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COMMERCIAL

Mortimer Street, Herne Bay

£70,000
Zest Homes, Kent
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Established and highly regarded Herne Bay café and restaurant
  • Excellent central position between the High Street and seafront
  • Strong online reputation and reviews
  • Opportunity to continue the existing Mortimers brand and concept or introduce a new model
  • Experienced existing staff keen to remain with the business
  • 10-year lease renewed in 2023
  • Full repairing lease
  • Lease understood to be assignable, subject to lease terms and landlord consent
  • Further growth potential for events and private functions
  • Call Zest Homes to view

Description

Established Café & Restaurant Business for Sale – Retirement Sale

A rare opportunity to acquire a well-established, highly regarded, and much-loved 5* Food Hygiene rating café and restaurant business in the heart of Herne Bay.
After many successful years at the helm, the current owners of Mortimers have made the decision to retire, presenting an exciting opportunity for a new operator to take over an established business with an excellent local reputation, loyal customer base and considerable potential for further growth.

An Established Herne Bay Favourite
Mortimers occupies a prominent position in Mortimer Street, conveniently located between Herne Bay High Street and the seafront.
The business has become extremely well known locally for its welcoming atmosphere, traditional home-cooked food, breakfasts, lunches, roast dinners, homemade dishes, afternoon teas and special events.
This is an opportunity to take over an established operation and continue the successful Mortimers concept from day one, while still having the freedom to introduce new ideas, develop the menu or remodel the business to suit a new owner's vision.

Business Sale Due To Retirement. - Further information regarding the business, lease, fixtures and fittings, trading information and terms of sale will be available to seriously interested parties through ourselves.
Prospective purchasers should satisfy themselves through their own legal, financial and professional advisers regarding the lease, business accounts, licences, planning/use, fixtures and fittings, employment matters and all other aspects of the proposed acquisition.

An Opportunity With Several Directions - For an experienced restaurateur or café operator, Mortimers provides the opportunity to acquire an established business and continue trading within an already recognised format.
For an ambitious new operator, it offers an excellent platform from which to introduce a new concept while benefiting from an established trading location, existing infrastructure and customer awareness.
There is also considerable scope to explore extended evening opening, themed dining, private functions, parties, celebrations, takeaway and delivery services, subject to the relevant permissions and licences.

Lease - The business is operated from leasehold premises.
The existing lease was renewed in 2023 for a further 10-year term and is understood to be transferable/assignable, subject to the terms of the lease and any necessary landlord's consent.
Current Rent: £12,000 per annum
The lease is on a full repairing basis and benefits from provisions relating to renewal, subject to the precise terms of the existing lease.
Full lease documentation will be made available to genuinely interested parties and their professional advisers.

Voa Class E - CAFE AND PREMISES

128, MORTIMER STREET, HERNE BAY, KENT

Rateable value
£13.50k pa

Epc Ordered -

Experienced Staff - The existing team is an important part of the character and success of Mortimers.
The current staff would welcome the opportunity to remain with the business following a sale, potentially providing the incoming owner with valuable continuity, experience and knowledge of both the operation and its established customer base.
Any transfer of employees would, of course, be subject to the applicable employment and TUPE requirements and the terms of the transaction.

Significant Potential For Evening Trade - One of the particularly exciting areas for future growth is the opportunity to further develop the restaurant's evening offering.
Mortimers currently hosts a selection of popular themed and entertainment evenings, including Mamma Mia evenings, Greek evenings and other special events.
A new owner could build considerably upon this established demand by introducing further themed dining nights, entertainment evenings, private functions, celebrations and other events, subject to any necessary licences and consents.
With the business already recognised for both daytime dining and special events, much of the groundwork has already been established.

Shop - 8.64m x 4.47m (28'4 x 14'8) -

Kitchen - 4.62m x 2.77m (15'2 x 9'1) -

Utility Further Prearation Area - 3.56m x 2.62m (11'8 x 8'7) -

Wc Gents & Wc Ladies -

Basement Ideal For Storage -

Ai-Generated Image Disclaimer - Please Note: Some images used within this property marketing have been digitally enhanced or generated using Artificial Intelligence (AI) for illustrative purposes. These images are intended to help prospective buyers or tenants visualise how the property could look when furnished, styled and lived in.
AI-generated or virtually staged images may include furniture, furnishings, decorative items, lighting, artwork and other lifestyle elements that are not included with the property.
Where AI imagery has been used, it is for visualisation and marketing purposes only and should not be relied upon as an exact representation of the property's fixtures, fittings, dimensions, condition or specification. Prospective buyers or tenants should refer to the original photographs, property particulars and physical viewing of the property when making their decision.

Brochures

Mortimer Street, Herne BayBrochure

Mortimer Street, Herne Bay

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Herne Bay Station0.7 miles
  • Chestfield & Swalecliffe Station2.9 miles
  • Whitstable Station4.3 miles
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About Zest Homes, Kent

190 High Street, Herne Bay, Kent, CT6 5AP
Industry affiliations:

Zest Homes focuses on working hard for all their clients to ensure that you are fully looked after whatever your needs. Michelle Reilly, managing director is always there to guide you. Personally having over 25 years experience Michelle has the knowledge needed to give you piece of mind aswell as being a member of ARLA and NAEA Propertymark. Please get in touch,look forward to speaking to you.

Notes

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Disclaimer - Property reference 34869391. 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 Zest Homes, 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.