3"/4.95 m wide x 64'4"/7.70m long. With Timber Shed 7'8" x 5'9"/ 2.34m x 1.76m


LEASE/ RENT
Let under the terms of the lease dated and from the 7th January 2014 for a term of 7 years, at a passing rent of 12,500 per annum rising to 16,500 from 7th January 2017

PREMIUM
Offers are invited for the lease including tenants' fixtures and fittings.

LEGAL COSTS
The successful applicant is to be responsible for the tenant's and landlord's reasonable legal costs incurred in the transactions.

BUSINESS RATES & COUNCIL TAX
Shepway District Council 01303 853000 verbally advise that:
Rateable Value - 6,100.00.
The rate in the pound for the financial year 2016/2017 is 48.4p small
Equivalent Rates Payable - 2952.40
This property may qualify for small business rate relief.
Council Tax: Band A: 1115.05: 2016/17


VIEWING

STRICTLY BY PRIOR APPOINTMENT
For an appointment to view please contact Colin Greenstreet or Vicky Sodhi on 01303 854120 (Option 3) or Email: commercial@fellreynolds.com

Chartered Surveyors: As Chartered Surveyors, we are able and experienced to carry out valuations of all types and also to prepare for clients RICS House Buyers Reports or Building Surveys.

Note
Services We have not tested the equipment, appliances and services in this property. Interested applicants are advised to commission the appropriate investigation before proceeding.

VAT Unless otherwise stated all prices/rents are quoted exclusive of Value Added Tax. Any intending purchaser/lessee should satisfy themselves independently as to the incidences of VAT prior to any transaction.

Legal Costs: The successful applicant is to be responsible for the tenant's and landlord's reasonable legal costs incurred in the transactions.


SUBJECT TO CONTRACT
Fell Reynolds is the trading name of Estate Services (South East) LLP and for themselves and for the vendors or lessors of this property whose agents they are, give notice that:- 1) the particulars are set out as a general outline only for the guidance of introducing purchasers or lessees and do not constitute any part of an offer or contract. 2) all descriptions, dimensions, references to conditions and necessary permissions for use and occupation and other particulars are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the corrections of each of them. 3) no person in the employment of Estate Services (South East) LLP t/a Fell Reynolds has any authority to make or give any representation or warranty whatever in relation to this property.



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