Property description
Banks Bar is one of Maidstone's premier venues right in the heart of town. The character bar and restaurant areas offer a comfortable environment and the trade has built up for the current owners over an eleven year period and a reputation as a good place to visit is being enjoyed. The property has a Premises Licence but prospective purchasers are advised to take appropriate specialist advice as a premises supervisor must hold a Personal Licence. Accounting information will be provided following a formal viewing. There are also two apartments included with the sale, both two bedrooms. One is accessed via the business, the other has independent access and is currently let out at £500pcm. The larger garden area is leased at £1,000pcm and is held under a 5 year lease. Serious enquirers are invited to make an appointment to discuss in further detail and inspect the premises by calling 01622 686 686.
Location Maidstone town centre is ranked in the top five shopping centres in the south east of England and with more than one million square feet of retail floor space, in the top 50 in the UK. Much of this space is provided by the two main shopping centres in the town, the Mall plus the Fremlin Walk, which opened in 2006. Other recent developments include the riverside Lockmeadow Centre, which includes a multiplex cinema, restaurants and nightclubs as well as the town's market. The town centre also includes a bowling alley and a number of pubs, clubs and restaurants. Local train services in Maidstone are operated by South Eastern rail. Maidstone East, Maidstone West and Maidstone Barracks are the three stations in the central area of Maidstone. The Maidstone East Line runs between Ashford to London Victoria. Maidstone West has four High Speed Rail Link trains run each way per day operating between Maidstone West and St Pancras via Strood and Gravesend. Trains from here also run to Paddock Wood.
Outside Patio/garden area with ladies and gents wc's. Leased seperately
Tenure Freehold with the larger garden area held under a 5 year lease at a rent of £1000pcm.
Local Authority Maidstone Borough Council
Council tax/business rates The business rateable value is £31,000 and the current rates payable is £14,235pa. The Council is due to assess the Council Tax for the apartments and we believe that the likely tax band would be B.
Property Features :
- REPUTABLE NIGHT SPOT WITH MORE POTENTIAL
- 2 SEPERATE APARTMENTS
- TOWN CENTRE LOCATION
- PERIOD BUILDING WITH FEATURES
- VIEWING VIA APPOINTMENT ONLY
Property Info: