392 High Street, Rochester, Kent, ME1 1DJ

Description

Available by way of assignment of existing lease and trading business for sale. The Landlord may consider granting a new lease, subject to terms offered.

Location

Located on the High Street of the historical city of Rochester, Kent just off the A2 between Rochester and Chatham. The property is within close walking distance of Rochester Train Station with regular high speed services to London St Pancras.

Accommodation

The premises are currently fitted out as café over the ground floor with a fitted service counter and customer seating, and benefits from a kitchen, WC, further ground floor storage room and substantial basement storage.

Ground Floor - 707 sq ft (65.69 sq m)
Basement - 1,475 sq ft (137.1 sq m)

Total NIA: 2,182 sq ft.

The premises benefits from Class E (b) Restaurant planning use class, along with a premises licence which allows for the sale of alcohol (off-licence).

Terms

Assignment of existing 20 year lease beginning on 1st December 2023 lease expiring 30th November 2043, there is a rent review on every 5th anniversary of the lease. The lease is inside the Landlord & Tenant Act 1954 part II.

The Landlord may consider granting a new lease, subject to terms offered. The current Tenant is seeking a premium in the order of £10,000 for the business, fixtures and fittings.

Passing Rent £12,950 Per Annum