Market Place, Margate, Kent, CT9
Guide Price
£200,000
£211.19 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
947 sq ft
88 sq m
- SECTOR
Restaurant for sale
Key features
- Well-established Neapolitan-style pizza restaurant in the heart of Margate Old Town.
- Fully equipped kitchen with traditional pizza oven; all pizzas freshly prepared on the premises.
- Internal dining area together with attractive outside seating to the front.
- Prime trading location benefiting from strong local and tourist footfall throughout the year.
- Lease for a term of 10 years from 2023 (exact dates to be confirmed) at a passing rent of £21,500 per annum.
- Inventory of fixtures, fittings and equipment available upon request.
Description
The Pickled Fox, Margate Old Town – Business for Sale
An exciting opportunity to acquire The Pickled Fox, a charming and well-established independent restaurant situated in the heart of the ever-popular Margate Old Town.
Specialising in authentic Neapolitan-style pizzas, the business has built an excellent reputation for serving freshly prepared, high-quality food. Every pizza is made on the premises using fresh ingredients and cooked to perfection in a traditional pizza oven, creating an authentic dining experience that continues to attract both local customers and the many visitors to Margate throughout the year.
The premises provide a welcoming internal dining area, complemented by an attractive outside seating area to the front, allowing customers to enjoy al fresco dining in one of Margate Old Town's most vibrant and sought-after locations.
The business is offered with the benefit of a lease granted for a term of 10 years from 2023 (exact commencement and expiry dates to be confirmed), at a current passing rent of £21,500 per annum.
An inventory of fixtures, fittings and equipment has been prepared by the current owners and is available upon request.
This represents an excellent opportunity for an owner-operator or experienced restaurateur to acquire a thriving hospitality business in a prime coastal location with significant year-round trade and strong seasonal footfall.
Material Information
Construction Type/Materials: To Follow
Broadband Coverage: To check broadband and mobile phone coverage please visit Ofcom here:
Identification checks
If an offer is accepted on a property marketed by Miles & Barr, all purchasers are required to complete ID verification checks. This is a legal obligation under Anti-Money Laundering Regulations. We use a specialist third-party company to carry out these checks. The fee is £60 (including VAT) per person or £120 (including VAT) if purchasing under a company name, payable once the offer is agreed and before the sales memorandum is issued. Please note that this charge is non-refundable.
Location
Situated in the ever-popular seaside town of Margate, this property benefits from a vibrant coastal setting encompassing the desirable areas of Cliftonville, Garlinge, Palm Bay, and Westbrook. Margate is renowned for its unique blend of culture, leisure, and seaside charm.
The town is home to the acclaimed Turner Contemporary gallery and the iconic Dreamland amusement park, offering a wide range of entertainment options. Margate also boasts excellent high-speed rail links to London, making it an attractive choice for commuters.
Residents can enjoy beautiful sandy beaches and picturesque bays, perfect for relaxing and outdoor activities. The neighbouring towns of Broadstairs, Ramsgate, and Birchington are all within approximately a 10-minute drive, providing additional amenities and coastal attractions.
There are also excellent road connections via the A299 Thanet Way and M2 motorway, ensuring convenient access to London and beyond.
An exciting opportunity to acquire The Pickled Fox, a charming and well-established independent restaurant situated in the heart of the ever-popular Margate Old Town.
Specialising in authentic Neapolitan-style pizzas, the business has built an excellent reputation for serving freshly prepared, high-quality food. Every pizza is made on the premises using fresh ingredients and cooked to perfection in a traditional pizza oven, creating an authentic dining experience that continues to attract both local customers and the many visitors to Margate throughout the year.
The premises provide a welcoming internal dining area, complemented by an attractive outside seating area to the front, allowing customers to enjoy al fresco dining in one of Margate Old Town's most vibrant and sought-after locations.
The business is offered with the benefit of a lease granted for a term of 10 years from 2023 (exact commencement and expiry dates to be confirmed), at a current passing rent of £21,500 per annum.
An inventory of fixtures, fittings and equipment has been prepared by the current owners and is available upon request.
This represents an excellent opportunity for an owner-operator or experienced restaurateur to acquire a thriving hospitality business in a prime coastal location with significant year-round trade and strong seasonal footfall.
Material Information
Construction Type/Materials: To Follow
Broadband Coverage: To check broadband and mobile phone coverage please visit Ofcom here:
Identification checks
If an offer is accepted on a property marketed by Miles & Barr, all purchasers are required to complete ID verification checks. This is a legal obligation under Anti-Money Laundering Regulations. We use a specialist third-party company to carry out these checks. The fee is £60 (including VAT) per person or £120 (including VAT) if purchasing under a company name, payable once the offer is agreed and before the sales memorandum is issued. Please note that this charge is non-refundable.
Location
Situated in the ever-popular seaside town of Margate, this property benefits from a vibrant coastal setting encompassing the desirable areas of Cliftonville, Garlinge, Palm Bay, and Westbrook. Margate is renowned for its unique blend of culture, leisure, and seaside charm.
The town is home to the acclaimed Turner Contemporary gallery and the iconic Dreamland amusement park, offering a wide range of entertainment options. Margate also boasts excellent high-speed rail links to London, making it an attractive choice for commuters.
Residents can enjoy beautiful sandy beaches and picturesque bays, perfect for relaxing and outdoor activities. The neighbouring towns of Broadstairs, Ramsgate, and Birchington are all within approximately a 10-minute drive, providing additional amenities and coastal attractions.
There are also excellent road connections via the A299 Thanet Way and M2 motorway, ensuring convenient access to London and beyond.
Ground Floor Restaurant Area
45 Sqm
Basement Floor Storage/Kitchen
38 Sqm
Outside Seating Area
Energy Performance Certificates
EPC Rating GraphBrochures
Market Place, Margate, Kent, CT9
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Margate Station0.5 miles
- Westgate-on-Sea Station2.0 miles
- Broadstairs Station3.0 miles
Notes
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Disclaimer - Property reference MSL260091. 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 Miles & Barr Commercial, Kent. 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.