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£35,000Restaurant for sale
LEASE FOR SALE - WESTCLIFF ARCADE, RAMSGATE
Restaurant
Features and description
The premises is located on the ever popular Westcliffe Arcade, Ramsgate overlooking Ramsgate Harbour. The premises is within a short walk to both the Harbour as well as the Town Centre, adjacent occupiers include, La Magnolia, Marc Pierre's Kitchen and Thai Orchard.
We are instructed to sell the lease for the subject property for a premium of £35,000. The lease expires in March 2026 however the landlord is open to granting a new lease for a term to be agreed. The current rent passing is £16,436 per annum.
the premises benefits from a ground floor sales area which is currently used as a bar with a basement with office and walk in fridge.
The premises benefits from the following net internal floor areas,
Ground Floor - 45.93 sq m
494 sq ft
Basement - 34.93 sq m
376 sq ft
Total - 80.86 sq m
870 sq ft
We are instructed to sell the lease for the subject property for a premium of £35,000. The lease expires in March 2026 however the landlord is open to granting a new lease for a term to be agreed. The current rent passing is £16,436 per annum.
the premises benefits from a ground floor sales area which is currently used as a bar with a basement with office and walk in fridge.
The premises benefits from the following net internal floor areas,
Ground Floor - 45.93 sq m
494 sq ft
Basement - 34.93 sq m
376 sq ft
Total - 80.86 sq m
870 sq ft
Property information from this agent
About this agent
Clarke & Crittenden is family run firm of Chartered Surveyors specialising in the South-East of England. Now in its third generation, we can assist in most areas of property from Residential and Commercial Sales and Lettings, through to Property Valuation and Management. We have been established for over 80 years providing a quality service to clients both large and small. We pride ourselves on the fact that many of these clients (or sons and daughters of clients) keep using us to this day. We act as agents for Land and New Home developments throughout the South-East England for a range of local and national developers. We provide both Commercial and Residential Block Management Services, Landlord & Tenant advise, including Rent Reviews, Lease Renewals & Valuations.