Albion Street, Broadstairs, Kent, CT10

Property Details: • Type: 1,095 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • Established Restaurant Premises • Providing 26 Covers • Fully Equipped Turn Key Business • Prime Trading Position • Sea & Garden Views • Large Basement Storage Area • On & Off-Sales Licence • £75,000 Premium

Location: • Nearest Station: Broadstairs Station • Distance to Station: 0.4 miles

Agent Information: • Address: 44 High Street, Broadstairs, CT10 1JT

Full Description: This lock-up restaurant premises is set within the heart of the towns' prime restaurant trading parade with views overlooking Balmoral Gardens and out to sea. The owners currently operate a long established Spanish tapas restaurant which has been featured in the Good Food Guide, Michelin Guide, Hardens, Square Meal, Daily Telegraph & Sunday Times. The premises also benefits from an on and off-sales licence, and would be suitable for an alternative restaurant style or use, subject to landlord's approval or any required consents.

The premises currently provides 26 covers, including bar seating. There is also provision for limited outside pavement seating to the front. The property features an impressive fully equipped fitted bar with slate counter-top, a fully equipped kitchen with extraction canopy and a W.C. At lower ground floor level is a large storage area with walk-in fridge and a wine store.

The premises are being offered for sale with a lease premium of £75,000 to include all furniture, equipment and fixtures & fittings appertaining to the business. The premises are being offered with the balance of the existing repairing and insuring commercial lease which runs to 2031, with a current rent of £15,100 per annum. A new lease could be available, subject to terms being agreed with the Landlord.Energy Performance CertificatesEPC 1EPC 2