Margate Road, Westwood, Broadstairs, CT10
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- Prime Freehold Commercial Investment
- Currently Producing £127,000 Per Annum
- Let on a 20 Year Commercial Lease
- 5 Yearly Rent Reviews
- Busy 'A' Road Position
- Westwood Location
Description
PRIME FREEHOLD COMMERCIAL INVESTMENT PROPERTY CURRENTLY PRODUCING £127,000 PER ANNUM
Situated on the busy A254 Margate Road at Westwood, Broadstairs this prime commercial investment property is currently producing £127,000 per annum in rent. This restaurant and drive-thru is let to Burger King on a 20 year lease until 2044. Upward only rent reviews are scheduled for 2029, 2034 and 2039, with no option to break.
Westwood is a busy out of town retail park and trading area conveniently situated on the main intersection between the Thanet towns of Broadstairs, Ramsgate & Margate. Other nearby businesses include, IMO Car Wash, Aldi, Kaspa's Desserts, Hollywood Bowl and many more.
For further information contact the sole selling agents Terence Painter on .
Access & Parking
Via the A254 Margate Road. Private parking for up to 26 vehicles with drive-thru access around the property with service counter.
Interior
Restaurant with seating for approx. 60 diners. Access to customer toilets. Open service counter to kitchen. Kitchen, prep, stock room, walk-in chiller & freezer storage. Staff locker-room and toilets.
Lease
20 year lease granted to BKUK Devco Limited in July 2024, with upward only rent reviews scheduled for 2029, 2034, & 2039. No option to break.
Current rent £127,000 per annum.
EPC Rating 39 - Band B
Brochures
Brochure 1Energy Performance Certificates
EPC 1Margate Road, Westwood, Broadstairs, CT10
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ramsgate Station1.6 miles
- Broadstairs Station1.7 miles
- Dumpton Park Station1.8 miles
About Terence Painter Estate Agents, Broadstairs
Prospect House, 44 High Street, Broadstairs, CT10 1JT
Notes
Disclaimer - Property reference 30289305. 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 Terence Painter Estate Agents, Broadstairs. 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.
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