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THRIVING PIZZERIA RESTAURANT

FULLY FITTED COFFEE BAR

CAR PARKING SPACES TO REAR

FULL RESTAURANT LICENCE

Motis Estates are proud to offer this amazing opportunity to purchase 'Follies' Pizzeria Restaurant situated in the thriving area of Sandgate Road.

Situated in a near prime trading location within Folkestone town centre, with a variety of retail users in the vicinity including multiples such as Beauty Salons, Costcutter, Sainsburys, banks, building societies and Estate Agents.

On street parking is available outside the premises for 1 hour in 3 and there are several public car parks including multi storeys within easy walking distance of the premises.

The pedestrianised section of Sandgate Road is approximately 250 yards/300 m to the East.

This thriving pizzeria restaurant is located on the south side of Sandgate Road and enjoys large accommodation and twin bay display shop front windows.

GROUND FLOOR
Approx. 897 sq ft.
Fully fitted with a coffee bar and an array of tables and chairs.

FIRST FLOOR
Retail Area 1657 sq ft.
Rear double doors onto parking area
Array of tables and chairs with open view fully fitted kitchen area.

OUTSIDE
Rear parking Area for two to three vehicles 23' 2" / 7.05 m
wide and 19'11" / 6.07m deep

LEGAL FEES
The assignee to be responsible for landlord's reasonable legal costs in the assignment of the lease.

TERMS
The rental is £20,659.08 per annum subject to yearly rent reviews in June.

Premium is £20,000 including fixtures and fittings.
The current lease expires 1st June 2021.

BUSINESS RATES
Folkestone and Hythe District Council 01303 850388 verbally
advise:

Rateable Value - £12,500 pa
The rate in the pound for the financial year 2018/2019 is 49p.
Equivalent Rates Payable - £6,125.00
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.

Arrange a Viewing
This property is currently Under Offer. However, register your details below and we will contact you if it becomes available again.

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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