Commercial property for sale in Kent, England

Restaurant for sale

Restaurant for sale
For Sale
Kent, GB
The Old Bank, 8 Market Square, Westerham, TN16 1AW
0 m²
commercial
2026-04-19

Price

€125,000

Description

DescriptionThe Old Bank is a celebrated restaurant that offers contemporary, seasonal British cuisine influenced by French techniques. The restaurant has earned accolades such as being featured in the Michelin Guide and holding 2 AA rosettes. LocationNestled in the heart of the Sevenoaks District, Westerham is a quintessential English town brimming with history, beauty and community spirit, located 3.4 miles east of Oxted and 6 miles west of Sevenoaks adjacent to the Kent border with both Greater London and Surrey. Internal DetailsImposing high ceilings, large sash windows and wood flooring, bar area, 30 cover air-conditioned restaurant with 12 cover Chef's Table overlooking an open kitchen, disabled WC. High specification commercial kitchen with full extraction, preparation area and pot wash area. Basement vault, wine room, customer toilets, storage rooms. Fixtures & FittingsAll fixtures and fittings are to be included in the sale. However, any items that are owned by a third party or personal to our clients will be exempt. External DetailsRear walk-in cold store, fridge, storage shed, bin store. Front on-street parking. The OpportunityThe Old Bank presents a fantastic opportunity to grow this relaxed and elegant dining business further, as it is currently only trading 4 days a week. StaffThe business is currently operated by the owners, along with a mixture of full and part time staff. Trading InformationNet turnover to year 1 August 2024 was £613,460 with a 65.3% gross profit. Full trading information will be made available following a formal viewing. Trading HoursWednesday: 12–3 pm, 6:30–10 pm Thursday: 12–3 pm, 6:30–10 pm Friday: 12–3 pm, 6:30–10 pm Saturday: 12–3 pm, 6:30–10 pm Business RatesCurrent rateable value (1 April 2023 to present) £29,750. This is the rateable value for the property. It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill. RegulatoryPremises Licence. Energy Performance Certificates EPC 1

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Est. Monthly Payment

421.60

Commercial property for sale in Kent, England - N3114355