6 Week completion
Occupying a prominent trading position close to the junction with Ashford Road within the principal retailing area of the town and being amongst a variety of local restaurants, retailers and multiple traders including Costa, Lloyds Bank, Co-op Funeral Care, Lloyds Pharmacy, Spar, Post Office and The British Red Cross.
New Romney is an attractive town being one of the Cinque Ports lying off the main A259, approx. 18 miles north-west of Hastings and 13 miles south-west of Folkestone.
Forming part of an end of terraced building comprising a substantial Ground Floor Double Fronted Restaurant (60 covers).
In addition, the property benefits from a rear car park for unloading and parking.
Ground Floor Double Fronted Restaurant
Gross Frontage 33'3"
Internal Width 31'1"
Restaurant Depth 40'8"
Built Depth 59'6"
Total Area Approx. 1,250 sq ft
VAT is NOT applicable to this Lot
Leasehold for a term of 999 years from completion at a peppercorn ground rent.
The property is let on a full repairing and insuring lease to K. Gibbons (with 1 surety) trading as Aboyne House Fish Restaurant for a term of 7 years from 27th February 2012 at a current rent of £18,000 per annum exclusive.