Business Summary

Business History Platinum R&C Properties is pleased to offer for sale this thriving public house, which was established in 1926 and which has been in our client's careful ownership 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 £155,000-£175,000,00 per annum with a gross profit of 50%. Barnaby Rudge offers an extensive range of real ales, wines and spirits. We feel the turnover could be increased considerably by embarking on a marketing campaign with the introduction of an extensive traditional pub menu, or the Introduction of Thai, Indian or other type of cuisines . 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 good 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. The key to this property is it's location, central to Broadstairs Village, and just 100 yards from the busy Broadstairs Beach. Financial Details T/O: £155,000 +approx. GP: 55%

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

Accommodation Details Substantial 2-storey corner public house premises with 3-bedroom owners' accommodation. Briefly comprising: Lower Ground Floor • Large refrigerated beer cellar, and storage areas • Laundry/ Utility room • Office • Storage room

Ground Floor • Large open plan bar area with 2 x projector screens, 4 x Flat screen TVs and games area with pool table • Conservatory with soft and cushioned seating • Ladies and gents WCs • Commercial kitchen, extensively equipped (on 1st Floor, but accessed via Lift to Kitchen)

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

External • Smoking area to rear yard

Tenure Leasehold Original length: 21 years Remaining: 11 years Review: every 5 years Rent: £25,000.00 per annum

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

Property Details