THE TUDOR ROSE Chestnut Street, Borden, Sittingbourne, Kent, ME9 8BT - March 2021
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
THE TUDOR ROSE
Chestnut Street, Borden, Sittingbourne, Kent, ME9 8BT
Located to the South West of Sittingbourne in Kent,
the Tudor Rose is a well established family friendly
Pub & Restaurant in Borden village.
Dating back to 1750, the Tudor Rose wears its age
well with hard wood floors, oak furniture and
paintings of the local area lining the walls. It retains
its classic, cosy Kentish pub feel and has benefited
from an internal redecoration in the last year.
Currently trading as a food led business with a very
strong winter trade, the Tudor Rose is popular for it’s
a la Carte menu and specials board full of classic
British dishes during the week and it hosts a popular
Carvery with all the trimmings in the upstairs dining
room every Sunday. The Tudor Rose is very much
the venue of choice for a high volume of local
private events, weddings and after funeral
gatherings.
Internally on the ground floor you will find a large
bar area with snug used for relaxed drinking and
dining space for approx. 40 covers, together with a
bright, airy conservatory for a further 40 covers. The
Sunday Carvery and private events are held
upstairs on the first floor in a private dining room for
a further 80 covers. The trade kitchen is of a good
size on the ground floor and there is also a second
holding kitchen on the first floor.
To the back of the back of the property you will find
a large grassed trade garden with bench seating
for approx. 60 covers and there is also a private
customer car park, along with plenty of street side
parking.
The private accommodation at the Tudor Rose
comes in the form of a two bed cottage located
just a few doors up from the pub with private off
road parking.
After ten years, Shepherd Neame is now looking for
new tenants to take on the successful running of
the Tudor Rose, so for more information or to
arrange a formal viewing of the site, please
contact the Trade Recruitment Co-ordinator.
BAR & RESTAURANT Ground floor: Feature bar servery with large drinking & dining area and snug for approx. 40 covers. Conservatory dining room for approx. 40 covers First floor: Private restaurant dining room/function room for approx. 80 covers KITCHEN Large fully equipped trade kitchen on the ground floor and a second holding kitchen on the first floor OUTDOOR & PARKING Family friendly fenced in trade back garden with bench seating for approx. 60 covers Private customer car park plus street side parking PRIVATE ACCOMMODATION Tenants private accommodation is a two bed cottage with a kitchen, lounge and bathroom a few doors down from the pub. It also has private off street car-parking TRADE FLOOR PLAN
CHARGES, TURNOVER & AGREEMENT OVERVIEW
ESTIMATED CAPITAL REQUIREMENTS TRADE SALES VOLUMES
TRADING DEPOSIT £5,000 YEAR ENDING
30 JUNE. 2018 2019 2020* 2021**
CONTRACT DEPOSIT £500
(Refundable on day of change) ALL BEER
141 144 112 41
MAINTENANCE SCHEME & CIDER (Barrels)
(Plus monthly payments of £50)
£1,000
DISPENSE MONITORING EQUIPMENT
INVENTORY (Draught beers and ciders in the last 12 weeks)
-
(Estimated subject to an independent valuation by a £50,000 TBC
trade broker and stock taker)
WINE 847 778 578 200
(Gallons)
STOCK, GLASS & CROCKERY
(Estimated subject to an independent valuation by a £8,000
trade broker and stock taker) PPS (Premium pack- 22 22 11 5
aged spirits – Gallons)
TRAINING DEPOSIT N/A
(£750 Refundable on completion of training) TRADITIONAL
39 46 43 17
SPIRITS (Gallons)
WORKING CAPITAL £10,000
TOTAL ESTIMATED INGOINGS £74,500 MINERALS 10,518 12,301 9,379 3,400
(Ready to drink litres)
MINIMAL CAPITAL CONSIDERED £35,000 NOTE: *Annual sales volumes include a four month period of closure
from March to June 2020 due to COVID-19. ** 2021 Sales volumes
NOTE: A lower minimum amount of capital may be considered providing that
include further periods of closure due to COVID-19 restrictions
there is a strong business and financial reason to support this during the
application process
TURNOVER
RENT CHARGES
FOOD TURNOVER (Per week net approx.) £14,000
PER ANNUM PER WEEK
LETTING ACCOMMODATION (per annum) N/A
YEAR 1 £59,800 £1,150
AMUSEMENTS WITH PRIZES N/A
YEAR 2 £60,944 £1,172 (per annum net approx.)
