Prominent three-storey seaside restaurant — fully fitted, profitable and leasehold.
Established coastal restaurant with 2023 turnover over £500,000
Harbour Street Tapas occupies a prominent three-storey corner premises in Whitstable, offering an established trading business with strong 2023 turnover in excess of £500,000. The ground-floor dining room seats circa 22 with a further 20 covers on the first floor, supported by a fully fitted commercial kitchen, full extraction and a single bar servery — all trade fixtures and fittings are included in the sale.
The property combines Victorian character with practical trading features: large windows, double glazing, air conditioning on dining levels, office and storage on the second floor, and nearby public parking. The location benefits from coastal footfall, a mainline station with services to London and a catchment of professionally qualified residents and family terraces nearby, helping evening and seasonal trade.
This is offered as a leasehold business with a fully repairing and insuring (FR&I) lease and approximately 8.5 years remaining on a 10-year term. The landlord requires a six-month rent deposit and the purchaser should note the current rateable value of £17,750 for business rates calculations. The business has been predominantly owner-run with a small team of full- and part-time staff and produced an adjusted net profit of around £96,000 in the last reported year.
A buyer seeking an operational seaside restaurant with immediate takings and scope to refine opening hours, marketing and menus will find clear upside. Equally, prospective operators must allow for leasehold obligations, deposit requirement, and the need to manage an older mid-terrace building constructed before 1900 with solid brick walls and limited insulation.
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