tenancy
103 Reculver Road, Beltinge, Herne Bay, Kent CT6 6ND, UK
Approx. Total Ingoings
£12,750Annual Rent
£25,000The Rising Sun is situated in the affluent suburb of Beltinge, in the town of Herne Bay, Kent. This well-presented pub features two bar areas and a restaurant, to comfortably accommodate drinkers, diners, and sports enthusiasts alike. Drawing most of its custom from the surrounding residential area, the pub offers great potential to expand on the customer base through carefully thought-out marketing campaigns. The well-equipped commercial kitchen is capable of producing a good quality food offer and supporting a busy pub. The external trading areas offer further potential to encourage families and sports teams to enjoy the pub especially during good weather. Stonegate Pub Partners are interested in hearing from an experienced publican with knowledge of running a food-led business.
Private Accommodation: The Rising Sun boasts an attractive main road frontage as well as two outdoor trading spaces. The first is a patio garden with potential for children’s play equipment and al fresco dining whilst the second is a bat and trap field which proves popular with the local league. There is also a 12-space car park to the side of the property.
Indoor trading area
The Rising Sun is a well-decorated, traditional pub with two bars and a separate restaurant. The main bar is popular for socialising, drinking, sports and pub games, as it houses television screens and a darts board. The second bar features an attractive fireplace and is used more for relaxing and casual dining. Both areas boast their own cladded bar serveries and accommodate 40 covers between them. The restaurant has its own separate entrance and is decorated with a light and airy colour scheme. It offers a further 40 covers across formal dining tables and chairs. The well-equipped commercial kitchen is positioned to support a strong food offer and benefits from plenty of storage space.
Outdoor trading area
The Rising Sun boasts an attractive main road frontage as well as two outdoor trading spaces. The first is a patio garden with potential for children’s play equipment and al fresco dining whilst the second is a bat and trap field which proves popular with the local league. There is also a 12-space car park to the side of the property.
Regional Manager Comments
Currently the main customer base of the Rising Sun is formed of those living within the surrounding area, with a diverse cross section of trade from an older generation through to younger families. Additional footfall could be attracted with suitable marketing of the food offers and events. We are ideally seeking an experienced food operator who can integrate into the community.
Retail Partnership Tenancy
Live Music Beer Garden Private Accommodation Kitchen Parking Cask Ale Live Sports Restaurant/Food
Approx. Total Ingoings
£12,750
Annual Rent
£25,000
Potential Turnover: £302,000 per annum
This is an estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Guide Rent: £25,000 per annum, payable weekly in advance.
The Proposed Agreement: Retail Partnership Tenancy
The Landlord is prepared to discuss other Partnership agreements.
They will also discuss your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital Start-up: £12,750 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit, refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital - the amount will be dependent on your business plan.
Estimated Fixtures and Fittings Value: £12,500 (excl VAT)
To be discussed with the Regional Manager.
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Originally formed in 2010 with 333 pubs, Stonegate Group is now the largest pub company in the UK following 12 major acquisitions. Our vast portfolio is now home to over 4,500 sites which range from Leased & Tenanted to Managed. We strongly believe that the pub is at the heart of British culture and we strive to deliver a fantastic customer experience.
