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High Street, Sittingbourne, Kent, ME10

£5,833 pcm
£70,000 pa

Business rates & charges may apply

Restaurant Property Sellers, Ealing
SIZE

Ask agent

SECTOR

Commercial property to lease

USE CLASSUse class orders: Class E

E

Lease details

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

Key features

  • High Street Location
  • Great Visibility
  • Circa 3,638.2 Sq. Ft
  • 100 Cover Restaurant (Ground Floor: 60 | First Floor: 40)
  • Fully Fitted Commercial Kitchen
  • Gas & Extraction in Place
  • Premises Licence in Place

Description

Restaurant for Sale in Sittingbourne - High Street Location & 100 Covers

Property ID: RPS-21823

PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.

MAIN FEATURES

High Street Location
Great Visibility
Circa 3,638.2 Sq. Ft
100 Cover Restaurant (Ground Floor: 60 | First Floor: 40)
Fully Fitted Commercial Kitchen
Gas & Extraction in Place
Premises Licence in Place

LEASE DETAILS 

Lease Ending 2044
Current Rent: £35,000 PAX
Rent Review Term: 5 years
Premium: £70,000 (Quick Sale Price)

LANDLORD'S REQUIREMENT

6 Month's Rent Deposit Required (subject to references)
Personal Guarantor (subject to references)
Bank, Trade & Accountant's Reference required
Evidence of financial credibility

PREMISES

Circa 3,638.2 Sq. Ft
Total covers: circa 100 (Ground Floor & First Floor)
Benefits from Premises Licence
Permitted Hours: 11:30am till 12am
EPC Rating C
Rateable Value: 17,000
Payable Business Rates: £1,411 per annum (discounted rate this year)

THE LOCATION

High Street Location
Sittingbourne, Kent, ME10
Immediate units occupied by national and independent retailers

TRADING

Gross Sales: Circa £234,000/annum | £4,500/week (as per the seller)
Staff: We have been informed that the restaurant is managed by 2 Owners & 6 Part-time Staff.

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the "Confidentiality" requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

DISCLAIMER

The above information is provided by the seller and is issued without responsibility on the part of the firm therefore is not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

About Restaurant Property Sellers, Ealing

Suite 107, Boundary House, Boston Manor Rd, Ealing, United Kingdom, W7 2QE

We specialise in selling freehold hospitality properties and leasehold businesses ranging from an independent cafe to hotels. Whether you are a commercial landlord thinking of leasing or selling your freehold commercial property or a food business owner looking to sell your business, we can help.

Our team has a combined experience of over 15 years in the hospitality sector along with data driven Digital Marketing industry, which allows us to reach the right buyers as well as commercial tenants for independent restaurant businesses and commercial landlords alike.

Our selling process involves an array of marketing tactics ranging from targeted data generation to reaching the right prospect using the latest digital and data-based marketing along with offline marketing and advertising tactics. CONTACT US NOW.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference RPS-21823. 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 Restaurant Property Sellers, Ealing. 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.

Map data ©OpenStreetMap contributors.

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