Miles & Barr Commercial are delighted to bring to market this Freehold Commercial property in the heart of Sandgate, just one road away from the sea. In its current guise the property is set up as a modern and stylish ground and lower-ground restaurant and bar, with 89 google reviews and 142 trip advisor reviews.
The ground floor features 16 cover restaurant with an open-kitchen, separate wash up area and steps up to WCs. Access to the side and rear from the property is situated opposite the toilets.
The lower-ground has a bar area, along with a number of private dining areas and has been renovated from a previous bank - hence where the restaurant and bar gets its name. The freehold of the commercial aspect as well as the freehold interest in the residential aspect is for sale. The residential parts include 3 x flats, sold on long leases with £1,650 income per annum (and maintenance responsibilities).
Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity provided by Lifetime Legal. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, directly to Lifetime Legal, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
|Private Dining Area||5' 10" x 8' 9" (1.79m x 2.67m)|
|Open-Kitchen||10' 7" x 15' 7" (3.23m x 4.75m)|
|Pot-Wash||11' 5" x 7' 7" (3.48m x 2.31m)|
|WCs||9' 10" x 10' 11" (2.99m x 3.32m)|
|Private Dining Area Three||12' 1" x 8' 0" (3.69m x 2.45m)|
|Hallway||24' 10" x 3' 10" (7.57m x 1.16m)|
|WC||8' 10" x 3' 10" (2.69m x 1.16m)|
|Main Sales Area||29' 7" x 15' 11" (9.02m x 4.84m)|
|Dining Area||12' 6" x 10' 10" (3.80m x 3.31m)|
|Beer Cellar||10' 11" x 4' 2" (3.32m x 1.27m)|
|Private Dining Area Two||6' 2" x 7' 4" (1.87m x 2.23m)|
|Store Room||6' 4" x 3' 1" (1.94m x 0.95m)|
|Back-Bar||13' 5" x 5' 4" (4.10m x 1.62m)|
|Bar/Dining||16' 0" x 18' 8" (4.87m x 5.69m)|