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Restaurant To Rent - £25,000 pa

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Market square location

Popular steakhouse & rum bar

Restaurant & Bar

65 Covers

Licence for 11 outside tables

Potential to increase business

The historic market town of Faversham is situated approx. 55 miles south-east of Central London, midway between Canterbury and Sittingbourne, and enjoys excellent road access, being adjacent to the A2 and within two miles of Junction 6 of the M2 Motorway. The town also benefits from good train services, with direct links to London Bridge, St Pancras and Cannon Street Station.

The property is located on the pedestrianised Market Place, at its junction with West Street and Court Street, some 0.3 miles to the north of Faversham Rail Station. Occupiers close by include Nationwide, NatWest, Card Factory, Lloyds Bank and Barclays Bank, amongst a range of local retailers, estate agents and restaurants. The Shepherd Neame Brewery is also nearby. The regular market days of Wdnesday, Friday and Saturday are incredibly popular and bring many visitors to the town.

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Location:
 The historic market town of Faversham is situated approx. 55 miles south-east of Central London, midway between Canterbury and Sittingbourne, and enjoys excellent road access, being adjacent to the A2 and within two miles of Junction 6 of the M2 Motorway. The town also benefits from good train services, with direct links to London Bridge, St Pancras and Cannon Street Station. The property is located on the pedestrianised Market Place, at its junction with West Street and Court Street, some 0.3 miles to the north of Faversham Rail Station. Occupiers close by include Nationwide, NatWest, Card Factory, Lloyds Bank and Barclays Bank, amongst a range of local retailers, estate agents and restaurants. The Shepherd Neame Brewery is also nearby.

  
Description:
 Description: An excellent restaurant building located on a prominent corner site in the heart of the Square in Faversham. The space is arranged on ground and three upper floors to provide a ground floor restaurant with kitchen, preparation, storage and a function room at first floor with a dumb waiter to ensure speed of service. There is a total of 65 covers inside plus a pavement licence from Swale Borough Council for a further 11 tables outside. The second and third floors provide residential owners/managers accommodation by way of a spacious 3 bed flat accessed from within the restaurant. The property also benefits from an enclosed rear courtyard. The property is now permanently closed but previously traded Thursday to Sunday which suggests there is lots of potential to develop a much wider trade.

  
Business rates:
 Interested parties are advised to make their own enquires to the local Authority, being Swale County Council.

  
Terms:
 To be let on a new FRI lease for a term of 4, 8 or 12 years to suit.

  
Deposit:
 Subject to status, a deposit of up to 6 months rent may be required.

  
Reference Fee:
 Upon acceptance of offer and prior to documentation being circulated, the ingoing tenants will be required to make a non-refundable contribution of £250 + VAT in respect of referencing and credit check.

  
VAT:
 Not applicable

  
Legal Fees:
 Each party to bear their own legal costs.

  
Viewing:
 Strictly via appointment through joint sole agents: John Payne Commercial 020 8852 6125 Or Joint Agents. WH Breading - Duncan MacKinnon 01795 531622

  
Floor Plan 1 Floor Plan 2 Floor Plan 3 Floor Plan 4

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.