Public Houses for sale in Aylesford

View the "LIFESTYLE PUBLIC HOUSE /RESTAURANT WITH ACCOMMODATION AYLESFORD, KENT" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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David Binder (Nov 2017)
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Leasehold Price: £79,995 Annual Turnover: £270,000 Annual Net Profit: £55,000
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Business Description
THE OPPORTUNITY
ETS Corporate are pleased to place on the market this excellent lifestyle public house and restaurant opportunity situated in Aylesford Kent. The business was established in 1826 and the current owners have been there for 9 years. The premises are very spacious, and the restaurant area is let out to a very popular and thriving Indian restaurant. The owner’s accommodation includes 3 bedrooms, an office, kitchen and garden. The rent is £55,200 as the Owner is only tied for barrels only. The Owner works full-time with 5 part-time staff.

Full information including photos, and videos of the premises and an interview with the Owner are available on the following links:

• https://youtu.be/tTaRRPBq_es

• https://youtu.be/POUu29xd-dk

The turnover is in excess of £270,000 on wet sales only with an additional rental income of £16,800 coming from the restaurant. The wages are around £40,000 pa, so the income to a hands on Owner couple would be in excess of £55,000. The Accounts are available when an NDA is signed. Please go to https://www.ets-corporate.com/nda

LOCATION
The public house is situated in Aylesford in Kent and offers an exceptional lifestyle opportunity. The business lies close to a beautiful lake which is used for fishing and diving and this attracts lots of passing trade. It is on a busy main arterial road, and close to 3 industrial estates. The local train station is also very close by with a regular service to Charing Cross and Maidstone. The pub is surrounded by a residential area and is only 2 minutes away from the M20.

BUSINESS DETAILS
This very well presented, lifestyle opportunity has been established since 1826, with the present Owners having been there 9 years. The sale is due to the Owner now wanting to pursue other opportunities.

This traditional local pub has a loyal following and around 70% of trade is from regulars. The restaurant, which has been established for over 5 years, enjoys an excellent trade and has a 4 star rating for TripAdvisor (https://goo.gl/5Tg9DK) and 4.2 rating for Google reviews (https://goo.gl/n6gBHv)

They also do a quiz night and offer televised sports events. The business is operated by the Owner full time along with 5 staff. There is lots of potential to increase the turnover and profits of the business.

TRADING HOURS
Monday 3.00 pm – 11:30 pm
Tuesday 3.00 pm – 11:30 pm
Wednesday 3.00 pm – 11:30 pm
Thursday 3.00 pm – 11:30 pm
Friday 12.00 pm – 01:00 am
Saturday 12.00 pm – 01:00 am
Sunday 12.00 pm – 11:30 pm

FINANCIAL DETAILS
The annual recorded turnover has consistently been around £270,000 not including the rental from the restaurant which is £16,800 pa. The net profit to a hands on couple owning the business would be in excess of £55,000, as the wages for staffing are around £40,000 pa. Full accounts will be made available once an NDA is signed. Please go to the link https://www.ets-corporate.com/nda where this document is available.

PROPERTY DETAILS
The premises are very well presented, and the ground floor consists of a large bar area with a capacity of 120. There are 16 covers within the restaurant area, but food is allowed throughout the bar area. There is also a very large and well equipped kitchen, and the cellar and cold room are to the rear.

Further to the rear there is outside seating, a beer garden and parking for up to 15 vehicles. There is also a private garden for the Owner which is used for storage.

Upstairs there is the Owners accommodation consisting of 3 bedrooms, a kitchen, an office, a lounge and Owners garden. A video of the premises is available on https://youtu.be/POUu29xd-dk

TENURE
The lease was originally for 15 years with 6 years remaining. The rent is £55,400 with a tie for barrels only.

Ref: 13350
Price: £79,995

Disclaimer
These details do not constitute part of an offer or contract. The statements and descriptions given are made without warranties by Enthuse Transformations Ltd (Trading as ETS Corporate). The information contained herein has not been verified by Enthuse Transformations Ltd; complaints regarding the accuracy of the information contained herein will not be acknowledged. Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations, figures and information given on behalf of the seller. Furthermore, any representations made by any representative of Enthuse Transformations Ltd regarding this business are subject to verification and should be independently corroborated.
Trading Hours:
Monday 3.00 pm – 11:30 pm
Tuesday 3.00 pm – 11:30 pm
Wednesday 3.00 pm – 11:30 pm
Thursday 3.00 pm – 11:30 pm
Friday 12.00 pm – 01:00 am
Saturday 12.00 pm – 01:00 am
Sunday 12.00 pm – 11:30 pm

Tenure: Leasehold

Support & Training: Available

Leasehold Term:
The lease was originally for 15 years with 6 years remaining. The rent is £55,400 with a tie for barrels only.

Website:

Listed by: ETS Corporate

Find out more about this business opportunity.

 
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13350
Seller Reference:
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