KENT - MULTI-FACETED TOWN CENTRE BUSINESS
£ 120,000
Tenure
Leasehold
Description
Central position in busy Folkestone
Ground floor and basement lock-up venue
Coffee shop restaurant (35)
Live music venue and bar (150)
Popular for its music, arts and community events
Long established business of 25 years
LEASEHOLD to include fixtures, fittings and goodwill. Stock at valuation in addition.
The Chambers is held on two leases as follows:
- Part repairing and insuring lease agreement from a private landlord for a term of 10 years, having just been renewed. Falling within the security provisions of the Landlord & Tenant Act 1954. Rent is £9,900 per annum. 5 year break clause.
- Part repairing and insuring lease agreement from a private landlord for a term of 10 years, having just been renewed. Falling within the security provisions of the Landlord & Tenant Act 1954. Rent is £29,500 plus VAT per annum. 5 year break clause.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
Ground floor and basement lock-up venue
Coffee shop restaurant (35)
Live music venue and bar (150)
Popular for its music, arts and community events
Long established business of 25 years
LEASEHOLD to include fixtures, fittings and goodwill. Stock at valuation in addition.
The Chambers is held on two leases as follows:
- Part repairing and insuring lease agreement from a private landlord for a term of 10 years, having just been renewed. Falling within the security provisions of the Landlord & Tenant Act 1954. Rent is £9,900 per annum. 5 year break clause.
- Part repairing and insuring lease agreement from a private landlord for a term of 10 years, having just been renewed. Falling within the security provisions of the Landlord & Tenant Act 1954. Rent is £29,500 plus VAT per annum. 5 year break clause.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
Country
England
County
Kent
Town
Folkestone
Address
The Chambers, Sandgate Road
Post Code
CT20 2BE
Website URL
Reference Number
17206
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