Retail premises to let in Queen Street, Ramsgate CT11

Thriving Business Available! £20,000

Miles and Barr Commercial are delighted to be assisting with the marketing of the business premium for the thriving business the Zest Cafe and Bar. The business owners are currently on a ten year lease for the ground floor shop and two bedroom flat above paying £1,084pcm. The Lease has a rent review and break clause at the end of year five. Alongside the successful business, the fixtures and fittings will all be included with the price. A full broken down inventory can be seen on application. The total floor area for the ground floor commercial is 51.74 Sqm. The business is still currently trading, and therefore viewings are strictly by appointment only.

Commercial Leasing Fees:

An administration fee of £300+VAT is payable to Miles & Barr Property Management Ltd when leasing a Commercial property.

Location

Ramsgate is situated on the southerly aspect of the Isle of Thanet and benefits the country’s only Royal Harbour, its status being granted by King George 1V in 1821. The distinctive and beautiful harbour has a vibrant yachting community alongside some commercial activity and was where the Little Ships evacuation of Dunkirk set out from in 1940. The town is enjoying something of a Renaissance with its large amount of Grade II Listed property, many set within elegant Regency squares, or overlooking the sea, others with links to or influenced by the architect Augustus Pugin. In recent years the Royal Harbour has seen many restaurants, cafes and bars emerge alongside quirky independent retail outlets, some utilising the arches on the quayside beneath Royal Parade. The town is steeped in history with associations to many well known figures including Queen Victoria, Karl Marx and Vincent Van Gogh as well as having a fascinating network of tunnels beneath the main centre. The fortunes of the town have been hugely assisted by the recent addition of a high speed rail link to London St Pancras making a commute for many a viable option.