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Royal Victoria Pavilion, Harbour Parade, Ramsgate, CT11 8LS

POA

Savills, Margaret Street - Licensed Leisure
SIZE AVAILABLE
4,564 sq. ft.
(424 sq. m.)
SECTOR
Leisure facility to lease

Lease details

Lease type:
Long term

Key features

  • Historic Grade II property, located on Ramsgate’s seafront has been redeveloped
  • Situated adjacent to Ramsgate Yacht Marina on Ramsgate Main Sands
  • Improved public realm
  • Potential for external seating
  • New development is anchored by JD Wetherspoon who opened the UK’s largest PH
  • Brand new unit with sea views and potential for outside seating
  • Accommodation at ground floor level

Property description

Tenure: Leasehold

Description
Sitting on the town’s seafront, the Royal Victoria Pavilion has undergone extensive regeneration to restore the Grade II listed Victorian building. The 20,000 sq ft pavilion is ideally placed, just a few steps from Ramsgate’s sandy beach on the North Kent Coast. Formerly a concert Hall and assembly rooms with a large sundeck, the pavilion was a thriving destination for locals and tourists during the first half of the 20th century. The new development provides a spectacular new JD Wetherspoon pub, which opened following a £5m investment in August 2017, along with additional commercial space, ideal for restaurant, bar or retail use. In addition to the new unit, the development will offer attractive public realm areas in which operators can benefit from outside seating.

Location
Harbour Parade is located on the town’s seafront and Yacht Marina, directly to the south of Albion Place Gardens and providing access to the East Pier and East Crosswall. The site lies in between Harbour Parade and the East Pier, just 0.85 miles from the towns railway station. The town has local services to destinations such as Canterbury and Margate as well as long-distance routes to London St Pancras and European destinations via Ashford International. The site lies close to one of the town’s principal retail street, and lies a matter of metres from Ramsgate’s main beach. Occupiers nearby include Pizza Express, Travelodge and a range of other bars and restaurants overlooking the marina in close proximity to the development.

Terms
The new unit will be available on an effective full repairing and insuring lease.

Background to Ramsgate
Ramsgate is home to England’s only Royal Harbour.
• Population of 68,000 within the primary retail catchment area.
• Ramsgate is an expanding market with above average growth in population forecast from 2016-2020.
• Over 3.1 million visitors to Thanet every year, worth an estimated £217 million to the local authority (Visit Kent DMP Research)
• There is a salient lack of existing, branded restaurant provision in Ramsgate and the wider area. This presents the opportunity to exploit an untapped market in the popular, tourist Ramsgate area.

The Unit
This unique unit provides open plan accommodation with the potential to create floor to ceiling glazing situated on Ramsgate’s busy beach providing magnificent sea views which could be suitable for retail, office and leisure uses. The indicative layout provides a single unit of 424 sq m (4,564 sq ft) which will be provided with capped off main services in shell condition ready for fit out. The unit will have the ability to provide outside seating facilities.

Rent
Rental offers are invited for the benefit of a new lease on terms to be agreed. Incentives are available, subject to status.

Legal Costs
Each party is to be responsible for their own professional costs incurred in the transaction.

Rates
The unit will be assessed for rating purposes upon completion of the development.

Brochures

Royal Victoria Pavilion, Harbour Parade, Ramsgate, CT11 8LS

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ramsgate Station1.0 miles
  • Dumpton Park Station1.0 miles
  • Broadstairs Station2.1 miles

About Savills, Margaret Street - Licensed Leisure

33 Margaret Street, London, W1G 0JD

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Notes

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Disclaimer - Property reference 21053-2. 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 Savills, Margaret Street - Licensed Leisure. 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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