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COMMUNITY PUBLIC HOUSE

Price:
Leasehold - £57,500
Seller Ref:
0391N
Location:

Kent , TONBRIDGE

Business Type:

Pubs

See Other:
Public houses for sale in Kent
Pubs for sale in Kent
Description:
THE BUSINESS:
ASKING PRICE REDUCED FROM £68K TO £57,500 Popular locals end of terrace public house with split level main bar areas, wood burner, horseshoe-shaped servery, raised restaurant area with vaulted ceiling and covers for 25, first floor commercial kitchen with dumb waiter, raised decked patio for 20 covers. Manager's flat. 5 year renewable Enterprise Inns lease from 3rd December 2009. Rent £25,000 per annum + RPI. Partial tie. 93% wet trade. Open mic' nights and themed acoustic sessions, comedy nights, fish & chip nights, and every Saturday is steak night.
Location Details:
Located in St Stephen's Street, which runs between Pembury Road and Priory Road, and within a short walk from the mainline station.
Lease Terms:
The premises are held under a 5 year lease which commenced on 3rd December 2009. The rent of £25,000 per annum is subject to annual indexation and open market review on 2nd December 2014. The lease provides for a beer, cider and FABs tie only to the nominated suppliers of Enterprise Inns. The Landlords will require a Security Deposit equivalent to three months rent.
Trading Hours:
08:00 TO 01:00 DAILY
Accommodation:
Private - First Floor Living Room, Bathroom, Second Floor Double Eaves Bedroom, Separate WC.
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