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 11th December 2019
Rent £78,550 per Annum Exclusive
Status Withdrawn Prior
Price
Sector Restaurant
Auction Venue The Montcalm Hotel 2 Wallenberg Place London W1H 7TN
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.
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
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
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
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
£78,550
21/11/2019 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 £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
Contacts
Associate Auctioneers
Bidwells LLP 25 Old Burlington Street London W1S 3AN