Property Summary
Established Restaurant for Lease, Equipment Included for Immediate Trading, £80k premium, Town Centre Location, Customer Parking Nearby, Measuring a total of 2,444 SqFt, 70 Covers Ground Floor, Lower Ground Function Room.
Property Features
- Established Restaurant for Lease
- Equipment Included for Immediate Trading
- £80k premium
- Town Centre Location
- Customer Parking Nearby
- Measuring a total of 2,444 SqFt
- 70 Covers Ground Floor
- Lower Ground Function Room
DESCRIPTION
RENT
£3,000 PER CALENDAR MONTH (£36,000 PER ANNUM)
PREMIUM
£80,000
Further details of equipment included available upon request
LOCATION DESCRIPTION
This restaurant is located along Parrock Street on Gravesend's one-way system - being close walking distance of all amenities such as parking, shopping centres, eateries and banks, and within 0.2 miles of Gravesend Station (with its high speed link to London St Pancras, journey time around 23 minutes). The A2/M2 is 1.9 miles to the South, linking to the M25 and Dartford Road Crossing.
PROPERTY DESCRIPTION
An established restaurant premises situated on Gravesend’s one-way system, with high passing traffic. Totalling 2,444 SqFt and comprising the following:
Ground Floor (1,552 sq ft):
Includes the main restaurant area with seating for approximately 70 covers, a bar area, a fully equipped commercial kitchen, outside store room and accessible WC.
Basement (892 sq ft):
Function room and WCs.
CURRENT BUSINESS RATES
Figures from the Valuation Office show a current rateable value of £24,500 per annum as at June 2025 which normally means an amount payable of between 40%-50% of this figure. Please check with the relevant local authority which is Gravesham Council.
CURRENT CLASS OF BUSINESS USE
The vendor advises current class of business use is 'E' Restaurant use. Interested parties are advised to seek clarification of permitted use from the local authority.
AGENT'S NOTE
Tenants to pay a referencing fee of £150 Inclusive of VAT.
No Energy Performance Certificates available. Please Contact us for more details