KENT - FREE-OF-TIE PUB IN RESIDENTIAL MAIDSTONE

LEASEHOLD NIL PREMIUM 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: £30,000 per annum exclusive of VAT and insurances, paid quarterly in advance. - RENT REVIEW: Subject to rent reviews every fifth year of the term and annual RPI adjustments collared at 2.5%, capped at 5%. - REPAIR LIABILITY: Full repairing and insuring lease. - TIE: Free of all trade ties. - 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 premium, 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 Fox is an end-of-terrace public house of stone construction under a pitched tiled roof, comprising: GROUND FLOOR - BAR: Open plan trade area with carpeted flooring and a central wood built bar servery. Potential to seat 30-40. - GENTLEMEN'S TOILETS - LADIES TOILETS - OFFICE/STORE ROOM - KITCHEN BASEMENT - BOTTLE STORE - STORE - BARREL STORE - CHILLED BARREL ROOM FIRST FLOOR - FOUR DOUBLE BEDROOMS - LIVING ROOM - SHOWER & WC ROOM EXTERNAL - PARKING: For two vehicles. - REAR DECKING AREA: Part-covered. Shed storage. - BEER GARDEN: Brick-built BBQ, potential to seat 70-80. - STORAGE YARD