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Dewdrop, Twydall, Rainham

100-102 Hawthorne Avenue, Rainham, Kent, ME8 6TU

The Dewdrop is a wet only community pub located at the heart of Twydall in Rainham, Kent.

Key features

  • Wet only pub
  • Strong community and sports influence 
  • Feature bar servery with two large open plan trade areas
  • Unused trade kitchen with potential to implement food 
  • Great trade garden surrounding the front of the property
  • Customer car parking for approx.10 cars
  • Three bedroom tenant accommodation with a private yard & garden

Floorplan

THE DEWDROP 

The Dewdrop is a community pub located at the heart of Twydall in Rainham, a large residential  suburb in Gillingham, Kent.

The only pub on this very diverse housing estate, the Dewdrop is currently trading as wet only operation with a strong local community and sports influence.

Internally this pub boasts plenty of space to  include a central feature bar servery, two open plan trade drinking areas, a pool and darts area and a trade kitchen which is not currently utilised. 

There is a large, grassed trade garden with bench seating surrounding the pub which is a hit with the customers during the summer months together with a private customer car park for  approximately 10 cars.

The private accommodation has 3 bedrooms, a lounge, diner, kitchen and bathroom and it also benefits from a private tenants yard and garden.

With the potential to drive wet sales and introduce a limited food offer moving forward, the Dewdrop would suit experienced operators that have the skills required to re-establish the community spirit and make the Dewdrop the primary drop in spot in Twydall.

Available from April 2020, this property is being offered on a variation of our tenancy agreement, giving it an individual approach to certain aspects of the tenancy. A more in-depth review of the differences can be discussed with the Business Development Manager at interview.

For more information or to arrange a formal viewing of the Dewdrop please contact the Trade Recruitment Co-ordinator on 01795 542132.

BAR & RESTAURANT 

Central feature bar servery with two trade drinking areas

KITCHEN

Good sized trade kitchen which is not currently utilised 

OUTDOOR & PARKING

Trade garden surrounding the front of the property and customer car parking for approx.10 cars

PRIVATE ACCOMMODATION

3 Bedrooms, lounge, diner, bathroom with separate WC and kitchen. Private yard and garden

Capital Requirements

Estimated capital requirements

Trading deposit£5000
Contract deposit
refundable on day of charge
£500
Repair scheme
+ monthly payments £50
£1000
Inventory£15000
Stock, glassware, cutlery, crockery, etc
Estimated subject to independent valuation by trade broker and stock taker
£2000
Working capital£2000
Training deposit
£750 refundable on completion of training
£1000
Total estimated ingoings£26500

Minimal capital considered

Minimum capital considered
Based on: Trading deposit + stock, glassware, cutlery,
crockery, etc, working capital + training deposits + misc
£11500
Please note: Where only minimal capital is available inventory will be rentalised.

Rent and charges

Rent

Year 1Year 2Year 3
Per anum£TBA £TBA £TBA
Per week£TBA £TBA £TBA

Council tax

Band B

Non Domestic Business Rates

RATEABLE VALUE (UNTIL APRIL 2020) - £14,000

MULTIPLIER - 0.491

ESTIMATED RATES PAYABLE (UNTIL APRIL 2020) - £3,055

  • As at the time of publishing, the estimated rates payable, are based upon the assumption that the tenant occupies the maximum of one pub and therefore qualifies for small business rates relief
  • We have also applied the relevant multipliers and estimated transitional relief where applicable
  • Retail relief has been applied to all pubs with a rateable value of £51,000 or less. This entitles the occupier to a third reduction in rates payable after all other reliefs and will run for the 2020/21 rating years. This is an assumption that should be confirmed with the local authority
  • The above calculations are estimations only and as rateable values are  subject to change, we would request that the prospective new  tenant checks the rates payable and any other relief with the local authorities prior to completing a financial plan

 

Trading information

Trade

Year ending 30 June

2016 2017 2018 2019
All beer and cider
Barrels
145 169 194 189
Wine
Gallons
PPS
Gallons

Premium packaged spirits (eg WKD)
Traditional Spirits
Gallons
Minerals
Ready to drink litres

Licence information

Hours authorised by the premises licence

Supply of alcohol, background music and provision of late night refreshment.

Sunday - Thursday - 10.00 - 00.00
Friday - Saturday - 10.00 - 01.00

Open to the public

Sunday - Thursday - 10.00 - 00.30
Friday - Saturday - 10.00 - 01.30

Live music

Monday - Sunday - 10.00 - 00.00

Agreement Overview

  • This pub is being offered on a traditional rolling tenancy agreement that is subject to a five year rent review
  • This agreement is covered by the ‘Landlord & Tenant Act’
  • This pub is tied on all beers & ciders
  • Please note that there is a telecommunications Device installed at this property
  • Any deviation from the standard terms   outlined above should be discussed at interview stage with your designated Business Development Manager
  • We require all licensees to pass the Pre-Entry Awareness Training Course (PEAT) a minimum of five days before you can attend a formal shortlist interview with us. Please ask us for more information about PEAT if required
  • You can see our code of practice at the top of this page