King William IV

87 Hastings Road, Pembury, Tunbridge Wells, Kent, TN2 4JS

Gallery

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Pub overview

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.

Trade space
Bars 1
Car park spaces 10
Dining rooms 1
Gardens 2
Trade kitchens 1

The private accommodation is of reasonable size newly decorated with a new domestic kitchen and bathroom.

Private space
Private Rooms 6
Lounge 1
Single Bedrooms 1
Double bedrooms 1
Private Kitchen 1
Bathrooms 1
Toilets 1

Rent information

Annual rent £15,000 per annum
Weekly rent £288.46 per week fixed
Notes

£15,000 per annum, £288.46 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Machine income free of tie.

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.

Brokers £675 Legal £825
Deposit £6,000 Stocktaking fees £150
Fixtures & fittings £18,000 Working capital £5,000
Other costs £3,000 Total entry cost £33,650

Agreement description

Foundation Agreement
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.

Trading volumes

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2016/17 138 721 2,043
2015/16 176 759 2,812
2014/15 154 606 2,412
Volume notes

Location

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.

Facilities

Trade bar
Car park
Dining area
Pub garden
Trade kitchen

Current premises licence opening hours

Monday - Thursday: 10:00 - 00:00 Friday & Saturday: 10:00 - 01:30 Sunday: 12:00 - 23:30

Contact Us

Yvonne Fraser

Business Development Manager

Call us today 01284 714 497

Apply online
“ An opportunity for a hands on operator/couple ”