2 bedroom pub for sale

KENT

£1,500,000

Property Description

Full description

Tenure: Freehold

REF:8044 FREEHOLD



SUBSTANTIAL, HIGHLY IMPRESSIVE AND THRIVING 15th CENTURY GRADE II LISTED FREEHOLD INN, AVAILABLE FOR THE 1st TIME IN 25 YEARS SITUATED IN THE AFFLUENT AND SOUGHT AFTER VILLAGE OF ASH, KENT


Thriving village inn situated in the prime location of Ash.

Traditional Lounge Bar (circa 40), Function Room/Private Dining Room (circa 20 covers) and a versatile and multi-functional Restaurant (circa 70 covers).

Exuding a wealth of charm and character throughout, with open fires and beamed ceilings, the epitome of a truly wonderful English Country Inn.

Good sized fully equipped Commercial Catering Kitchen with a walk-in chiller and a walk-in freezer.

Superb 2 Bedroomed Owner's Accommodation.

Situated on a site of approximately 2.5 acres having a Beer Garden (circa 150), a Marquee (circa 150), a very good sized lawned site ideal for events and weddings etc and Patron's Car Park (circa 50+ Cars).

Advised current turnover circa 850,000+ (incl. VAT).

Trade split circa 60% wet and 40% food. Undoubted potential for catering/events orientated operators.

AVAILABLE FOR THE 1st TIME IN 25 YEARS




AN INCREDIBLY RARE OPPORTUNITY TO ACQUIRE A THRIVING AND PROFITABLE BUSINESS OFFERING TREMENDOUS GROWTH POTENTIAL

LOCATION

This delightful and traditional inn is situated in the rural parish village of Ash; in the beautiful county of Kent and can be easily reached from junction 1 of the M20. Situated within the commuter belt being approximately ONLY 20 miles from the capital city of London and also having excellent road communications providing easy access to the M25, M23, M20, M3, M4, M40, M11 and M1 motorways making this superb location an excellent strategic commuter area for the major motorways and the major international airports of Gatwick, Heathrow, Stansted and Luton.
This delightful inn is located within a catchment area of many similar affluent villages and towns in addition to being situated close to Dartford, Rochester, Maidstone, Canterbury and the coastal resorts of Whitstable and Herne Bay, making this superb inn ideally situated to draw trade from the nearby surrounding towns and villages all of which contribute to the excellent level of repeat trade. An enviable place to reside and a compelling trade opportunity.

THE PROPERTY

This delightful and substantial property occupies an excellent and strategically well positioned trading location.
There are two main entrances at the front leading into the Lounge Bar.
Lounge Bar (circa 40) being a good sized traditional room exuding a welcoming ambience features a long central return bar servery with a solid polished counter having a matching mirrored back fitting with trade optics and refrigerated bottle coolers (not tested) complemented by a good range of solid polished tables, upholstered perimeter seating, upholstered chairs and upholstered bar stools. Adding to the charm and character of the room is the brick built open fireplace and the beamed ceiling and walls.
Function Room/Private Dining Room (circa 20 covers) situated on the first floor, is a versatile room being well furnished with solid polished tables and upholstered chairs. There is also a beamed ceiling and beamed walls.
Restaurant (circa 70 covers) being multi-functional, providing versatility in its usage; ideal for functions, weddings, private parties, wakes and conferences etc and is well furnished with an excellent range of solid polished tables, upholstered chairs and upholstered perimeter seating. There is also a feature brick built open fireplace, lovely exposed brick walling and a beamed ceiling adding to the charm and character of the room.
Catering facilities include a good sized fully equipped Commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested). There are wash-up and prep areas and a walk-in chiller and walk-in freezer.
Lower Ground Floor Cellar with dray drop, pumps, pythons x3, post mix and cooler.
Office
Ladies and Gents W.C's x 2 sets

OWNER'S ACCOMMODATION

Situated on the first floor, being of a good size throughout and presented in good decorative order and briefly comprises: 2 bedrooms, lounge, fitted kitchen and a modern fitted bathroom.

EXTERNAL

There is a good-sized Beer Garden at the front and extending to the side (circa 150+) with timber picnic benches. There is also an enclosed paved courtyard with timber picnic benches and a covered designated smoking area and access to the Marquee which is used for events and parties etc with a capacity of circa 150. There are also 2 children's play areas and a very good sized lawned area adjacent to the car park which is used for larger events and weddings etc. Patron's parking facilities for circa 50+ cars.

TRADING & LICENSING

We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:
Sunday - Thursday - 08.00am - 01.00am
Friday & Saturday - 08.00am - 01.30am
The current trading hours are as follows:
Monday - Sunday - 11.00am - 11.00pm
NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House.

