Most Attractive Freehold Detached 16th Century Freehouse, Hotel & Restaurant | | Undisclosed Kent | | Sought after rural location, MAIDSTONE & ASHFORD, KENT | | ADVERT NUMBER : 56439 ADVERT IMPRESSIONS : 24,873 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Hotels | | SALE: | Agent Sale | FREEHOLD: | £1000000 | LEASEHOLD: | £60000 | | | | | BUSINESS DETAILS: | Features : Outstanding opportunity to acquire a most attractive and spacious Country Freehouse & Hotel, which in our opinion has potential to provide a lucrative turnover from nearby Maidstone, Ashford and Leeds Castle.
The property we understand stands in its own grounds of approx. 1.7 acres with ample parking.
Attractive front patio and enclosed rear patio with feature water garden. Lawned area.
GROUND FLOOR ENTRANCE TO SPACIOUS BAR with beamed ceiling, attractive wooden floor, Inglenook fireplace. Tables and chairs providing seating for 30/40 persons.
ENTRANCE TO SPACIOUS RESTAURANT with external doors to rear patio area. The Restaurant is fully carpeted and has quality tables and chairs providing seating for 45 persons.
ADJOINING RESIDENTS LOUNGE with beamed ceiling. Also used as a meeting room and private dining room.
Large commercial kitchen with non-slip floor. Fully equipped including double stainless steel extractor system, 1 large solid top with oven, 1 6-burner gas cooker with double oven, gas double Lincat deep fryer, stainless steel table with heated lamp servery, stainless steel tables, 2 commercial Panosonic microwave ovens, sink and drainer, walk-in coldroom, walk-in deep freeze.
Ladies' cloakroom with 2 w.c's, vanity unit with electric hand dryer Gentlemen's cloakroom with w.c. urinal, wash hand basin, electric hand dryer
Large basement with spacious cool beer cellar Second basement used for storage purposes
LETTING ACCOMMODATION
Ground Floor Reception area with office
The main letting accommodation comprises a rear extension we understand built in the 1980's. All the letting bedrooms are very spacious.
Ground Floor
5 letting rooms 1 spacious double room with 4-poster bed and en suite bathroom with bath, shower over bath, w.c. and wash hand basin 2 additional double bedrooms each with en suite bathroom with bath, shower over bath, w.c. and wash hand basin 1 twin bedroom with en suite bathroom with bath, w.c. and wash hand basin 1 family bedroom comprising 1 double and 2 single beds with en suite bathroom with bath, w.c. and wash hand basin
All the bedrooms are fully carpeted and fully furnished Second Floor additional 5 letting bedrooms comprising:
2 family bedrooms each with 1 double and 2 single beds each with en suite bathroom with bath, shower over bath, w.c. and wash hand basin 2 additional double bedrooms each with en suite bathroom with bath, shower over bath, w.c. and wash hand basin 1 twin bedroom with en suite bathroom with bath, w.c. and wash hand basin
From the ground floor there is an additional staircase to further accommodation situated over the main building and comprising:
3 additional double bedrooms each with en suite shower room with shower, w.c. and wash hand basin plus 2 further double bedrooms each with en suite bathroom with bath, w.c. and wash hand basin
In addition there is a further 3 bedrooms comprising 2 doubles and 1 single bedroom with shared bathroom with bath, w.c. and wash hand basin.
It will be appreciated upon inspection that the accommodation situated on the first floor over the main building readily be converted into additional letting accommodation, if desired.
Location : Sought after rural location, MAIDSTONE & ASHFORD, KENT
Opening Hours : At present closed on Monday Tuesday - Friday inclusive - 12 noon - 3 p.m. & 6 p.m. - 11 p.m. Saturday - 11 a.m. - 11 p.m. Sunday - 12 noon - 5 p.m.
Turnover : WE ARE INFORMED the turnover averages £2,000 p.w. at present operated on a low key basis and in our opinion offering tremendous potential for further increase in the right hands.
Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at an initial rental of £57,500 p.a. exclusive of rates, linked to annual price increase each year.
Uniform Business Rates: £12,000 p.a.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS £60,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS in excess of £1,000,000 subject to contract SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Outside : Attractive and spacious rear courtyard with feature water garden. Large lawned area (in our opinion having potential for Marquees for functions). Ample parking for approx. 80 cars
Staff : Operated by manager and wife plus 1 barman | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |