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HIGHLY RECOMMENDED ** LEASEHOLD SALE ** SOLE AGENCY ** | ||
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**FREE
OF ALL TIES** THE EIGHT BELLS PH. THE MOOR, HAWKSHURST, KENT. TN18 4NX |
Location: Highly recommended prominent and attractive large spacious detached venue in an excellent trading position fairly described as being in good order, situated on the main A229 through the affluent village of The Moor, just south of Hawkhurst. Facing the village green these premises have little local competition and currently boasts the support of 2 dart teams, pool team, 3 football teams and a cricket team, premises offer the purchaser potential to further establish the catering trade. Early discreet public area viewing is recommended. Best approached via Hawkhurst following the main A229 or via the A21 main Hastings Road turning on to the A229 just north of Hurst Green. Trade areas: Main central front entrances to two separate bar areas, the right hand bar lends itself to being described as a snug bar with a character 'cosy feel' enhanced by complementary furnishings and bric-a-brac, the larger extended second left hand bar has more of a family feel with large screen plasma TV, darts throw, and pool table, again this bar is complemented by traditional furnishings with rear access to a designated external covered and illuminated smoking area. Central fully equipped and easily supervised servery services both bars. To the right and off the smaller bar arched access to attractive and well presented separate dedicated restaurant dining area with some 40 + covers, the restaurant is serviced by a very well equipped and large trade kitchen which is fully fitted with a wealth of stainless steel catering equipment and requires little (if any) investment. Access off kitchen to bottle storage area and refrigerated basement beer cellar. Rear passage off the bars gives access to internal Ladies and Gents WCs complete with disabled facilities, further public access to large fully carpeted (Approx 700sq ft) function room situated on the first floor. Public areas are fully alarmed. Full GFCH is fitted throughout the premises; all main utility services are connected Externally: From rear passage / left hand bar to good-sized car park with triple integrated detached garages, rear enclosed kitchen / PH stores. Attractive illuminated fully fenced trade garden with a comfortable number of picnic benches together with children's adventure play equipment. Private Accommodation: In good decorative order, and consists of: First floor: Master bedroom with en-suite shower room, 4 standard bedrooms, 2 bathrooms, office and lounge. Second Floor: 2 further bedrooms. Trade: Latest accounts (2008) indicate yearly turnover of £319,218.00. (Net of VAT) with a current split of 10% dry and 90% wet, the turnover includes 33% AWP machine profit share at an average of £120.00 weekly (Net of VAT) as paid to the lessee. Premises are free of all ties with a resultant high GP on combined sales advised at 63%. Full accounts will be made available to serious enquirers. Tenure: 15 years fully assignable lease remaining on an original Wellington Pub Co full repairing and fully Insuring Lease. Free of all ties 33% machine income profit share is paid to the Lessee Rent: Currently £50,000.pa. Including insurance (net of VAT), next review due November 2013. and five yearly thereafter. Rates: We are advised the current net business rates payable are £7,750.00.pa. Licence: Permitted and currently trading 11am to 11.30pm Monday - Thursday, 11am to 1am Friday - Saturday, Sunday 12 noon to 11.00pm. (Provision for live music). Price: Vendors are open to all serious offers via the agency. For the unexpired lease to include extensive trade inventory, plus stock and glassware at completion, additional funding will be required for some advance rent and legal fees. (Finance is available, subject to status). Viewing: Discreet viewing of the public areas during normal hours, arrangements to view the accommodation is strictly by appointment through the agency on 01634 254408 The Agency has prepared the details on information received and believes the details to be correct and verified by the agency as far as it is possible to do so thus complying with the Misrepresentation Act 1967. |