King William IV
87 Hastings Road, Pembury, Tunbridge Wells, Kent, TN2 4JS
The King William IV has really attractive kerb appeal which encourages passers by and occasional trade. A simple small menu will work well.
The King William is a roomy and welcoming village local, dog and family friendly complemented by large front and rear gardens. Applicants will need to understand the local competition and market place this pub operates in.
The front of the King William IV has an inviting garden. The rear of the pub has a covered smoking area that leads on to another largel garden ideal for families, beer festivals and events. On entering, the bar area is large and spacious. There is a variety of seating to suit everyone and people will feel comfortable playing darts, cards, board games, having something to eat or just relaxing and having a pint. The site also benefits from parking for 10 cars.
|Car park spaces||10|
The private accommodation is of reasonable size newly decorated with a new domestic kitchen and bathroom.
|Annual rent||£15,000 per annum|
|Weekly rent||£288.46 per week fixed|
£15,000 per annum, £288.46 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approximately £33,650 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000). *An assisted purchase is available for the F&F.
|Fixtures & fittings||£18,000||Working capital||£5,000|
|Other costs||£3,000||Total entry cost||£33,650|
Flexible Foundation Agreement - giving you the ability to build trade and have lower ingoing costs. Flexible terms available by negotiation.
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
Located in the large village of Pembury just off of the A21 and 2 miles North of Tunbridge Wells. Although close to Tunbridge Wells, Pembury retains a rural character, and the village surroundings include large areas of woodland and farm land.