A profitable riverside public house in Kent is being marketed for sale by specialist licensed property advisers Sidney Phillips.
The Riverside Inn is located in a residential area within the large town area of Ashford which has long been a business and communications hub centred on the meeting point of 5 railway lines, on the banks of the River Stour. The town boasts a population in the region of 75,000 and is popular with shoppers visiting the County Square shopping centre as well as the Ashford Designer Outlet which is situated opposite the Riverside Inn. The area is currently undergoing a major development programme which will see up to 8,000 new homes, schools and shops being built on the town’s peripheral fringes, including in the area immediately surrounding the business.
The Riverside Inn is located at the end of Torrington Road, a short walk from the train station and other local communities. The property comprises of a bar (15), restaurant (32), three bedroom owners accommodation, large trade garden (40-60), as well as a permanent marque with decking and heaters providing additional restaurant space for 60 covers. The marquee area is also used as additional restaurant space allowing for ample social distancing as well as an events area for accommodating christenings, wedding receptions and wakes.
Robert Cockayne of the London & South East office, commented: “The Riverside Inn is a very popular and successful pub business which not only caters for residents living within the immediate vicinity, but is also known as a destination venue. The business trades well and shows strong profits, an ideal purchase for any hands-on owner or investor”.
The leasehold interest of the Riverside Inn is available off an asking price of £80,000.
For further information about this business for sale and other pubs for sale, please contact Sidney Phillips on 01892 725900, by email (southeast@sidneyphillips.co.uk) or click here for more details.