The Bell Inn Iden, Rye, East Sussex, TN31 7PU
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The Bell Inn Iden, Rye, East Sussex, TN31 7PU • Located in picturesque Iden, near Rye • Notable period property in heart of the village • Bar, snug & restaurant (65) • Three bedroom accommodation • Two gardens (80-90) & car park (15) • Popular business in continual growth Freehold £650,000 RCO/87495/44162 01981 250333 LOCATION The Bell Inn is located in the charming and picturesque East Sussex Village of Iden in the High Weald, an Area of Outstanding Natural Neauty. Iden lies approximately 9 miles south of Tenterden, and 2 miles north of the historic citadel town of Rye, on the East Sussex and Kent border. Rye is one of the largest tourist destinations in East Sussex and houses a number of historic attractions including Rye Castle, Rye Harbour, Camber Sands, Camber Castle and Pontins Holiday Camp. Iden boasts an idyllic countryside setting and benefits from local amenities including a village shop and post office. Iden is situated along the B2084 Wittersham/Iden Road which connects Rye to Tenterden. Also located nearby is the A259 trunk road which provides fast road access from the M20 through Kent and East Sussex to Hastings. Mainline railway services are available from Rye providing trains to Hastings and Brighton, as well as services to Ashford International in under 25 minutes, which provides high speed services to central London. The Bell Inn occupies a notable detached Grade II Listed public house of brick construction under a pitched tiled roof with tile hung elevations. This charming two-storey property is understood to date back to the seventeenth century, however can be traced as far back as 1107. The property has been well maintained and is presented to a high standard throughout. PROPERTY GROUND FLOOR Entrance via lobby to front of property directly into bar. This traditional bar area is presented with carpeted flooring, brick built fireplace and centralised bar servery. The servery houses double drinks fridge, glass washer, ice machine and Epos till system. The bar houses a pool table and darts board and provides seating for 14 with room for a further 6 sat at the bar. Descending from the bar is access to the snug area, a comfortable carpeted trade space boasting an Inglenook fireplace with log burner. The snug provides seating for 15. Offset from the snug there is a bright and deceptively spacious restaurant area presented with stripped wood flooring and exposed beams. The restaurant provides seating for 30 and provides patio door access to the rear trade garden. To the front of the property there are male WCs and female WCs with baby changing facilities. Centrally located within the property there is a waiter area which houses an upright fridge, coffee machine and coffee grinder. This in turn provides access to the trade kitchen which is fully equipped with non-slip flooring, extractor, double deep fat fryer, six burner range cooker, salamander, hot pass, under counter fridges and commercial dishwasher. Offset is a pantry area housing 2 upright fridges. The property is serviced by a basement cellar with delivery drop to the front of the building. FIRST FLOOR Private owners accommodation comprising of landing, living room, office, laundry room, bathroom with additional shower and 3 double bedrooms. EXTERIOR To the front of the property there is a tarmacked car park which provides space for 15 vehicles and has Tesla charging stations. To the side of the property there is a lawned trade garden with 8 picnic benches. To the rear of the building there is a patio and garden area housing 7 picnic benches. This area also boasts a petanque pitch. Furthermore there is a rear trade yard with storage areas. LETTING ACCOMMODATION Located within the rear trade garden there is a brick built outbuilding with tiled roof that plays host to well appointed 2 letting rooms. These well appointed letting rooms boast vaulted ceilings as well as en-suite shower facilities. THE BUSINESS The Bell Inn is a traditional and welcoming public house located in the heart of the village, and as a result benefits greatly from local trade. Being located on an arterial road into the touristic town of Rye they benefit from regular passing trade as well as visitors to the area utilising the letting bedrooms. The letting accommodation is a great additional income stream, which in turn feed trade into the bar and restaurant figures. It is our understanding that net turnover currently stands in the region of £240,000 per annum, split 60% to wet sales, 30% to dry sales and 10% to accommodation. Further accounting detail will be made available to serious parties following a formal viewing. We are of the opinion that The Bell Inn would suit a ‘hands on’ owner/operator who could continue to draw in trade from the local community as well as further increasing occupancy on the letting bedrooms. TENURE & PRICE FREEHOLD £650,000 to include fixtures, fittings and goodwill. Stock at valuation in addition. The property is currently leased on a full lease agreement, however this will be surrendered prior to completion and sold with vacant possession. It should be noted that the electrical sub-station located next to the car park produces a rental income of £30 per annum, on an agreement expiring 2023. No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only. LICENCE SERVICES A full Premises Licence is held permitting Mains, water, drainage and electricity. Gas via LPG. the sale of alcohol by retail: Monday to Saturday 10:00–23:00 Rateable Value: £11,100 and is therefor exempt from Sunday 10:00-22:30. business rates. Map Data @ 2019 Google BUSINESS MORTGAGES – 01834 849795 We can help with arranging funding for your purchase of this or any other business. INNPLAN INSURANCE – 01432 378696 Immediate and competitive cover for your property, business and contents UTILITY HELPLINE – 01432 378690 Some of our clients have saved as much as 46% off their gas and electricity bills with our impartial price comparisons EPC Reference: 0240-9989-0322-9300-5050 Tel: 01892 725900 CONSUMER PROTECTION FOR UNFAIR TRADING REGULATIONS 2008 & BUSINESS PROTECTION FROM MISLEADING MARKETING REGULATIONS 2008 – These particulars are provided only as a general outline of Email: [email protected] the property and buyers should make their own enquiries to satisfy themselves as to the accuracy of the information given. Neither we nor any person in our employment has authority to make, give or imply any representation or warranty regarding this property. Room sizes and other measurements and capacities quoted are estimates for rough guidance only. Accurate measurements have not been taken. Sidney Phillips Limited, Shepherds Meadow, Eaton Bishop. Hereford, HR2 9UA Registered in England and Wales: No. 2362635 www.sidneyphillips.co.ukwww.sidneyphillips.co.uk .