£85,000

Restaurant for sale

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Just added
Leasehold

£85,000

Restaurant for sale

Harbour Parade, Ramsgate, Kent CT11

Local area information

Property location

Nearby amenities

  • Chatham & Clarendon Grammar School 0.4 miles
  • Priory Infant School 0.4 miles
  • Ramsgate Ferry Terminal 0.5 miles
  • Ramsgate 0.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Ramsgate to find out more about the local area.

Features and description

  • Leasehold
  • -Well-established craft beer bar with strong local and visitor appeal
  • -Fully fitted trading kitchen with loyal following for food offering
  • -Prominent harbour-side trading position in Ramsgate
  • -Secure lease in place with long unexpired term
  • -Attractive rental with scope for further growth
For sale – Good Space Tap, Harbour Parade, Ramsgate, CT11

A rare opportunity to acquire a thriving, well-established hospitality business in one of Ramsgate’s most desirable waterfront locations on Harbour Parade, overlooking the Royal Harbour.

Good Space Tap presents a compelling investment or owner-occupier opportunity, combining a successful craft beer bar with a high-turnover trading kitchen. The property occupies a prominent ground floor position within a vibrant hospitality and leisure quarter, benefitting from excellent footfall from both local residents.

Internally the ground floor provides a stylish and welcoming bar environment, fitted out to a high standard. The lower ground floor houses a fully operational commercial kitchen, currently trading with a celebrated food offering most notably its signature smash burgers which has helped to drive footfall and broaden trading hours, creating multiple revenue streams.

Location
Situated on Harbour Parade, this property benefits from an enviable position in Ramsgate’s Royal Harbour, an area known for its mix of independent bars, eateries and tourist appeal. The location offers excellent visibility and accessibility, with proximity to waterfront attractions and a bustling seaside environment. Harbour Parade forms part of a wider regenerated seafront destination that continues to attract strong year-round trade.


Lease Details
The business is held on an existing lease with 9 years unexpired, providing security and continuity for a new operator or investor. The current passing rent is £1,650 per calendar month, offering a competitive cost base relative to the quality of the location and turnover potential.
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Location summary

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 IV 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.

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  1. Zoopla
  2. Commercial for sale
  3. Kent
  4. Ramsgate
  5. Harbour Parade