The property is located in a small commercial courtyard just off The Green in the centre of this popular town on the Kent borders famous for its good choice of restaurants and quality furniture and clothing shops. There is parking in Market Square, around The Green and the off street car park immediately adjoining The Courtyard.
Westerham is an historic & affluent former market town with a population of approximately 5,000, situated on the A25 approximately midway between the larger towns of Sevenoaks and Oxted.
KEY FEATURES
- Town Centre location
- Affluent Historic former Market Town
- Attractive Courtyard Setting
The property forms part of a period building and is arranged with trading on two levels with additional seating in The Courtyard.
PROPERTY DETAILS
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Ground and First Floor
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509 sq ft
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(47.29 m2)
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ACCOMMODATION
The approximate floor areas, measured on a net internal basis are:
Ground Floor
Sales/wine bar: 263 sq ft (24.43 m2)
Kitchen: 56 sq ft (5.20 m2)
First Floor
Sales/wine bar: 190 sq ft (17.65 m2)
Total: 509 sq ft (47.28 m2)
THE BUSINESS
The Wine Bar has the benefit of a full on licence and currently trades from 6pm-1.30pm, Wednesday – Saturday. Current turnover is in the region of £100,000 per annum.
TERMS
Offers in the order of £25,000 are invited for the business together with the benefit of the above lease and all fixtures and fittings subject to contract and VAT (if applicable) with stock at valuation.
EPC
Where an EPC is not displayed with the marketing details for the subject property, please contact the agent to confirm the current status.
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Ground and First Floor
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£POA
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Lease
The bar is held by way of an existing lease which expires in 2018 at a rent of £14,000 per annum subject to a review in 2013.
Business Rates
Rateable Value: £11,000
Rates Payable: £4,950 (2012/13)
Interested parties should verify these figures with Sevenoaks District Council Business Rates Department on 01732 227000. Transitional Phasing may apply.
VAT
VAT will be applicable on the terms quoted.
Legal Fees
The purchaser to be responsible for both parties’ reasonable legal costs incurred in this transaction.
Viewing Arrangements
Strictly via prior appointment through Agents Graves Jenkins