GENERAL REMARKS

The property and business are being offered for sale freehold (although we have not had sight of the title deeds). We are advised that the inn benefits from all mains services and use gas fired central heating (services not tested). Business rates payable are advised as being ??????? per annum.

THE BUSINESS

Our vendor client operates this highly successful and profitable business as a 'sole trader' on a full time basis with the assistance of 4 full time and a pool of 6 part time/casual staff.
Trade is currently derived from circa 60% wet and 40% food sales. Whilst emulating the current highly successful business model; there is still immense potential for a new full time hands-on owner operator partnership with previous experience of running a catering/events orientated operation to take this business to the next level by exploiting the food/functions potential that is to be found here. There are many additional areas of potential to increase sales and profitability by implementing a strategic marketing campaign to utilise the premises for weddings, private parties, wakes and functions etc.
Advised current turnover circa 850,000 (incl. VAT). This is an incredible opportunity for either an owner operator to continue to build the business or for a commercial investor to enhance their existing portfolio. This delightful inn is an extremely well-established and successful business and in our opinion with the above areas of potential we would quite easily expect a fully focussed and fully committed operator to achieve a turnover well in excess of 950,000 (incl. VAT) per annum.
The asking price reflects the current trading foundation, the location and quality of fixtures and fitting, and of course not forgetting that this is an extremely substantial freehold property.

Accounting information will be made available to interested parties after viewing.

The property was viewed by Martin McConnell who would be delighted to discuss further details and can be contacted on 07970 213549.

Viewing appointments must be made via Guy Simmonds.

Details Prepared: January 2018

VIEWING: All appointments must be made through Guy Simmonds. Please note that these Sales Particulars are issued on the strict basis that all negotiations, viewings and contacts in connection with this business are conducted through Guy Simmonds who are appointed by the vendor to act under a Sole Selling Rights agreement with total confidentiality. Any breach of these terms may make you liable in law to litigation and damages. Under no circumstances must you approach the owner direct without a formal appointment or disclose to other customers and staff that the Premises are for sale.

FINANCE FOR PURCHASING A LICENSED PROPERTY: We are in constant touch with a leading finance broker who specialises in arranging Business Finance for Licensed Properties. Whether you are purchasing a Licensed Property through ourselves, or another agent, we will be pleased to contact on your behalf our specialist who can arrange the necessary Finance Package for you at preferential rates. Please telephone for free and no obligation advice with regards to financing a Business.

Guy Simmonds for themselves and for the vendors or lessors of this property and/or business whose agents they are give notice that:-
(I) These particulars are a general outline for the guidance of intending purchasers (or lessees) and do not constitute an offer or contract, nor any part of an offer or contract.
(II) All descriptions, dimensions, distances, maps/plans, references to condition, trading figures and other items in these particulars are given as a guide and no responsibility is assumed by Guy Simmonds for the accuracy of individual items. Intending purchasers (or lessees) should not rely on them as statements of representations of fact and should satisfy themselves as to the correctness of each item by making independent enquiries.
(III) Intending purchasers (or lessees) should make their own independent enquiries regarding the use of the property, necessary permissions for use and occupations, potential uses and any other matters affecting the property prior to purchase.
(IV) Guy Simmonds do not make or give whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to this property. No responsibility is taken by Guy Simmonds for any error, omission or mis-statement in these particulars. Guy Simmonds do not warrant the accuracy of any accountancy information supplied and purchasers are advised to take independent advice in order to satisfy themselves.
(V) Guy Simmonds are unable to give any warranty as to the working order of any apparatus, equipment, fittings or services associated with the premises and therefore, cannot verify they are in full working order. Purchasers are strongly advised to obtain specialist reports prior to exchange of contracts in order to satisfy themselves.
(VI) All statements and descriptions are made without responsibility or warranty by Guy Simmonds, the vendors or lessees. Neither do Guy Simmonds nor the vendors/lessees hold ourselves responsible for any expenses whatsoever incurred by applicants inspecting Businesses which may be sold or withdrawn, to include travelling, valuation/survey, legal fees etc.
(VII) No person in the employment of Guy Simmonds has any authority to make or give any representation or warranty whatever in relation to this property.
(VIII) It should not be assumed that the contents of any photographs are included in the sale.
(IX) All prices quoted are excluding stock at valuation.


Nearest stations

  • Longfield (2.5 mi)
  • Meopham (3.3 mi)
  • Farningham Road (3.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds Business Transfers Limited , National Licensed Property

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448136 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Longfield (2.5 mi)
  • Meopham (3.3 mi)
  • Farningham Road (3.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds Business Transfers Limited , National Licensed Property

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448136 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 8044. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Guy Simmonds Business Transfers Limited , National Licensed Property. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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