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Beer Garden
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External Drinking Area
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Letting Rooms
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Car Park
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Restaurant/Dining
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Coastal
Property details
Just 500 yards away from the Brewery itself, the Railway boasts a great location at the top of Faversham's historic high street and directly opposite the busy train station. Faversham is an ancient market town with a rich history, where you can meander through medieval streets, relax alongside the beautiful creek side, or explore the weekly markets, independent shops, and boutiques. The town boasts a busy, year-round events calendar, and it has been put on the map internationally for its famous annual Hop Festival, which celebrates the town's historic hop-growing heritage, and the ever-popular Faversham Festival of Transport.
Following a period of closure for an extensive refurbishment programme, the Railway Hotel has been upgraded throughout and is now positioned and ready for a dynamic new operator to relaunch the business in the local marketplace.
Internally, the spacious and welcoming ground floor now houses a newly refurbished bar area centred around a beautiful feature servery for approx.70 covers, together with a restaurant/breakfast dining room for 30 covers and a good-sized trade kitchen. A striking tiled entrance lobby and staircase lead to the recarpeted and decorated first floor, where you will find six ensuite letting bedrooms. All of the bedrooms have benefited from complete redecoration to include new window furnishings, fitted carpets and bathroom upgrades.
Externally, the Railway features a substantial courtyard garden with seating for 50 covers, an outside bar, barn storage, customer car parking and an additional unused outbuilding offering future development potential.
The private accommodation is set out over two floors and includes a lounge, large kitchen and bathroom on the first floor and two double bedrooms on the second floor.
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Catering Kitchen
Trading style
Situated in the pub company's very own home town of Faversham, the Railway Hotel is a Victorian pub & restaurant with six letting bedrooms that has been welcoming its customers for over 150 years.
If you are an experienced hospitality operator seeking out a high-profile project in one of Kent’s most attractive and vibrant market towns, then look no further, as the Railway Hotel could be the perfect answer!
The Railway Hotel is currently trading under the pub company's management, and it is looking for its perfect new operator immediately, on either a traditional tenancy or a partnership agreement. It presents a fantastic opportunity for an ambitious and hands-on publican, with strong food, drink and accommodation experience and a clear vision for marketing, events and community engagement, to make their mark in Faversham.
Key financials
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Reference Number:
Z55YD7 / SN-ME13
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£17,500.00
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Annual Rent:
£39,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.
Estimated capital requirements:
- Trading deposit £5,000
- Contract deposit (Refundable on the day of change) £500
- Maintenance scheme (Plus monthly payments of £50) £1,000
- Inventory (Estimated post-refurbishment subject to an independent valuation by a trade broker and stock taker) £TBC
- Stock, glass & crockery (Estimated subject to an independent valuation by a trade broker and stock taker) £5,000
- Training deposit (£500, Refundable on completion of training) £1,000
Working capital £5,000
Total estimated ingoing charges £TBC
Minimal capital considered £17,500
A lower minimum amount of capital may be considered, provided that there is a strong business and financial reason to support this during the application process.
Fixed Rental Structure:
- Year 1 £39,000
- Year 2 £41,600
- Year 3 £42,900
- Year 4 £43,940
- Year 5 £45,240
This pub is being offered on a Standard Tenancy Agreement with a fixed 5-year rental structure. This agreement is covered by the ‘Landlord & Tenant Act’ 1954, Part II. This is a fully tied agreement across all beers, cider, wine, PPS, spirits, and minerals.