This coffee shop is in excellent condition and is ready for a trader/operator to open immediately with minimal outlay. The property benefits from a corner prominent position on the busy Watling Street (A2) which serves the local residential community of upper Gillingham and Darland as well as an excellent passing trade from people travelling between the Medway Towns. Neighbouring shops include a One Stop Shop and Betfred, with the rest being independents that cater for the neighbouring areas of Darland and Gillingham. There are a variety of cafes, restaurants, pub, bakery, hairdressers, chemist, Post Office and health services within this neighbourhood shopping Street. On street parking is available along Watling Street as well as the side roads making this a convenient stop off.
A new development is currently under way opposite the café and it is believed that a Sainsburys Local is opening, with flats above. This will encourage further passing trade to the area.
Tenure: A new lease will be available on terms to be agreed.
Rent: £15,000 per annum exclusive of rates, insurance and any service charge.
Premium: Our client is looking for a premium in excess of £30,000 for the benefit of the premises and fixtures and fittings. An inventory is available on request listing the equipment that can remain in the premises.
Rates:Rateable Value is £9400 . (this is not the rates payable figure). This property may be subject to Small Business Rate Relief and enquiries should be made directly with Medway Council.
Rent Deposit: Our client will require a rent deposit equivalent to one quarters rent.
Legal Costs: The ingoing tenant to be responsible for both parties legal costs.