Thriving Public House In Broadstairs Kent For Sale

Business description

We are pleased to offer for sale this thriving public house, which was established in 1926 and which has been in our client's careful hands since 2001. The pub is only now offered to the market due to our client's other business interests. The business trades 7 days a week and generates a turnover in the region of £400,000 per annum with a gross profit of 55%. Barnaby Rudge offers an extensive range of real ales, fine wines and spirits. We feel the turnover could be further increased by embarking on a modest marketing campaign and possibly introducing food trade. The pub also hosts regular live music, shows live televised sports and is home to the Barnaby Rudge Golf Society. This sports bar has a loyal customer base and receives much repeat trade. There is a website in place advertising the pub, facilities and the regular music and sports events. The premises are well-equipped to suit the trade and have been finished to a high standard throughout. There is also 3-bedroom owners' accommodation with lounge, kitchen and bathroom. This is an ideal opportunity to acquire an already busy public house with huge scope for future growth. Early negotiations with us must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Original length: 21 years
Remaining: 12 years
Review: every 5 years
Rent: £680 per week

Location:

Barnaby Rudge occupies substantial 2-storey corner premises, ideally located in the town centre of Broadstairs, Kent. The premises are surrounded by wealth of complementary shops, businesses and amenities. There are excellent public transport links in the area with numerous bus stops and the railway station within easy walking distance. There are a number of attractions close by, including Dickens House Museum, the Crampton Tower Museum and miles of sandy beaches and white cliffs. Broadstairs is a popular tourist destination on the Isle of Thanet and is often referred to as the 'Jewel in Tharnet's Crown'. Margate lies 3 miles away, while Ramsgate lies approximately 5 miles away. The business boasts easy access to the A-road network and the M2 motorway is 25 miles to the west.

Premises details:

Substantial 2-storey corner public house premises with 3-bedroom owners' accommodation. Briefly comprising:

Lower Ground Floor
• Large refrigerated beer cellar, recently refurbished
• Laundry/Utility room
• Office
• Storage room

Ground Floor
• Large open plan bar area with 2 x projector screens, 4 x TVs and games area with pool table
• Conservatory with comfortable seating
• Ladies and gents WCs
• Commercial kitchen, extensively equipped

First Floor
• Master bedroom
• 2 x double bedrooms
• Lounge
• Kitchen
• Bathroom

External
• Smoking area to rear yard

Business Operation

Trading hours:

Mon - Thurs: 5:00pm to 12:00am
Fri: 3:00pm to 1:00am
Sat - Sun: 12:00pm to 1:00am