Prominent Bar / Restaurant / Retail Premises opposite redevelopment of Elwick Place in Ashford (Kent) - available as a whole or split

Key Points

• Ground floor restaurant / retail shell unit available for tenant's fit-out
• Prominent position directly opposite major new redevelopment
• Short distance from the main shopping district of Ashford town centre, Ashford College, & Ashford International Train Station
• Nearby occupiers; Picturehouse Cinema, Macknades Fine Foods, & The County Shopping centre
• Available to let as a whole or split

Location

The premises are located on Elwick Road in close proximity to Ashford town centre. Ashford is a growing and emerging town located approximately 60 miles south east of central London and in between Folkestone and Maidstone. Ashford is well know for for its international station and Eurostar link is one of Kent's designated growth centres with anticipated high population growth.

The location is within close proximity to the main retail and leisure area in Ashford town centre. Elwick Place a new cinema, restaurant and hotel complex development is opposite. The County Square shopping centre is also located opposite the premises. Ashford College is also located in close proximity. Nearby occupiers include Picturehouse Cinema, Macknades Fine Foods and various national occupiers.

Description

The premises benefit from an extensive full height glazing to the majority of the curved facade to Elwick Road. The unit provides an open ground floor area with capped off services ready for tenant's fit out. The unit benefits from an approximate 4.025m floor to ceiling height. and there is a 150mm raised access floor zone. Loading is available to the rear via Queens Road.

The upper parts of this development comprises of 12 new high quality residential flats above 13-14 Elwick Road and 30 apartments above 18,19,20 Elwick Road.

Viewings

For further information or viewings, please contact the sole agent:

Francois Neyerlin
Telephone: 0114 281 2183
Email: francois.neyerlin@smcbrownillvickers.com

Accommodation

Approximate Gross Internal Areas:
Ground Floor: 2,168 Sq Ft (201.48 Sq M)

Or as split units as shown on subdivision option:
Unit 13: 124.5 sq m, 1,340 sq ft
Unit 14: 56.8 sq m, 611.17 sq ft

Planning

The property has planning consent for A1, A2, A3, A4, A5 Use Classes. Planning application reference is 15/00011/AS.

Rating Assessment

The property would need to be accessed for rating purposes. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.

The 2023/24 Retail, Hospitality and Leisure Business Rates Relief scheme will provide eligible, occupied, retail, hospitality and leisure properties with a 75% relief, up to a cash cap limit of £110,000 per business. We would advise interested parties to carry out their own checks. More information can be found here: https://www.gov.uk/government/publications/business-rates-relief-202324-retail-hospitality-and-leisure-scheme-local-authority-guidance

Terms / Rent / For Sale

Rental
The premises are available to let on a new full repairing and insuring lease. Rent at £55,000 pa. VAT is NOT payable on the rent. Alternatively available as split units; £35,000pa for Unit 13 and £25,000pa for Unit 14 as shown on the sub division option.

Sale
Alternatively the long leasehold interest is available. Price on application. VAT is NOT payable on the purchase price. The property is held by way of a long leasehold interest (TT68972 ) of 999 years from 31st January 2017 at a peppercorn rent.