Public Houses for sale in Maidstone

View the "KENT - PROFITABLE LOCAL PUB" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

KENT - PROFITABLE LOCAL PUB

Maidstone, Kent, England

  • Price: £30,000
Seller Reference: 86098
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Business Description
 
 
 
 
 
 
 
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Seller Reference: 86098
Request Details
Business Description
Located in densely populated area of Maidstone
Deceptively spacious end of terrace public house
Horseshoe bar area (20-40)
Function room & courtyard to rear
3 bedroom accommodation
Consistent trade with strong profits

TENANCY £30,000 to include goodwill. Stock at valuation in addition.
A new free-of-tie tenancy agreement:
- Fully repairing and insuring tenancy agreement
- For a term of up to 7 years
- Inside Part II Landlord & Tenant Act 1954
- 3 month rental deposit in advance, plus personal guarantors if the lease were taken as a Limited Company, or alternatively a higher rental deposit figure between 6 and 12 months
- Annual rent £22,000, to include rental of existing trade fixtures & fittings.
- Rent paid quarterly or monthly in advance
- Subject to rent reviews of a frequency to be agreed dependant on the length of term
- Suitable insurance to be in place prior to exchange of contracts
Is accommodation included?:
Yes
Listed by:
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