*Guide | £175,000+ (plus fees)
- Commercial Property
- Tenure: Long Leasehold. The property is held on a 999 year lease at a peppercorn rent.
Call the team on 020 7625 9007 for more information
A Double Fronted Commercial Investment Producing £18,000 per annum
The property comprises a double fronted ground floor restaurant for 60 Covers Situated within a corner building arranged over ground and first floors. The property has recently undergone extensive refurbishment.
Tenure
Long Leasehold. The property is held on a 999 year lease at a peppercorn rent.
Location
The property occupies a prominent position within the primary retail area of New Romney close to Littlestone and the coast. Nearby multiples include Sainsbury's, Post Office, Lloyds Pharmacy and numerous local established traders. Transport links are provided by Romney Hythe & Dymchurch rail station.
Accommodation
Ground Floor Restaurant Area Kitchen Office Two WCs & wash basins G.I.A 111.13 sq m (1,196 sq ft)
Exterior
The property benefits from a rear car park for unloading and parking.
Tenancy
The property is let to K. Gibbons trading as Aboyne House Fish Restaurant on an FRI lease for a term of 7 years from February 2012 at a rent of £18,000 per annum exclusive of VAT.
VAT
VAT is not applicable
Viewing Details
Commercial premises access during open hours only.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
