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Restaurant Sold STC - Guide Price £400,000

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Centrally located

Restaurant & Bar

950sq ft ground floor

A3 use

Grade II listed

Available now

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.

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This property is currently Sold STC. However, register your details below and we will contact you if it becomes available again.
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.

  
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.

  
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. OR For Sale Freehold with vacant possession.

  
VAT:
 Not applicable.

  
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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.