KENT - SIX BEDROOM PUBLIC HOUSE TO LET
Newington, Sittingbourne, Kent
Ref: 96607
Leasehold Nil Premium
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Key Features
Location
The Bull Inn is situated in the North Kent village of Newington. The village lies between the larger towns of Sittingbourne and Rainham, on the A2 Old Roman Road. It is a short drive from all major amenities in the Medway Towns and Maidstone. The Bull Inn is situated on the High Street/London Road, the main road running through the village.
The village lies a short drive from the A249 and M2 which provides fast road access throughout the county. Newington has its own railway station which is situated on the Chatham Main Line with hourly services to London Victoria and Canterbury, with trains to London Bridge and London Canon Street in peak hours.
The village lies a short drive from the A249 and M2 which provides fast road access throughout the county. Newington has its own railway station which is situated on the Chatham Main Line with hourly services to London Victoria and Canterbury, with trains to London Bridge and London Canon Street in peak hours.
Property
The Bull Inn is a notable roadside public house, understood to date from the 17th century. This Grade II listed property is of brick construction under a pitched tile roof.
TRADE AREAS
- BAR: 'L' shaped trade space with nonslip and tiled flooring. Potential bar servery. Capable of providing seating for 20-30.
- GAMES ROOM: Potential to seat 10-15.
- GARDEN ROOM: Potential to seat 30-40.
- LADIES' TOILETS.
- GENTLEMEN'S TOILETS.
- TRADE KITCHEN.
- BASEMENT CELLAR: With store and chilled barrel room.
OWNERS' ACCOMMODATION
- FOUR DOUBLE BEDROOMS.
- TWO SINGLE BEDROOMS.
- KITCHEN.
- LIVING ROOM.
- BATH AND SHOWER ROOM.
- WC.
EXTERNAL
- BEER GARDEN: Potential to seat 60-80.
- CAR PARK: Space for 20-25 vehicles.
- ENCLOSED TRADE YARD.
TRADE AREAS
- BAR: 'L' shaped trade space with nonslip and tiled flooring. Potential bar servery. Capable of providing seating for 20-30.
- GAMES ROOM: Potential to seat 10-15.
- GARDEN ROOM: Potential to seat 30-40.
- LADIES' TOILETS.
- GENTLEMEN'S TOILETS.
- TRADE KITCHEN.
- BASEMENT CELLAR: With store and chilled barrel room.
OWNERS' ACCOMMODATION
- FOUR DOUBLE BEDROOMS.
- TWO SINGLE BEDROOMS.
- KITCHEN.
- LIVING ROOM.
- BATH AND SHOWER ROOM.
- WC.
EXTERNAL
- BEER GARDEN: Potential to seat 60-80.
- CAR PARK: Space for 20-25 vehicles.
- ENCLOSED TRADE YARD.
The Business
The business has been hitherto let on a traditional Pub Company style lease and therefore no trading accounts are available. Prospective purchasers will need to reach their own conclusion as to the potential trade and profitability which can be enjoyed at this outlet.
Tenure
LEASEHOLD NIL PREMIUM
The fixtures and fittings currently on the premises are under the ownership of the current tenant and are not included.
The Landlord will consider the creation of a new lease agreement on the following terms:
- TERM: For a term of 10 or 15 years.
- LANDLORD & TENANT ACT 1954: Inside Part II Landlord & Tenant Act 1954.
- ASSIGNABILITY: Assignable subject to Landlord's consent.
- BOND: A bond equivalent to 6 months’ rent in advance plus personal guarantors if the lease is taken as a Limited Company.
- RENT: Offers invited, plus VAT and insurances. Paid quarterly in advance.
- RENT REVIEW: Subject to rent reviews every fifth year of the term.
- REPAIR LIABILITY: Full repairing and insuring lease.
- TIE: Free-of-tie.
- INSURANCE: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent.
- VAT: VAT will be payable on rental payments.
All negotiation subject to covenant strength. An incoming party will be required to demonstrate sufficient funds to sustain their business model, and will need to demonstrate ingoing capital to cover the rental deposits, stock, working capital and solicitors fees as a minimum.
Application form and business plan available upon request.
No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.
The fixtures and fittings currently on the premises are under the ownership of the current tenant and are not included.
The Landlord will consider the creation of a new lease agreement on the following terms:
- TERM: For a term of 10 or 15 years.
- LANDLORD & TENANT ACT 1954: Inside Part II Landlord & Tenant Act 1954.
- ASSIGNABILITY: Assignable subject to Landlord's consent.
- BOND: A bond equivalent to 6 months’ rent in advance plus personal guarantors if the lease is taken as a Limited Company.
- RENT: Offers invited, plus VAT and insurances. Paid quarterly in advance.
- RENT REVIEW: Subject to rent reviews every fifth year of the term.
- REPAIR LIABILITY: Full repairing and insuring lease.
- TIE: Free-of-tie.
- INSURANCE: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent.
- VAT: VAT will be payable on rental payments.
All negotiation subject to covenant strength. An incoming party will be required to demonstrate sufficient funds to sustain their business model, and will need to demonstrate ingoing capital to cover the rental deposits, stock, working capital and solicitors fees as a minimum.
Application form and business plan available upon request.
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 permitting the opening hours of:
Monday to Wednesday 11:00-00:00
Thursday to Saturday 11:00-01:00
Sunday 12:00-23:00
Monday to Wednesday 11:00-00:00
Thursday to Saturday 11:00-01:00
Sunday 12:00-23:00
Services
All mains services are connected.
Rateable value: £13,000
Local Authority: Swale Borough Council
Rateable value: £13,000
Local Authority: Swale Borough Council
Downloads
Enquire about this listing
Robert Cockayne
South East & London
Ref: 96607
