For Sale

The Source Bar, 4-6 Rose Yard, Maidstone, ME14 1HN

Overview

Description

Location

Description

-- PRICE REDUCED -- For Sale - Substantial Hospitality / Events / Nightclub Premises in popular Maidstone Town Centre. Currently trading as the Source Bar nightclub which has been operating for approximately 25 years.

The property is located within Rose Yard in the town centre of Maidstone, the county town of Kent. It is located within a two minute walk of Fremlin Walk, the premier shopping destination within Maidstone, and is therefore close to local amenities.

Maidstone has good communications with access to the motorway network via junctions 5, 6 & 7 of the M20, and also benefits from 2 mainline stations that provide regular services to both London Victoria, and high speed services to London St Pancras International via Strood.

The property comprises a substantial two-storey night club facility, comprising two bars on the ground floor and first floor respectively. The premises also benefits from a staff office space on the second floor.

The ground floor can be accessed via two separate entrances, both leading into the main bar which has 4 dedicated servicing areas allowing for up to 6 bar staff. To the rear is a second dance floor and cocktail bar, leading to an external drinking area and DJ booth to the back of the premises. Also on the ground floor are two separate ladies and gents WC facilities, including a disabled WC.

The first floor comprises a lounge bar and a club room, each with their own separate bars and balcony smoking areas. the first floor also benefits from its own WC facilities.

The premises have been measured on a Gross Internal Area (GIA) as follows:

Ground Floor - 3,213 sq ft (298.54 sq m)
First Floor - 2,422 sq ft (225.00 sq m)
Second Floor - 452 sq ft (42.00 sq m)

Total GIA - 6,494 sq ft (603.31 sq m)

Licences
We understand the property benefits from the following Licences;
The property benefits from a 24 Hour Trading Licence
The Venue has a Licence for 600 People
Additional Licence for External Events for 1,300 People

£700,000 for the Freehold

Currently Trading & Fitted Out as The Source Bar Nightclub

Situated in Busy Nightlife Location

24 Hour Trading Licence

Licence for 600 People

Additional Licence for External Events for 1,300 People

Situated in Busy Nightlife Location

Front Forecourt Included