Attractive Detached Freehold Freehouse With Caravan Park For Sale - Kent, Kent, United Kingdom
 
Advert Ref: H7767
 
 
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Business description
Detached brick built property with Full Gas Fired Central Heating

Car Park for 15 cars and with the advantage of a large free car park opposite

Ground floor SPACIOUS BAR, fully carpeted. Tables and chairs plus bar stools providing seating for 30 persons. Large bar with 10 hand pumps, soft drinks dispenser, glasswasher, 2 double door glass fronted counter fridges, 1 additional small fridge.

ATTRACTIVE & ADJOINING BRICK BUILT CONSERVATORY, fully carpeted providing a RESTAURANT AREA with tables and chairs for 28 persons (can be increased).

To the far end of the bar is a pool table (on rental agreement) plus area for dart board. The business currently has 3 dart teams and 2 pool teams.

Fully tiled ladies' cloakroom with 2 w.c's, wash hand basin, electric hand dryer
Fully tiled gentlemen's cloakroom with w.c. urinal, wash hand basin, electric hand dryer

Commercial kitchen with non-slip floor. The equipment includes stainless steel extractor, 6-burner gas cooker, double deep fryer, fridge/freezer, 2 fridges, commercial dishwasher, double sink and drainer.

Office/passage way with 2 upright deep freezes plus 1 chest deep freeze

Ground floor beer cellar

ADJOINING THE FREEHOUSE & INCLUDED IN THE SALE IS A GRADE II LISTED BUILDING KNOWN AS THE GROTTO, with history dating back to approx. 1840 and now used mainly for storage, however, in our opinion has potential to develop as further private accommodation or possibly 2 letting bedrooms, if desired.
 
Employees: The Freehouse is at present operated by a husband and wife team with the assistance of part time bar staff when required plus 1 part time cook and 1 part time washer-up.
Trading hours: Monday - Saturday inclusive - lunch time - 12 noon - 2.30 p.m. evenings - 7 p.m. - 12 midnight Sunday - 12 noon - 4 p.m. It will be appreciated upon inspection that there is potential for additional opening hours, if desired.
 
Property
Freehold
 
Lease terms
Uniform Business Rates: £4,000 p.a. approx. THIS ATTRACTIVE FREEHOLD FREEHOUSE HAS BEEN IN THE SAME HANDS FOR THE PAST 18 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDORS RETIREMENT. PERSONALLY INSPECTED AND HIGHLY RECOMMENDED MUST BE SEEN TO BE FULLY APPRECIATED
 
Living accomodation
The SPACIOUS private accommodation with FULL GAS FIRED CENTRAL HEATING, comprises: 3 Double Bedrooms Bathroom with bath, separate shower, w.c. and wash hand basin Attractive lounge with ceramic tiled floor
 
Location
Sought after position, near sea front, KENT
 
Expansion potential
WE ARE INFORMED the turnover averages £2,000/£2,400 p.w. in our opinion offering tremendous potential for further increase in the right hands. (We understand included in the turnover is approximately £600 p.w. in respect of catering). Gross profit 55% approx.
 
Reasons for selling
OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £350,000 plus STOCK AT VALUATION SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
 
Financing available?
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
 
 
 
 
 
 
 
Financial Details
Asking price:
£350,000
 
Sales revenue:
£104,000