Land

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Land

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 thriving Cocktail Lounge & Bar with Restaurant, boasting 1750 square feet of trading floor space and an additional 15-cover outside seating area. The property has undergone a £300,000 plus refit in the past five years and offers a trendy bar/lounge feel, serving breakfasts, lunches, and dinners, as well as late-night cocktails. With a 20-year lease from 2016 and rent reviews every five years, the current rent of £30,000 pa plus VAT is an excellent value. The property has a 4.9-star rating on Trip Advisor and hosts live music most weekends. The asking price of £160,000 includes the renewable lease, good will, fixtures and fittings, and current stock at valuation, making it a rare opportunity to secure a successful business with massive potential for growth.