| (REF: 2548) Busy Public House with Holiday Cottages in Kent |
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| Seller Reference: |
2548 |
| B4S Reference: |
27992 |
| Asking Price: |
£899,950
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| Net Profit: |
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| Sales Revenue: |
£160,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Lynsted, Kent, United Kingdom |
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Preferred Commercial is delighted to offer for sale this busy public house with letting cottages, which dates back to 1600 and which has been in our clients' careful hands since 1998. The pub is only now offered to the market due to our clients' wish to retire. The business generates a turnover in the region of £160,000 per annum with a gross profit of 55%, offering a wide selection of alcohol and quality home prepared food. The business also has 3 x 5-star rated self-contained holiday cottages which are available all year round. We feel the turnover could be increased by extending the range of food available and by embarking on a modest marketing campaign. A website could also be introduced showing location, facilities and menus available. The business has a loyal customer base and enjoys much repeat trade. The premises boast 6-bedroom owners' accommodation over the first and second floors, some of which may be suitable to offer as letting accommodation. There is also a self-contained manager's studio flat with bedroom/lounge. The living accommodation is well decorated and fitted to a high standard. This is an ideal opportunity to acquire an already busy public house with 3-holiday cottages, generous 6-bedroom owners' accommodation and immense scope for future growth and development. Early negotiations with Preferred Commercial must come highly recommended.
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Property: |
Freehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
Substantial detached public house premises with 3-holiday cottages and large car park. Briefly comprising:
Ground Floor
• Lounge bar with exposed timber beams, tables and chairs for up to 40 covers and extensive bar servery
• Commercial kitchen with walk-in pantry
• Ladies and gents WCs with wash hand basins
• Laundry room
• Generator room for power cut emergencies
First Floor
• Function room
• Spacious lounge decorated to a high standard
• Master bedroom with dressing room and en-suite bathroom
• Double bedroom with en-suite shower
• Family bathroom
Second Floor
• Bedroom currently used as an office
• Single bedroom
• 2 x large double bedrooms
• Self-contained manager's bedroom/lounge
• Bathroom with shower, WC and wash hand basin
Basement
• Large beer cellar and store room
• Smaller beer cellar and store room
5-Star Rated Holiday Cottages
• Separate building comprising of 3 - holiday cottages, each with lounge, kitchen, double bedroom and bathroom
External
• Large car park
• Extensive beer garden with children's play area
• Workshop
• Double garage
• Coach house |
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Location: |
The Black Lion occupies substantial detached premises, ideally located on the main road running through the rural village of Lynsted, Kent. The premises benefit from ample private parking and are surrounded by a residential area. The pub occupies a monopoly trading position in the heart of the village and there are a number of bus stops within easy walking distance, while the railway station is less than 2 miles away. Lynsted is surrounded by picturesque countryside and is popular with tourists. The business boasts easy access to the A-road network and the M2, which is less than 6 miles away. Sittingbourne is approximately 4 miles away, while Chatham lies less than 13 miles away. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Mon - Sat: 11:00am to 3:00pm and 6:00pm to 11:00pm
Sun: 12:00am to 3:00pm and 7:00pm to 10:30pm
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