The property forms part of a busy terrace on Ocean Road which is the main route running from King Street down towards the seafront.
This is an area which has a high concentration of restaurant and food operators and the street has recently undergone some significant investment and there is ample pull in street parking.
There are high levels of residential housing within the immediate area and on the opposite side of Ocean Road there are high numbers of guest houses and small hotels. These generate good levels of trade for the local food outlets and are popular with contractors during the week as well as the traditional weekend visitors.
The premises operated as a 50 cover Turkish restaurant until early 2020 but would be suitable for a range of different types of cuisine. The dining room and kitchen space is fully fitted and equipped. Viewing is recommended to fully appreciate this opportunity.
Comprises a 3 storey mid-terrace property in good order throughout. Access to the upper floors is from the rear lane or through the kitchen.
Restaurant circa 760 sq.ft. (71 sq.m.)
Kitchen circa 296 sq.ft. (27 sq.m.)
2 x Customer Toilets
Bedroom / Lounge circa 200 sq.ft. (19 sq.m.)
Kitchen circa 210 sq.ft. (19 sq.m.)
Bedroom 1 circa 81 sq.ft (8 sq.m.)
Bedroom 2 circa 161 sq.ft. (15 sq.m.)
Bedroom 3 circa 213 sq.ft. (20 sq.m.)
Gas, water, electric and sewerage is installed.
The premises are assessed as follows:
Rateable Value £12,750
Rates subsidies available subject to status.
The premises are held on a lease for a term of 12 years from October 2017. The current rent is £15,000 per annum. Details on application.
Rating – D.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations, the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.