160 High Street, Herne Bay, CT6

Commercial Property for sale in Herne Bay

ESTABLISHED AUTHENTIC ITALIAN RESTAURANT & PIZZERIA IN PRIME HIGH STREET LOCATION

This long-established restaurant business is situated within the heart of the busy coastal town of Herne Bay, close to the sea front and the town amenities. The business has been trading for 11 years and was the first Pizza Restaurant in the UK to meet with the strict guidelines of the Associazione Varace Pizza Napoletana - meeting the strict standards of traditional Neapolitan Pizza. The restaurant has been lauded by articles in The Guardian, Sunday Times, BBC Good Food, Sainsburys Magazine and by BBC Masterchef. 

The premises are arranged over two floors providing eighty covers. The traditional wood-fired pizza oven is in full show, situated front and centre of the ground floor. In additional is a fully fitted commercial kitchen and bar serving area.

The business is being offered for sale with a lease premium of £90,000 to include all furniture, equipment and fixtures & fittings appertaining to the business. The premises benefit from the balance of a 15 year full repairing and insuring lease with a current rent of £13,500 per annum.    

Ground Floor


Entrance
Corner part glazed entrance door to lobby with further glazed door to restaurant.

Front Service Area & Bar
8.26m x 5.84m (27' 1" x 19' 2") Double aspect corner windows with raised counter and table seating. Feature part exposed brick wall, wood effect tiled flooring. Ceiling mounted lighting. Large feature wood fired pizza oven with mosaic tiled exterior and chimney. Pizza service counter and marble counter-top with chilled ingredients and display counter. Dough machine.
Bar and service counter with wood counter-top, stainless steel sink unit & wash hand basin, Two under counter and two tall drinks fridges. Coffee machine and bean grinder. Glass-washer.

Stores Room
2.30m x 1.71m (7' 7" x 5' 7") Tiled walls and floor.

Kitchen Service Area
3.91m x 2.40m (12' 10" x 7' 10") Tiled flooring. Freezer, fridges, wine fridge and stainless steel shelving.

Kitchen
5.49m x 5.33m (18' 0" x 17' 6") Fully equipped commercial kitchen with central stainless steel work station with cold storage. Further fridges. Six burner range, grill and fat fryer with stainless steel extractor canopy over. Twin stainless steel pan washing sinks and wash hand basin and pass through dish-washer. Tiling to floor and walls. Door with street access and door to refuse store.

Rear Lobby
With fire exit, stairs leading to first floor and access to:

Disabled W.C./Baby-change Area.
With low level W.C. & sink, baby-change matt, radiator and window to side. Tiled to half wall height and vinyl flooring.

First Floor


Landing
With wood flooring, fitted shelves and access to Gents & Ladies W.C.'s, function room and main restaurant area.

Gents W.C.
Tiled to half wall height and floor. Fitted with low level W.C. and wash hand basin. Hand dryer, radiator and window to rear.

Ladies W.C.
Tiled to half wall height and floor. Fitted with low level W.C. and wash hand basin inset to vanity unit. Hand dryer, radiator and window to rear.

Function Room
5.61m x 3.86m (18' 5" x 12' 8") With two windows to side. Combination of table and bench seating providing up to 26 covers. Wood flooring, pendant lighting. Air heating & cooling system. Door to:

Store Room
2.80m x 2.42m (9' 2" x 7' 11") With window to rear. Wall mounted combination boiler and ice machine.

Main Restaurant Area
7.69m x 6.25m (25' 3" x 20' 6") With dual aspect windows, wooden flooring and table seating for up to 40 covers. Feature exposed brick and plaster wall. Pendant lighting. Two air heating and cooling units. Service station with two drinks fridges.

Premium:
The business is being offered for sale with a lease premium of �90,000, to include all furniture, equipment, fixtures and fittings appertaining to the business. Plus stock at valuation.

Lease
The premises are being offered with the balance of the existing 15-year commercial full repairing and insuring lease, which commenced in June 2013. There are three-yearly rent reviews.

Rent
Currently �13,500 per annum.

Business Rates:
The current Business Rateable Value is �11,500. This is not the amount payable but the amount against which the current rate is applied. The premises may be exempt from business rates depending upon the ingoing tenants circumstances.

Services
We understand the property benefits from mains electricity, gas, water and drainage.

Important Information

• This is a Leasehold property.

Property Ref: 5345346_27788466