Very Well Maintained Town Centre Public House For Sale

Business description

Very well maintained public house in Sittingbourne town centre. Trade areas comprise open plan bar with centrally located servery, function room/restaurant, customer toilets, catering kitchen and basement cellarage. Living accommodation on first floor with four bedrooms, bathroom, lounge, utility area. To the outside is an enclosed courtyard to the rear with a smoking shelter. The Lease is partially tied; current rent £38,500 pa

Property information

Property:

Leasehold

Lease terms:

The property is held under the terms of a 20 year Lease granted in 2004 by Unique Pub Company. The current rent passing is £38,500 per annum with the next review due on 01 March 2014. The pub is tied for draught beers and ciders, bottled beers and ciders only. The Lease is free of tie on machines. Volume related discounts are paid for each barrel sold in excess of 150 brewers barrels.

Leasehold rent:

£38,500 per annum

Living accommodation:

First Floor - Fully fitted, modern domestic kitchen with sink unit and hob and oven. Bedroom 1, recently redecorated, with double glazed windows. Main bedroom, double sized, with laminate flooring, large main lounge with fireplace. Balcony across front of property, accessed from lounge. Bedroom 3/office, double glazed. Bedroom 4, double, with sliding door wardrobes. Bathroom with bath, WC, shower cubicle. Utility area with plumbing for washing machine and tumble dryer, two separate gas boilers. There is a large attic area for storage.

Location:

Ypres Tavern is situated in Sittingbourne town centre in West Street within the main retail centre of this North Kent town. Sittingbourne is situated just off the M2 motorway, has extensive trading and industrial estates and historic links to the paper making industry. The town is also served well by a mainline railway station.

Premises details:

Ypres Tavern is a very well maintained, semi detached property with accommodation at basement, ground and first floor levels. It is believed to date from the 1860s and has been extended and modernised in recent years. Of traditional brick construction under a pitched slate roof, the property has been utilised as a pub since its construction. The pub is noted for its hanging basket displays through the summer months a noted feature which commenced in the 1980s. To the rear of the property there are two parking spaces for the licensee.

Business Operation

Trading hours:

The pub currently operates 7 days a week opening from 10am until 11pm on Tuesdays, Wednesdays and Thursdays, from 10am to late Fridays and Saturdays, from midday to 10.30pm Sundays and from 10am to 10pm on Mondays.