40 Park Street, Ashford, Kent, TN24
For Sale - £555,000
Location
This property, formerly trading as Po Thai Restaurant, is located on the southern side of Park Street, to the left of the McDonalds car park. It is opposite The Panorama building and is only a few hundred yards walking distance of Ashford town centre. Whilst this is a prominent trading location on a busy thoroughfare it is in a secondary position, however it will be adjacent to a development site proposed to be a hotel in the near future. Other nearby traders include Café Nero, Halifax Building Society, The British Heart Foundation and Bet Fred.
Ashford, one of Kent's designated growth centres, currently has a population of approximately 100,000 inhabitants and is set to grow substantially in the next 20 years. The town is centrally located within the county, benefitting from a fine communications network via the A20/M20 and five mainline railways. Ashford International Passenger station can give direct access to northern continental Europe via Eurostar and London is some 38 minutes distant via HS-1.
Description
This detached building of solid brick construction provides approximately 3,600 sq.ft. of accommodation over three floors.
The ground floor comprises just under 1,700 sq. ft. and currently includes a bar area with open plan seating, with separate kitchen and WCs. The first floor of just under 1,300 sq.ft. is open plan and includes bar, kitchen and WCs. The second floor of just under 650 sq.ft. was previously used as offices and staff restroom accommodation and is split into several areas which formerly included a kitchen, shower room and WC.
The building is likely to be remembered locally as the 'Downtown Diner'; and having gone through a couple of temporary iterations it is now let to Galaxy Dance and Gymnastics Ltd who use it as their dance school. The former decking area to the front was removed during recent refurbishments to provide a further 3 or 4 car parking spaces.
At A Glance
- New 6-year lease commencing Spring 2026
- Average passing rent: £43,000 p.a. rising to £44,000 p.a.
- 3,600 sq.ft.
- Currently trading as Dance School.
Property Contact Details
