KENT - CLUB & PREMISES ON 0.31 ACRE PLOT

St. Marys Bay, Romney Marsh, Kent

Ref: 50094

Offers Over £400,000 Freehold

Key Features

  • Residential location in St. Mary's Bay
  • Sizeable detached freehold property on 0.31 acre plot
  • Bar, games room and gym
  • Large three bedroom accommodation
  • Trade garden, yard and car park
  • Suitable for a range of uses (STPP)
  • Location

    The Levin Club is situated in the Kent coastal village of St Mary's Bay. The village is situated on Romney Marsh, midway between New Romney and Dymchurch. The neighbouring towns provide all major amenities including supermarkets, primary schools and secondary schools.

    The village's location on the picturesque Marsh, with its unique landscape of flat reclaimed marshland, offers visitors a chance to explore scenic countryside and nature reserve. The area is home to diverse wildlife and is a paradise for birdwatchers and nature enthusiasts. With its coastal setting, St Mary's Bay offers access to beautiful beaches and neighbouring historic towns, as well as opportunities for water-based activities such as sailing, windsurfing and beachcombing. This predominantly residential area has a relaxed atmosphere, making it a popular destination for those seeking a peaceful escape from bustling city life.

    The Levin Club is a sizeable detached public house of brick construction. It is situated in the heart of a residential area and occupies a plot measuring in the region of 1,258 square metres (0.31 of an acre). The property boasts a footprint of 310 square meters.

    Property

    GROUND FLOOR:
    - BAR: 'U' shaped trade space with carpeted flooring, dartboard and seating for 50-60.
    - CHILDREN'S ROOM.
    - GENTLEMEN'S TOILETS.
    - LADIES' TOILETS.
    - TRADE KITCHEN: With six-burner range cooker, deep fat fryers and plancha grill.
    - OFFICE AREA.
    - ON-LEVEL CELLAR: With Heineken Smart Dispense System.
    - GYM: Separate entrance and a range of professional exercise and weight machines.
    - SHOWER and WC.

    FIRST FLOOR:
    - THREE DOUBLE BEDROOMS.
    - LOUNGE.
    - KITCHEN.
    - BATHROOM.

    EXTERNAL:
    - CAR PARK: With space for 20 vehicles.
    - TRADE PATIO: Covered, heated with seating for 20-30.
    - LAWNED TRADE GARDEN.
    - YARD.

    The Business

    The Levin Club operates as a members only public house/club operating on wet-sales only. Trade profit and loss accounts for the year ended 31st March 2024 show a net turnover of £137,593, generating an adjusted net profit of £22,867. Further accounting details can be made available following a formal viewing.

    Tenure

    FREEHOLD OFFERS IN EXCESS OF £400,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.

    The property is to be sold subject to an overage agreement in favour of the seller, for a term of 20 years. A buyer will be responsible for paying to the seller the sum of £200,000, index linked, if change of use to residential or planning permission for the erection of residential dwellings is obtained.

    No direct approach to be made to the business; please direct all communications through Sidney Phillips.

    Viewing strictly by appointment only.

    Licence

    A full Premises Licence is held.

    Services

    All mains services are connected.
    Local Authority: Folkestone & Hythe District Council
    Rateable value as at 01 April 2023 to present: £14,750

    Planning

    We are of the opinion that subject to obtaining the relevant permissions, the property could suit conversion into a single residential dwelling, or demolition and the erection of up to five town houses similar to those at the rear of the property. Interested parties should make their own enquiries with the Local Authority.

    Enquire about this listing

    Robert Cockayne
    South East & London