THE HOLE IN THE WALL

VIEWING BY APPOINTMENT ONLY

THE HOLE IN THE WALL

FAVERSHAM KENT

Town centre grade II public house with lots of character
20 year ’Whitbread lease’
Reduced price list
Free of tie guest ale
Free of tie all cider
Free of tie on machines
Pub company will pay first £10k of rent for quick sale
No lease premium

5 Preston Street, Faversham, Kent, ME138NS

LOCATION

The property is located in the centre of the market town of Faversham which is situated to the east of the M2 motorway, and approximately 10 miles north of Canterbury.

TRADING AREAS

• Bar/Snug
A small bar area as you walk in that wolid also be ideal for serving coffees, morning snacks etc.
• Lounge bar/games
A large bar area with pool and darts. Good size for entertainment. Lots of wooden beams and panels.
• Kitchen
A good sized catering kitchen that is not used.
• Cellar
Modern ground floor good sized cellar.
• External
A large sized attractive beer garden. Large enough for outside functions, marquee etc.
• Private
3 bedrooms, lounge, kitchen. There is also a disused attic space that colid be converted.

CURRENT TRADE

Management figures available

ESTIMATED INGOING

Lease, Goodwill & Fixtures and Fittings Free of Charge With a £10k offer towards the first years rent

TYPE OF AGREEMENT

• 20 year Whitbread Lease, commenced 04/05/2001
• Landlord tenant protected, renewable
• Rent advised at £38,750 per annum
• No rpi increases. 3 year reviews
• Reduced beer price
• Free of tie wines, spirits, soft drinks
• Free of tie on machines
• Free of tie for one guest cask ale
• Free of tie on cider

SUMMARY

This is operated under management at present and has not been traded to its true potential and requires a hands on owner operator. The management company has not budgeted for this business for this financial year and in order to promote a quick sale is prepared to exchange the lease for free and will pay £10k towards the first years rent. A great opportunity for the right person.

In the first instance please telephone our Information Desk on 01305 786639.

FURTHER INFORMATION

Personal Licence Training can be supplied by our sister Company The Pubshop Training School Ltd. They offer the GQAL Level 2 National Certificate for Personal Licence Holders (NCPLH) across the UK. They can offer tutor led courses and their Express Home Study course. Examinations can be taken at many venues. They can also be contacted on 01305 786639 or visit their website: www.pubshoptrainingschool.co.uk

The Pubshop Ltd's Licensing Division caters for licensing applications for the Licensing Act 2003.

Please note that you will require the services of a solicitor for the assignment.

All representations made to this Agency from the 'landlord', including all financial considerations, premises, agreements and discounts etc are passed on to the Applicant, with the discretion of the Agent, but no guarantees of accuracy or descriptions of whatever nature are made between the applicant and the Agency.

These particulars are for general outline purposes and do not constitute any part of an offer or contract. No responsibility is taken for any other error, omission or mis-statement in the particulars during negotiations or otherwise or representation or warranty whatever, in relation to the property.

MISREPRESENTATION ACT 1967. PROPERTY MISDESCRIPTIONS ACT 1991. These particulars are provided only as a general outline of the property referred to. Applicants should make their own enquiries and inspection of the property to satisfy themselves as to the accuracy or otherwise of the information given. Other than this general outline neither we nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the property referred to above.

The Friendly Pub People