Property for sale
Property description & features
- Tenure: Leasehold
- Restaurant & Take-Away Premises
- Established Business
- Fully Equipped Turn Key Business
- Prime Trading Position
- Retirement Sale
POPULAR RESTAURANT & TAKE AWAY BUSINESS AND PREMISES IN TOWN CENTRE LOCATION
This established Greek restaurant and take-away premises is located in the heart of Ramsgate town centre and is within 250m of the bustling Harbour front. Established in 2019 the restaurant offers a good selection of traditional Greek food available from lunch-time to evening, Tuesday to Sunday. The premises also operates a busy take-away delivery service.
The premises are arranged over two floors with restaurant, open kitchen, preparation and stock room area on the ground floor and further storage, office and shower-room W.C. at first floor level.
The premises are being offered for sale with a lease premium of £120,000 to include all furniture, equipment and fixtures & fittings appertaining to the business. The property is being offered with the balance of the existing 5-year renewable, repairing and insuring commercial lease. The rent is currently set at £8,000 per annum, exclusive.
The restaurant currently features as no.14 of 109 restaurants in Ramsgate on Trip Adviser, with 75 x 5 star reviews.
Rooms
Restaurant & Open Kitchen
5.380m x 5.240m (17' 8" x 17' 2") The premises features two attractive bay windows to the front with a central entrance door. Internally the premises can provide approx. ten covers. Laminate flooring. Drinks fridge, wine cooler and hot display cabinet. Electric heater. Stairs to first floor level. Doorway to stock/preparation room. Open to the kitchen.
Kitchen Area
Raised counter area with granite counter-worktop area with triple under-counter fridge. Separate cold display unit with triple fridge under. Electric oven, twin-fryer, two griddles and stainless steel extractor canopy over. Twin stainless steel sinks with separate stainless steel wash hand basin and electric water heater.
Preparation & Stock Room
5.500m x 2.700m (18' 1" x 8' 10") With double wooden doors tot he front. Twin stainless steel sinks with electric water heater. Stainless steel work station and storage. Chest-freezer and double display fridge. Extractor. Laminate flooring.
Landing
Exposed brick feature wall. With access to stock room, office and shower room/W.C.
Stock Room
2.940m x 2.550m (9' 8" x 8' 4")
Office
3.300m x 1.890m (10' 10" x 6' 2") With sash window to side. Laminate flooring. wood panelling to two walls.
Shower Room/W.C.
1.800m x 1.640m (5' 11" x 5' 5") With corner shower unit, low level W.C. and wash hand basin. Laminate flooring.
Forecourt
At the front of the premises is a pavement forecourt area with electrically operated canopy over.
Lease
The premises are being offered with the balance of the existing renewable 5-year commercial lease with the rent currently set at �8,000 per annum excluding business rates and building insurance.
Premium
The premises is being offered for sale with a premium of �120,000 to include all furniture, equipment and fixtures & fittings appertaining to the business.
Costs & Rent Deposit
The ingoing tenant will be responsible for their own legal costs and the Landlords reasonable costs where applicable. A landlord's rent deposit may also be required.
Business Rates
The current Business Rateable Value is �4,950 increasing to �5,800 in April 2023. This is not the amount that payable but the amount against which the current rate is applied. The premises may be exempt from Business rates depending on the ingoing tenants circumstances.
Building Insurance
The Landlord will insure the premises with the premium recoverable from the tenant.
Services
The property benefits from electricity, mains water & drainage. No gas.
Energy Performance Rating
The property currently has a Commercial EPC rating of a 125 (Band E).
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 25677433. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Terence Painter Estate Agents - Broadstairs.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on February 10, 2019 from 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.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.