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DESTINATION SITE

The Bull Inn

Bull Lane, Bethersden, Ashford, Kent, TN26 3LB

Ingoing Cost: £16,000
Annual Rent: £28,600

Features
Trading style
Key financials

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Beer Garden

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External Drinking Area

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Car Park

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Restaurant/Dining

Property details

Originally dating back to 1645, the Bull is an ancient inn that trades as a food-led destination dining pub & restaurant in the heart of the Kent countryside in Bethersden. The Bull Inn sits proudly on the A28 Ashford Road; it is central to the villages of Bethersden, Smarden and High Halden, and it is just six miles from the towns of Ashford and Tenterden. Bethersden houses a small but friendly community, and the village is home to a range of shops, churches, independent businesses, a recreation ground, clubs and societies.

Internally at the Bull, you will find a central feature bar servery, an open fireplace with cosy leather sofas, a TV and darts area and an open plan drinking and dining space for approx.90 covers in total.

Externally, the Bull boasts fantastic outdoor space; it has a large, family-friendly, grassed garden and a paved patio area for over 100 covers, together with a good-sized private customer car park, a log shed and outdoor storage space.

The private accommodation is set out over two floors and includes a large lounge, small kitchen, bathroom, and a large double bedroom on the first floor, with a sizeable loft room that can be utilised as either further bedroom space or extensive storage space on the second floor.

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Catering Kitchen

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Team Games

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Live Sports

Trading style

The Bull currently trades from Wednesday to Sunday each week, and it provides its customers with a traditional-style menu, packed full of classic pub dishes, for both lunch and dinner service. Lunchtime trade sees a loyal following of mature customers, and the first-class Sunday lunch brings customers from far and wide. It hosts a range of year-round events, including music and car shows in the garden during the summer and October-Fest in the Autumn.

The Bull Inn has the potential to be available quickly for the right applicants, and it is available on either the traditional tenancy model or on a tenanted business partnership agreement.

Key financials

Reference Number: Z55YD7 / SN-TN26
Agreement Type: Tenancy

Min Ingoing Cost: £16,000.00
Annual Rent: £28,600.00

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 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) £20,000
Stock, glass & crockery (Estimated subject to an independent valuation by a trade broker and stock taker) £3,000
Training deposit (£500 Refundable on completion of training) £1,000
Utility package deposit (Approx. cost, applicable subject to agreement type) £TBC
Technology pack deposit (Approx. cost, applicable subject to agreement type) £TBC

Working capital £5,000
Total estimated ingoing charges £36,000
Minimal capital considered £16,000

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 £28,600
Year 2 £29,328
Year 3 £30,160
Year 4 £31,096
Year 5 £32,136

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.

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