Sandgate Vaults, Sandgate High Street, Sandgate

265,000 GBP
Sandgate Vaults Sandgate High Street,
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Overview

  • Updated On:
  • February 23, 2024

Description

 Opportunity

Quite simply one of the best opportunities for a freehold high street property in Sandgate

‘Sandgate Vaults’ currently trades six days a week, with a lunch a dinner offering

The property and its location lend itself well to a later night operation, either wet led or in food delivery sector

 Development Opportunity

There is a wonderful opportunity to increase the turnover by opening throughout the day, later in the evening and or introducing a more wet led bar with food concept

Furthermore the property would be absolutely ideal for may other sectors, the prominent corner position on the high street, such as –

• Convenience Store
• Micro-brewery
• Hair dressers / Beaty salon
• Dental
• Pharmacy
• Retail
• Residential accommodation
• Holiday let

 Location

Prominent corner position on the high street in Sandgate, a village on the southeast coast of Kent sitting between the towns of Folkestone and Hythe

Sandgate has a thriving high street, well supported by locals and tourists it boasts a fantastic selection of independent businesses

 Internal Details

Sangate Vaults offers dining on two floors, the ground floor with its floor to ceiling windows, and as its name sake suggests, there is further dining in the cellar vaults

Please see the floorplans for further details

 Fixtures & Fittings

All fixtures and fittings not personal to our clients are included in the sale

 Tenure

Nationwide Business Sales are thrilled to offer this wonderful opportunity to the market on a freehold basis for ‘Offers Over £300,000’

 Staff

As an owner operated business there are full and part-time staff who are subject to TUPE

 Financial

Accounts for the year ending 31st March 2022 show a turnover of £188,000 generating a healthy profit in excess of £50,000

Full accounts available upon request

Address: Sandgate Vaults Sandgate High Street
Zip: CT20 3AH
Country: United Kingdom
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Property Id : 42358
Price: 265,000 GBP
Custom ID: 276541

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