A fully fitted and operational bar, located within the upper colonnade on The Pantiles, and arranged over ground and lower ground floors. The Wine Rooms hold regular events, including wine tasting, music evenings and corporate entertaining, as well benefiting from the weekly “Jazz on The Pantiles”. Currently the premises opens Thursday through to Saturday from 4pm to 11pm.
The ground floor comprises the principal bar area as a focal point along with table seating. There is a food preparation room and WC to the rear. There are around 30 covers on this floor.
Integral stairs lead to the lower ground floor which comprises two private function rooms with the wine cellar area as the central feature. There is another WC on this floor. There are a further 20 covers here.
Immediately beyond the colonnade is an outside area used by the current owners under license, and which is subject to an additional annual payment. We believe it is possible to have a further 25 covers in this area.
The premises is held by way of a lease for a period of 10 years from 17th June 2019.
The current annual rent is £24,000 exclusive of all other outgoings.
There is an option to determine the lease on 17th June 2024, by providing 6 months’ notice.
There is a rent review provision on 17th June 2024.
Offers are invited in the region of £115,000 for the leasehold interest, to include the going concern, and the fixtures and fittings. The last 3 years profit & loss accounts and an inventory are available on request.
Stock is available separately at valuation.
The current rateable value is £19,250. Interested parties are advised to contact Tunbridge Wells Borough Council to confirm the amount payable for the year – 01892 526121.
