Turnkey 80-cover restaurant with wood-fired oven in prime Herne Bay corner.
Established Italian restaurant and pizzeria, trading 11 years
A long-established, fully equipped Italian restaurant and pizzeria occupying a prime corner on Herne Bay High Street. Arranged over two floors and extending to about 2,060 sq ft, the premises provide around 80 covers, a front-and-centre wood-fired pizza oven, a fitted commercial kitchen, bar area and a separate function room — a ready-to-trade, turnkey hospitality business.
The current lease is a full repairing and insuring lease with 15 years remaining. The business is offered as a lease premium sale for £90,000 with a current rent of £13,500 per annum and includes furniture, fixtures and equipment. The spacious layout and prominent high-street location generate strong visibility and footfall, suitable for an investor or owner-operator seeking immediate trading income.
Important cautions for buyers: the lease term remaining is limited (15 years) which may restrict mortgage finance availability; many lenders could refuse lending on this tenure. The property sits in an area flagged for high crime rates and very high deprivation, factors that should be considered for long-term investment forecasts and insurance costs. The building is older (pre-1900) with solid-brick construction and no assumed wall insulation — potential maintenance and refurbishment costs should be budgeted.
For an investor comfortable with leasehold hospitality assets and the local market dynamics, this is a rare turnkey opportunity with established trading history and notable publicity. For buyers requiring mortgage funding or seeking low-risk locations, the short lease and local socio-economic indicators represent material drawbacks that warrant further due diligence.
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