The Old Bank, 8 Market Square, Westerham, TN16 1AW
Size
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Tenure
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Parking
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- Primary use
- Restaurant
Key features
- Prominent location
- 30 cover air conditioned restaurant
- Open kitchen, 12 cover Chef's Table
- Basement vault wine room
- 18 years remaining on lease
- Energy Rating B
- Annual rent: £50,000
- Christie & Co Ref: 8867261
Description
The Old Bank is a celebrated restaurant that offers contemporary, seasonal British cuisine influenced by French techniques. The restaurant has earned accolades such as being featured in the Michelin Guide and holding 2 AA rosettes.
LocationNestled in the heart of the Sevenoaks District, Westerham is a quintessential English town brimming with history, beauty and community spirit, located 3.4 miles east of Oxted and 6 miles west of Sevenoaks adjacent to the Kent border with both Greater London and Surrey.
Internal DetailsImposing high ceilings, large sash windows and wood flooring, bar area, 30 cover air-conditioned restaurant with 12 cover Chef's Table overlooking an open kitchen, disabled WC.
High specification commercial kitchen with full extraction, preparation area and pot wash area.
Basement vault, wine room, customer toilets, storage rooms.
All fixtures and fittings are to be included in the sale. However, any items that are owned by a third party or personal to our clients will be exempt.
External DetailsRear walk-in cold store, fridge, storage shed, bin store.
Front on-street parking.
The Old Bank presents a fantastic opportunity to grow this relaxed and elegant dining business further, as it is currently only trading 4 days a week.
StaffThe business is currently operated by the owners, along with a mixture of full and part time staff.
Trading InformationNet turnover to year 1 August 2024 was £613,460 with a 65.3% gross profit.
Full trading information will be made available following a formal viewing.
Wednesday: 12–3 pm, 6:30–10 pm
Thursday: 12–3 pm, 6:30–10 pm
Friday: 12–3 pm, 6:30–10 pm
Saturday: 12–3 pm, 6:30–10 pm
Current rateable value (1 April 2023 to present) £29,750.
This is the rateable value for the property. It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill.
Premises Licence.
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- Listed building
- No
- Business for sale
- Yes
- Tenure
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- Length of lease
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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The Old Bank, 8 Market Square, Westerham, TN16 1AW
We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.
If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.
Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.
Where we work
We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.
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Disclaimer - Property reference 8867261-lh. 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 Christie & Co, Pubs & Restaurants. 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.





















