Property photos
£18,000 pa
£1,500 pcm
Retail premises to let
Marine Gardens, Margate CT9Available immediately
Local area information
Property location
Nearby amenities
- Margate, Holy Trinity and St John's Church of England Primary School 0.2 miles
- Margate 0.4 miles
- Salmestone Primary School 0.6 miles
- Westgate-on-Sea 1.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Margate to find out more about the local area.
Features and description
- Unfurnished
- New fr&I Lease Offered
- Sea-Front Location
- Well-Established Business
- Turnover on Request
Miles & Barr Commercial are delighted to offer onto the market this well established, large restaurant and bar in one of Margate’s most prominent locations.
The restaurant currently benefits from long term regulars and tourists being within walking distance of the beach, Dreamland amusement park, the high street, art galleries and close to the heart of Margate’s rejuvenated, bristling old town, now home to new businesses, restaurants, and bars.
Having been family run for decades, the restaurant has gained a loyal clientele who have enjoyed the authentic dishes and entertainment on offer, alongside a fully licensed bar offering wines, spirits, beers, and cocktails.
The landlord is now looking to move onto there next venture and is prepared to sell the business premium for a poa. The premium payable is for a totally rewired, fully furnished, contemporary restaurant and commercial kitchen.
A favourable new lease will be offered for the existing viable business, that has room to operate on many more days and nights.
Turnover: Available on request
net profit: Available on request
Location
Seafront location, Margate, Kent
Known throughout the world, Margate is a town on England’s southeast coast. It’s known for its sandy beach and the
modern Turner Contemporary art gallery.
Tenure
The restaurant is available on a new fr & I lease with terms negotiable with the landlord.
Commercial Leasing Fees:
An administration fee of £300+VAT is payable to Miles & Barr Property Management Ltd when leasing a Commercial property.
Identification checks
Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr; they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. | We use a specialist third party service to verify your identity provided by Lifetime Legal. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, directly to Lifetime Legal, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
Location
Margate is a fantastic seaside town and contains the areas of Cliftonville, Garlinge, Palm Bay and Westbrook. The energy surrounding Margate is excellent, it holds the likes of a world class Art Gallery, the UK's original pleasure park 'Dreamland', fast Rail links into London and of course not forgetting the stunning sandy beaches and sparkling bays. You are within a 10 minute drive to the neighbouring towns which are Broadstairs, Ramsgate and Birchington. There are also good road links to London via the A299 Thanet Way and M2 Motorway.
Main Restaurant Area
143 Sqm
Restaurant Kitchen
57 Sqm
W.Cs
Male & Female Toilets
The restaurant currently benefits from long term regulars and tourists being within walking distance of the beach, Dreamland amusement park, the high street, art galleries and close to the heart of Margate’s rejuvenated, bristling old town, now home to new businesses, restaurants, and bars.
Having been family run for decades, the restaurant has gained a loyal clientele who have enjoyed the authentic dishes and entertainment on offer, alongside a fully licensed bar offering wines, spirits, beers, and cocktails.
The landlord is now looking to move onto there next venture and is prepared to sell the business premium for a poa. The premium payable is for a totally rewired, fully furnished, contemporary restaurant and commercial kitchen.
A favourable new lease will be offered for the existing viable business, that has room to operate on many more days and nights.
Turnover: Available on request
net profit: Available on request
Location
Seafront location, Margate, Kent
Known throughout the world, Margate is a town on England’s southeast coast. It’s known for its sandy beach and the
modern Turner Contemporary art gallery.
Tenure
The restaurant is available on a new fr & I lease with terms negotiable with the landlord.
Commercial Leasing Fees:
An administration fee of £300+VAT is payable to Miles & Barr Property Management Ltd when leasing a Commercial property.
Identification checks
Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr; they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. | We use a specialist third party service to verify your identity provided by Lifetime Legal. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, directly to Lifetime Legal, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
Location
Margate is a fantastic seaside town and contains the areas of Cliftonville, Garlinge, Palm Bay and Westbrook. The energy surrounding Margate is excellent, it holds the likes of a world class Art Gallery, the UK's original pleasure park 'Dreamland', fast Rail links into London and of course not forgetting the stunning sandy beaches and sparkling bays. You are within a 10 minute drive to the neighbouring towns which are Broadstairs, Ramsgate and Birchington. There are also good road links to London via the A299 Thanet Way and M2 Motorway.
Main Restaurant Area
143 Sqm
Restaurant Kitchen
57 Sqm
W.Cs
Male & Female Toilets
More information
Listed by
Miles & Barr - Commercial
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