Harbour Street Tapas, 48 Harbour Street, Whitstable, CT5 1AQ

Property Details: • Type: Ask agent • Tenure: N/A • Floor Area: N/A

Key Features: • Coastal town location • 8.5 year lease • Ground floor 22 covers • First floor 20 covers • 2023 turnover in excess of £500,000 • Energy Rating B • Christie & Co Ref: 8867259

Location: • Nearest Station: Whitstable Station • Distance to Station: 0.5 miles

Agent Information: • Address: Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

Full Description: DescriptionA well positioned prominent three-storey property with white rendered elevations under a pitched tiled roof, close to public parking.LocationHarbour Street Tapas is situated in the coastal town of Whitstable on the north Kent coast. The town has excellent road links and a main line railway station with services to Central London.Internal DetailsThe main restaurant is served by a single bar servery with air conditioning, open plan commercial kitchen with full extraction, pot wash area. There is a variety of traditional tables and chairs for circa 22 covers. Ladies & Gents WCs.First floor area with circa 20 covers, air conditioning, prep kitchen, customer WC.Second floor has an office and storage room.Fixtures & FittingsAll trade fixtures and fittings will be included in the sale and our clients will provide a trade inventory.External DetailsBin storage.The OpportunityThe current owner has operated the business for many years and is now looking to sell in order to focus on other ventures offering a great opportunity for a new operator to take full advantage of the business and popular location.We thoroughly recommend a viewing to fully appreciate this opportunity.StaffThe business is predominantly owner-run together with a complement of full time and part time casual staff.Trading InformationTurnover for the year ending 31 October 2023 was £501,936.Gross profit £154,386 producing an adjusted net profit of £96,000.Trading HoursMonday: 12pm-5pmTuesday: ClosedWednesday: 5pm-9pmThursday - Saturday: 12pm-9pmSunday: 12pm-3pmTenancyA fully repairing and insuring lease with approximately 8.5 years remaining on a 10-year lease, which our clients inform us is within the Landlord and Tenants Act.The landlord will require six months rent deposit.Business RatesCurrent rateable value (1 April 2023 to present) is £17,750.This is the rateable value for the property. It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill.RegulatoryPremises Licence.Energy Performance CertificatesEPC 1