Commercial Property
£13,200
King Street, Margate, CT9
CHARACTER FORMER RESTAURANT PREMISES TO LET IN MARGATE'S SOUGHT AFTER OLD TOWN
This charming former restaurant premises is situated in the heart of Margate's vibrant Old Town quarter within a few hundred metres of the sea front, harbour & the Turner Contemporary.
The unit retains much of the property's historic charm, and is arranged with a restaurant area to the front, with a private lobby, kitchen and W.C. to the rear accessed via a shared hallway. The premises would lend itself to a number of alternative uses, subject to any necessary planning permission and the Landlord's consent.
The property is to be offered with a new commercial lease with a starting rent of £13,200 per annum.
Ground Floor
Entrance
The property is accessed at street level via a recessed glazed entrance door with feature side display window. Three quarter height window with feature green tiling below and to the sides.
Café/Restaurant Area
4.67m x 4.15m (15' 4" x 13' 7") With feature display window measuring 2.78m (9' 2'') wide. Wood flooring. Fitted counter with sink. 3.26m (10' 8'') high ceiling with ceiling lighting. Wall-fitted high level side counter. Door to shared hallway with access to lobby, kitchen and W.C.
Hallway
Shared hallway providing access to the upper and lower ground floors.
Lobby Area
2.03m x 1.79m (6' 8" x 5' 10") With radiator, doors to kitchen and W.C. Fitted work surface area. Wood flooring.
Kitchen
2.98m x 2.40m (9' 9" x 7' 10") With wooden sash window to side. Vinyl flooring. Twin basin stainless steel sink unit. Separate stainless steel wash hand basin. Tiling to half wall height. Wall mounted gas fired boiler. Strip lighting.
W.C.
Fitted with low level W.C and wash hand basin. Wood flooring.
Lease
The property is to be offered with a new 7-Year Full Repairing & Insuring Lease (terms to be agreed) at a commencing rental of £13,200 per annum.
Costs & Deposit
Ingoing tenant will be required to pay the Landlords reasonable legal costs.
The Landlord will require 3 months rent as a deposit.
Uses & Restrictions
The premises currently has consent for use as restaurant/café (A3) and has previously been used for retail.
The Landlord has put a restriction against use as a bar/pub premises.
Planning
All planning enquiries should be made to Thanet District Council's Planning Department on 01843 577150 or by email to: planning.services@thanet.gov
Terence Painter
Prospect House
44 High Street
Broadstairs
Kent
CT10 1JT
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