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Albion Street, Broadstairs, Kent, CT10

£833 pcm
£10,000 pa

£14.37 per sq ft

Business rates & charges may apply

Terence Painter Estate Agents, Kent
SIZE AVAILABLE

696 sq ft

65 sq m

SECTOR

Restaurant to lease

USE CLASSUse class orders: A3 Restaurants and Cafes

A3

Lease details

Lease available date:
Ask agent
Lease type:
Long term
Furnish type:
Furnished

Key features

  • Restaurant Premises
  • Established Business
  • Providing 34 Covers
  • Prime Trading Position
  • Fully Equipped Turn Key Business
  • Close to Beach, Bars & Car Park
  • £55,000 Premium
  • £10,000 Per Annum Rent

Description

This lock-up restaurant premises is set within the heart of the towns' prime restaurant trading parade in the heart of Broadstairs and close to the seafront, bars and car park. The established business currently trades as a steak and gourmet burger restaurant, however the premises would be suitable for an alternative restaurant style, subject to Landlord's approval and any required consents.

The premises currently provides 34 covers and features a fitted bar/counter, fully equipped kitchen with extraction system and a unisex W.C.

The business is being offered for sale with a lease premium of £55,000 to include all furniture, equipment and fixtures & fittings appertaining to the business. The premises are being offered with a renewable rolling commercial lease. A new lease could be available, subject to terms being agreed with the Landlord.

Restaurant
8.00m x 4.87m (26' 3" x 16' 0") Double fronted bay windows, combination of fitted bench and table seating providing seating for up to 34 persons. Vinyl flooring. Wall and mood lighting. Door heater.

Bar & Drinks Storage Area
Tall double bottled drinks fridge. Counter with two under-counter fridges. Stainless steel sink. Counter-top. Till. Door to W.C. Doorway to kitchen.

Unisex W.C.
Fitted with low level W.C. and wash basin with storage under. Hand dryer. Vinyl flooring.

Kitchen
3.42m x 2.55m (11' 3" x 8' 4") Fitted with large stainless steel extractor canopy, six-burner gas range cooker, griddle, grill, twin deep-fat fryer, stainless steel counter top and shelving, wash hand basin and larder fridge.

Lobby Area
2.43m x 0.87m (8' 0" x 2' 10")

Store/Boiler Room
2.20m x 1.42m (7' 3" x 4' 8") Wall mounted gas fired boiler.

Preparation, Stores and Washing-Up Room
3.24m x 2.61m (10' 8" x 8' 7") With quarry tiled floor, twin stainless steel sink unit with drainer. Larder fridge and larder freezer. Storage shelves and racking. Stainless steel counter-top.

Lease
The premises are being offered with a rolling renewable repairing and insuring commercial lease, with the rent currently set at £10,000 per annum. We are advised that a new lease could be available, subject to terms being agreed with the Landlord.

Premium
The premises are being offered for sale with a lease premium of £55,000 to include all furniture, equipment and fixtures & fittings appertaining to the business.

Costs & Deposit
The ingoing tenant will be responsible for their own legal costs and the Landlord's reasonable costs where applicable. A Landlord's rent deposit may also be required.

Business Rates
The current Business Rateable Value is £9,500. This is not the amount payable but the amount against which the current rate is applied. The premises may be exempt from paying business rates depending on the ingoing tenants circumstances.

Services
The property benefits from mains electricity, gas, water and drainage.

Planning
All planning enquiries should be made to Thanet District council Planning Department on or to planning.

Energy Performance Certificates

EPC 1EPC 2

Brochures

Albion Street, Broadstairs, Kent, CT10

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Broadstairs Station0.4 miles
  • Dumpton Park Station1.2 miles
  • Ramsgate Station2.0 miles

About Terence Painter Estate Agents, Kent

44 High Street, Broadstairs, CT10 1JT

Terence Painter Estate Agents is a well established, fully independent, family-run estate agency. Its experienced staff pride themselves in providing the same high level of service that they would expect to receive themselves.

Offering a comprehensive service

Our commercial team have a wealth of experience in selling land & commercial property and are able to offer advice on the best route to market, based upon your requirements. With our long-established network of local contacts, we are often able to assist with planning queries or introduce you to other professionals who can assist.

At Terence Painter Estate Agents:

Your property is offered for sale at our distinctive town centre offices

Your property is promoted to a worldwide audience on this searchable website

Our 'For Sale' boards are both stylish and distinctive

We offer free no-obligation market appraisals

We offer competitive commission rates and operate a 'No Sale, No Fee' Policy

We provide full-colour brochures featuring high-quality digital images with in-depth room descriptions and where possible floor plans and 360 virtual tours

You'll receive regular, honest, and constructive viewing feedback

A swift response to any offers that are received, with your best interests as our top priority

Regular and clear updates once your sale has been agreed, so you know exactly what is happening

Notes

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