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Restaurant Investment For Sale, 63 High Street, Ashford, TN24 8SG

1,013 Sq Ft / Retail / General Retail

For Sale - £180,000.00

Available - Last updated: 22 April 2024

This mid-terraced building is of timber frame construction and is several hundred years old, being Grade II listed and in the town centre Conservation Area. It provides accommodation on the basement, ground, first and second floors. The ground floor provides a sales counter and food preparation with rear dining area accessed from the churchyard if required. The first floor provides further storage accommodation and WC facilities. The first and second floors could be used as living accommodation in conjunction with the retail space if required, subject to all necessary consents being obtained. There is potential here to re-develop and a planning application 22/00037/AS is pending determination.
( Agency Pilot Software ref: 487 )

Location

This centrally located High Street property backs onto the churchyard ad faces major High Street traders such as Boots, Iceland and Barclays Bank. Ashford, one of Kent’s designated growth centres, currently has a population of approximately 75,000 inhabitants and is set to grow substantially in the next 20 years. The town is centrally located within the county, benefitting from a fine communications network via the A20/M20 and five mainline railways. Ashford International Passenger station can give direct access to northern continental Europe via Eurostar and London is some 38 minutes distant via HS-1.

Accommodation

Ground Floor Front sales area 210 sq ft

Rear dining area 186 sq ft

First Floor Storage/Kitchen 470 sq ft

Second Floor Storage 147 sq ft

TOTAL 1,013 sq ft

Terms

TOTAL 1,013 sq ft

SERVICES All main services connected.

BUSINESS RATES The premises are assessed at a rateable value of £13,500. The uniform business rate multiplier for the year 2023/24 is 49.9p.

TERMS Offers are being sought for the freehold interest, with vacant possession on completion, in the region of £175,000.

LEGAL COSTS Both parties are responsible for their own legal costs.

ENERGY PERFORMANCE CERTIFICATE Results awaited.

Specification

• 1,013 sq ft (94.10 sq m)
• Ground floor takeaway area + seating for 12+
• Available from January 2024
• Re-Development Potential

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £180,000.00 NA

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Contact agents

Richard Stafford

Stafford Perkins Chartered Surveyors

01233 690510

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