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Land
Albion Street, Broadstairs CT10
£120,000
Albion Street, Broadstairs CT10
£120,000
Price History
Initial price | £160,000 |
18/07/25 | £140,000 |
30/07/25 | £120,000 |
Price Change | -25.00% |
Description
This iconic art deco building in central Broadstairs is home to a unique Cocktail Lounge & Bar with Restaurant, boasting 1750 square feet of trading space and an additional 15-cover outdoor seating area. The property has undergone a £300,000+ refit in the past five years and offers a trendy bar/lounge atmosphere, serving breakfast, lunch, and dinner, as well as late-night drinks. With a 20-year lease from 2016, the current rent is £30,000 per annum plus VAT, which is an excellent value for the property's potential. The business has a 4.9-star rating on Trip Advisor and is a popular spot, especially on weekends. The asking price of £160,000 includes the renewable lease, goodwill, fixtures and fittings, and current stock, and viewings must be arranged through the listed office.