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SUCCESSFUL PIZZA RESTAURANT

SITUATED IN A BUSY HIGH STREET

NEWLY REFURBISHED

RARE OPPORTUNITY

FULLY LICENSED

SET OVER THREE FLOORS

Motis Estates are proud to offer Follies Restaurant, a well-established Pizzeria Restaurant Business for sale with approx. 100 covers.

Situation - Situated on the High Street opposite Santander, with numerous retail outlets such asWH Smiths, Boots, Iceland and several independent shops in the picturesque Cinque Port Town of Hythe, approximately 4 miles from the Channel Tunnel terminal and Folkestone. The town centre offers a range of Multiple Retailers and banks and enjoys a wide variety of retail outlets and businesses giving a good mixed trading environment. Sandling mainline railway station, the M20 motorway and Ports of Dover and Folkestone are also easily accessed by car.

This thriving pizzeria restaurant is located on the main High Street, with Aldi behind and on street parking available within the area.

Accommodation - Ground Floor
Approx. 79.1 sq ft.
First Floor
Retail Area 58.7 sq ft.
With an array of tables and chairs
Basement Area
Approx. 63.3 sq ft
Fully fitted bar area.

Legal Fees - The assignee to be responsible for landlord's reasonable legal costs in the assignment of the lease.

Terms - The rental is £24,000 per annum. Motis Estates are on the understanding from our vendor that there is approximately 9 years remaining on the lease.

Premium - The business is being offered fully furnished for a premium.

Business Rates - Folkestone & Hythe District Council 01303 850388 verbally advise:

Rateable Value - £15,750 pa

The rate in the pound for the financial year 2018/2019 is 49p.

Equivalent Rates Payable - £7,717.50

It is understood that there may be small business relief in respect of the rates
payable and applicants should make their own enquiries of the local authority.

Viewing - VIEWING IS STRICTLY BY APPOINTMENT ONLY THROUGH MOTIS ESTATES. PLEASE CONTACT KRIS FOSTER MRICS: 01303 212020.

For more information contact Motis Estates Commercial Director:

Kris Foster MRICS
01303 212020
Kris.Foster@Motis-Estates.com
WWW.MOTIS-ESTATES.COM

Arrange a Viewing

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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