49a St Peters Street
Canterbury
Kent
CT1 2BE

Freehold Restaurant Investment

  • Let to Gourmet Burger Kitchen Limited until 2034 (subject to option)
  • Affluent cathedral city
  • Busy pedestrianised city centre location
  • Nearby occupiers include Nando's, Five Guys, Wildwood and Zizzi
  • Lot
    6
  • Auction
    11/Dec/2019
  • Rent
    £78,550 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price*
     
  • Sector
    Restaurant
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
Important Auction & Property Update
  • 49a St Peters Street<br>Canterbury<br>Kent<br>CT1 2BE
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
14 miles north-east of Ashford
62 miles south-east of Central London
Roads
A2, A28, A299, M2, M20
Rail
Canterbury East Railway Station (approx 80 minutes to London St Pancras International)
Air
Gatwick Airport
Situation

Canterbury is a historic cathedral city, popular with tourists and home to the University of Kent, Canterbury Christchurch University and the University College for Creative Arts. The property is situated on the busy pedestrianised St Peter's Street which leads to High Street. Nearby restaurant occupiers include Nando's, Five Guys, Wildwood and Zizzi.

Tenure

Freehold.

Description

The property comprises a ground and first floor restaurant with second floor ancillary accommodation.

VAT

VAT is applicable to this lot.

EPC

Band G. Available to download from the legal pack at acuitus.co.uk

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReviews
Ground
First
Second
Restaurant
Restaurant
Ancillary
247.21 sq m
73.11 sq m
10.78 sq m
(2,661 sq ft)
(787 sq ft)
(116 sq ft)
GOURMET
BURGER KITCHEN
LIMITED (1)
20 years from
21/11/2014 until
20/11/2034 (2)
on a full repairing
and insuring
lease
£78,55021/11/2019
and five yearly
Total
331.10 sq m
(3,564 sq ft)
  £78,550 

(1) Website: www.gbk.co.uk
(2) The lease provides a tenant option to determine on 21/11/2029.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Catalogue Page
    Updated Date
    20.11.19
    File Size
    2 MB
    View PDF
  • Site Plan
    Updated Date
    20.11.19
    File Size
    3 MB
    View PDF
  • Common Auction conditions
    Updated Date
    19.09.19
    File Size
    150 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    20.05.20
    File Size
    694 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
Billy StruthBilly Struth +44 (0)20 7034 4854billy.struth@acuitus.co.uk
Associate Auctioneers
Bidwells LLP 25 Old Burlington Street
London
W1S 3AN
Mike Fox 0207 297 6273mike.fox@bidwells.co.uk
Seller's Solicitors
Fladgate LLP 16 Great Queen Street
London
WC2B 5DG
0203 036 7702
Barbara Eilon 0203 036 7202beilon@fladgate.com

Useful Links

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