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Advert Ref: R435

Village Pub With Restaurant In Tonbridge For Sale

  • Tonbridge, Kent
Asking price:
£650,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

Charming grade II Listed premises
large car park
2 bars
50 cover restaurant
trade garden for 80 plus
3 bedroom flat
turnover £372,000 P.A. (Wet sales only)

Location
These charming, detached Grade II listed premises occupy a coveted trading location fronting the A229 between Maidstone and Staplehurst, being surrounded by picturesque farm and countryside.

Business
The business is well established and is now only being marketed due to our Clients other business interests. The business is staff run, offering tremendous potential for an owner/operator to develop, especially the restaurant side of the business which has recently ceased due to staff issues. Historical accounts show a turnover of £508,000 P.A. when the restaurant was operational. Further potential exists for wedding/event functions.

Turnover
£372,000 P.A. (2018)

Hours
11.00am to 11.00pm

Premises
Imposing, detached, Grade II listed premises enjoying panoramic views over surrounding countryside. Car Park: to front for some 40 plus cars. Main Bar: 713 sqft overall with 35 plus covers, charming fireplace, fully equipped bar servery. Second Bar: 165 sqft. Bar counter. Ladies and Gents: W.C 's, fully tiled. Restaurant: 600 sqft. with 50 Covers, charming inglenook fireplace. Spacious Commercial Kitchen: Fitted to a high standard with quality commercial equipment (inventory available) Cellar: Keg storage and refrigeration. Storeroom/Office: OUTSIDE: Large Patio and Trade Garden: with 80 plus covers.

Living accommodation
First Floor Flat comprising: Lounge: Fitted Kitchen/Diner: 3 Double Bedrooms: (One with Shower ensuite) Bathroom: full suite.

Observations
The business is free of Brewery ties.

Tenure
Freehold or New 15 year lease Rent - £35,000 P.A. (5 year reviews)

EPC Rating
Not required

Business rates
£7,769 P.A. (2019/2020)

Property:
Freehold

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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