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DELIGHTFUL AND TRADITIONAL MULTI-FACETED FREEHOLD FREEHOUSE WITH 4 ENSUITE LETTING BEDROOMS FOR SALE AVAILABLE FOR THE 1st TIME IN 8 YEARS SET IN THE MAJOR FERRY PORT TOWN OF DOVER, KENT

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  • Exceptional inn superbly situated in the diversely populated and extremely busy town of Dover.
  • Traditional Cellar Bar (circa 40+) and a multi-functional Restaurant (circa 20+ covers).
  • 4 highly impressive en-suite Letting Bedrooms.
  • 1 bedroom self-contained Owner’s Accommodation.
  • Fully equipped Commercial Catering Kitchen.
  • Enclosed Beer Garden (circa 50+).
  • Advised current turnover circa £365,000 (incl. VAT).
  • Trade split circa 45% wet, 45% food and 10% accommodation. Undoubted massive potential for catering/events orientated operators.
  • Refurbished and modernised throughout with no expense spared yet retaining a wealth of charm and character.
AN EXCITING BUSINESS PROPOSITION WITH AN ENVIABLE LIFESTYLE SET IN THE BEAUTIFUL COUNTY OF KENT OFFERING TREMENDOUS GROWTH POTENTIAL


ASKING PRICE £750,000 FREEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This outstanding business is situated in the highly sought after ferry port of Dover in the beautiful county of Kent being easily reached from junction 13 of the M20 near Folkestone and having excellent road communications providing easy access to the M25, M2, M20, A2 and M23 motorways making this superb location an extremely popular commuter area for the major motorways and the major international airports of Gatwick and Heathrow. Dover is home of the major ferry terminal to Calais and is within close proximity to the Eurotunnel at Folkestone, bringing an abundance of visitors and tourists from France and beyond, all year round! Dover is also situated close to Deal, Ashford, Canterbury, Margate, Herne Bay and many other coastal resorts making this delightful inn ideally situated to draw trade from the nearby surrounding towns and villages with an excellent level of repeat trade and passing trade and also well serviced by local schools, shops and amenities. An enviable place to reside and a compelling trade.

THE PROPERTY

This superb inn is a substantial 3-storey property and occupies an excellent trading position.

Main entrance at the front leading into the lobby with access to the Cellar Bar and the Restaurant.

Cellar Bar (circa 40+) is a traditional and inviting room with a relaxing ambience having a feature brick built return bar servery with a solid polished counter and a back fitting with trade optics and refrigerated bottle coolers (not tested) which is complemented by a good range of loose polished tables, chairs, upholstered pew style seating and upholstered bar stools. Adding to the charm of this room is the feature brick built open fireplace (currently unused), the flagstone flooring, the exposed brick walling and the beamed ceiling. Access to the Beer Garden.

Restaurant (circa 20+ covers) is a multi-functional and versatile room ideal for wakes and private parties etc. The room exudes a lovely warm and welcoming ambience and is well furnished with a good range of polished tables and upholstered chairs. There is also a feature return bar servery. Adding to the charm and character of this room is the lovely panelled walls and panelled ceiling that enhance the classic dining ambience.

Catering facilities include a fully equipped Commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested). There is also a freezer/dry goods storeroom.

Lower Ground Floor Cellar with dray drop, pumps, python, post mix and cooler.

Ladies and Gents W.C.’s.

OWNERS ACCOMMODATION

Self-contained apartment situated on the 3rd floor and briefly comprises: 1 Bedroom with an ensuite Bathroom, Lounge and Kitchen.

LETTING ACCOMMODATION

Offering good sized rooms presented in excellent decorative order, situated on the 1st and 2nd floors and briefly comprises: 4 bedrooms - all with en-suite facilities and a T.V.

EXTERNAL

At the rear there is an enclosed Beer Garden (circa 50+) with timber picnic benches and an additional covered paved patio courtyard with tables and chairs. There is also a seating area at the front with tables and chairs.

TRADING HOURS

We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:

Monday – Saturday – 11.00am – 11.00pm

Sunday – Midday – 10.30pm

The current opening hours are as above.

NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House.

GENERAL REMARKS

The property and business are being offered for sale freehold (although we have not had sight of the title deeds).

We are advised that the inn benefits from all mains services (services not tested). Business rates payable are advised as being circa £0 per annum.

THE BUSINESS

Our vendor client operates this successful business as a ‘sole trader’ on a full time basis with the assistance of 2 full time and 3 part time staff. This extremely busy inn has an excellent reputation for food and accommodation with the trade split being circa 45% wet, 45% food and 10% accommodation and offers tremendous scope for a new hands-on partnership with previous experience of running a food/letting orientated operation enabling them to take this business to greater heights by capitalising on the huge potential by focussing on a strategic marketing campaign via additional online booking agents to further promote the letting accommodation. This certainly is a golden opportunity for those seeking a lifestyle change or an alternative career from the stress and strife of the City or even as an additional income stream whilst commuting.

Advised current turnover circa £365,000+ (incl. VAT). This truly is an incredible opportunity for either an owner operator to continue to build the business or for a commercial investor to enhance their existing portfolio.

This is an extremely well-established and successful multi-faceted business and in our opinion with the above areas of potential we would quite easily expect a fully focussed and fully committed operator to achieve a turnover well in excess of £450,000 (incl. VAT) per annum. The asking price reflects the current trading foundation, the location and quality of fixtures and fitting, and of course not forgetting that this is an extremely substantial freehold property. Accounting information will be made available to interested parties after viewing.

The property was viewed by Martin McConnell who would be delighted to discuss further details and can be contacted on 07970 213549

Viewing appointments must be made via Guy Simmonds on 01332 865112.

Details Prepared: March 2020

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