NOTE: Shepherd Neame has no access to the actual turnover figures as
YEAR 3 £62,140 £1,195 above. Please note that these figures is estimated as accurately as possible at
time of publishing. These figures include closure periods due to COVID-19
YEAR 4 £63,388 £1,219
YEAR 5 £64,740 £1,245
PUB ENERGY EFFICIENCY RATING
BAND C
NON DOMESTIC BUSINESS RATES 2020/2021
RATEABLE VALUE £69,000 AGREEMENT OVERVIEW
MULTIPLIER 0.499 This pub is being offered on a traditional rolling
tenancy agreement that is subject to a five
ESTIMATED RATES PAYABLE N/A year rent review
NOTE: This agreement is covered by the ‘Landlord &
Retail relief has been increased to 100 % for the hospitality Tenant Act’
industry between 1st April 2020 to 31st March 2021
The above calculations are estimations only and as rateable This is a fully tied agreement across all beer,
values are subject to change, we would request that the cider, wine, PPS, spirits and minerals
prospective new tenant checks the rates payable and any other
relief with the local authorities prior to completing a financial plan Any deviation from the standard terms outlined
above should be discussed at interview stage
with your designated Business Development
Manager
COUNCIL TAX BANDING TBA
Please note that we require all licensees to pass
SWALE BOROUGH COUNCIL the Pre-Entry Awareness Training Course (PEAT)
a minimum of five days before you can attend
a formal shortlist interview with us
ADDITIONAL CHARGES
SILVER SERVICE COMPLIANCE
£1846 CODE OF PRACTICE
PACKAGE (Per annum) - See overleaf for
standard package details
You can see our code of practice at the
following website link:
£910 (1 Single and
www.shepherdneame.co.uk/sites/default/files/
COOLER RENTAL (Per annum) 4 doubles) Code%2520of%2520Practice%2520Tenants.pdfTENANTED HOUSE SERVICE LICENCE INFORMATION
COMPLIANCE PACKAGE HOURS AUTHORISED BY THE PREMISES LICENCE
SILVER GOLD
LANDLORD RESPONSIBILITIES OPEN TO THE PUBLIC
Annual Gas Safe Inspection Monday - Saturday 10.00 - 01.30
(gas fires, gas boilers and gas flue)
Sunday 12.00 - 01.30
5 Yearly Electrical Installation T&I
Asbestos Management Survey SUPPLY OF ALCOHOL
6/12 Monthly LOLER
Monday - Saturday 10.00 - 01.00
(Goods/Passenger Lift)
Cellar Cooling Equipment and Beer Sunday 12.00 - 01.00
Dispense Equipment SUPPLY OF LATE NIGHT REFRESHMENT
Annual Asbestos Condition Survey
Monday - Saturday 23.00 - 01.30
Premises License and Licensing
Applications Sunday 23.00 - 01.30
Maintenance and repair of electrical
LIVE MUSIC
installation and pipework
LICENSEE RESPONSIBILITIES Monday - Saturday N/A
Risk Compliance Portal
Sunday N/A
Online H&S Training
Annual Chimney Sweep SPECIFIC CONDITIONS THAT APPLY:
Annual Fire Extinguisher Inspection N/A
L8 Water Risk Assessment
L8 Compliance Package
(1st Year only)
L8 Compliance (2nd Year onwards)
6 Monthly Fire Alarm Service
6 Monthly Emergency Lighting
Service
3 Yearly Fire Risk Assessment
Annual Gas Safe Inspection
(kitchen gas appliances)
Annual Gas Boiler Servicing
2 Yearly PAT Testing
*Annual Pressure Vessel PRE ENTRY AWARENESS TRAINING
(Coffee Machines)
Please note that we require all licensees to pass
*3 Monthly Grease Trap Service the Pre-Entry Awareness Training Course (PEAT)
*Annual Kitchen Canopy, Ducting minimum 5 days before they can attend a
and Filter Clean formal shortlist interview with us. PEAT is
mandatory for any new tenant or lessee who
Annual Gutter Clearance
signs an agreement in England and Wales with
*Annual ROSPA Play Equipment
Inspection a pub company or brewery who is a member of
ANNUAL COST £1846 £3484
the British Beer and Pub Association (BBPA). You
WEEKLY COST £35.50 £67
can see more information and purchase PEAT
*Only where applicable. Pricing subject to final agreement on servicing frequency. Licensee
at the following link:
remains responsible for any defects or repairs which are identified during service/inspection
www.bii.org/industry-advice/peat/
These figures were accurate at the date of printing of particulars (March 2021) Please enquire at interview if there have been any
substantial changes. The particulars are set out as a general outline only for the guidance of potential tenants and do not constitute
part of an offer or contract. All descriptions (including photographs), dimensions, reference to condition and necessary permissions for
use and occupation and other details are given in good faith and believed to be correct but any potential tenants should not rely on
them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of
them. No person in the employment of Shepherd Neame Limited has any authority to make or give any representation or warranty
whatsoever in relation to the property.You can also read
