Commercial Property
£2,000,000
Margate Road, Westwood, Broadstairs, CT10
PRIME FREEHOLD COMMERCIAL INVESTMENT PROPERTY CURRENTLY PRODUCING £127,000 PER ANNUM
Situated on the busy A254 Margate Road at Westwood, Broadstairs this prime commercial investment property is currently producing £127,000 per annum in rent. This restaurant and drive-thru is let to Burger King on a 20 year lease until 2044. Upward only rent reviews are scheduled for 2029, 2034 and 2039, with no option to break.
Westwood is a busy out of town retail park and trading area conveniently situated on the main intersection between the Thanet towns of Broadstairs, Ramsgate & Margate. Other nearby businesses include, IMO Car Wash, Aldi, Kaspa's Desserts, Hollywood Bowl and many more.
For further information contact the sole selling agents Terence Painter on 01843 866866.
Drive Thru Restaurant
Access & Parking
Via the A254 Margate Road. Private parking for up to 26 vehicles with drive-thru access around the property with service counter.
Interior
Restaurant with seating for approx. 60 diners. Access to customer toilets. Open service counter to kitchen. Kitchen, prep, stock room, walk-in chiller & freezer storage. Staff locker-room and toilets.
Lease
20 year lease granted to BKUK Devco Limited in July 2024, with upward only rent reviews scheduled for 2029, 2034, & 2039. No option to break.
Current rent £127,000 per annum.
EPC Rating 39 - Band B
Terence Painter
Prospect House
44 High Street
Broadstairs
Kent
CT10 1JT
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