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Ringlestone Inn, Harrietsham

Ringlestone Road, Harrietsham, Maidstone, Kent, ME17 1NX

A destination dining site tucked neatly away in rural Harrietsham village, Maidstone, the Ringlestone Inn is a medieval lamp lit tavern with plentiful dining space and great gardens.

Key features

  • Medieval lamp lit tavern built in 1533
  • Feature bar servery with multiple trade areas for approx. 60 covers 
  • Trade kitchen with separate preparation area 
  • Plentiful outdoor storage 
  • Large family friendly garden with childrens play equipment 

Floorplan

RINGLESTONE INN

A hidden gem, tucked neatly away in the rural village of Harrietsham, the Ringlestone Inn is a  traditional destination dining style pub and restaurant located in Maidstone, Kent.

Built in 1533, The Ringlestone Inn was originally used as a hospice for monks, but became one of the early “ale houses” around 1615. Very little has changed at the Ringlestone since then and it remains a medieval, lamp lit tavern with its original brick and flint walls and floors, oak beams, inglenooks and centuries-old English furniture.

Internally you will find a feature bar servery with multiple trade areas to include a drinking area with an open fireplace and three restaurant dining areas for around sixty covers in total. There is a good sized trade kitchen on site with a separate preparation area and there is plentiful outdoor storage space available.

The large family friendly back garden with children’s play equipment is a huge draw for the customers at the Ringlestone Inn, during the warmer it attracts customers from far and wide and together with the onsite customer car parking, it allows you to cater for alfresco dining when the weather permits.

For the first time in over eleven years, Shepherd Neame is looking for new tenants to take on the running of the Ringlestone Inn. With the opportunity to reposition the pub in the local  market, the Ringlestone Inn would lend itself to experienced operators with proven catering skills that are looking to establish themselves in a beautiful destination dining site.

For more information or to arrange a formal   viewing of the Ringlestone Inn with our Business Development Manager, please contact the Trade Recruitment Co-ordinator now on  01795 542132.

BAR & RESTAURANT         

Feature bar servery with multiple trade areas to include a bar/seating area and 3 restaurant dining areas. Total capacity approx. 55 to 60 covers.

KITCHEN

Good sized trade kitchen with separate preparation area. Plenty of outdoor storage.

OUTDOOR & PARKING

Large feature trade garden with children's play equipment. Customer car parking.

PRIVATE ACCOMMODATION

Large private accommodation to include 2 double and 1 single bedroom, box room lounge, kitchen, bathroom, office.

Capital Requirements

Estimated capital requirements

Trading deposit£5000
Contract deposit
refundable on day of charge
£500
Dilapidations
+ monthly payments £50
£1000
Inventory£20000
Stock, glassware, cutlery, crockery, etc
Estimated subject to independent valuation by trade broker and stock taker
£2500
Working capital£2000
Training deposit
£750 refundable on completion of training
£1000
Total estimated ingoings£32000

Minimal capital considered

Minimum capital considered
Based on: Trading deposit + stock, glassware, cutlery,
crockery, etc, working capital + training deposits + misc
£32000
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 2018 - £12,750

Multiplier – 0.466

Estimated Rates Payable 2018/19 - £1,485

  • 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.
  • The above calculations are estimations only and as rateable values are subject to change, we would recommend that the prospective new tenant checks the rates payable and any other relief prior to completing a financial plan.
  • Please note that we have not yet applied the Governments Pub relief of £1,000 on rates payable as many councils have yet to confirm.

Trading information

Trade

Year ending 30 June

2015 2016 2017 2018 (July-Dec 2017)
All beer and cider
Barrels
31 31 24 9
Wine
Gallons
184 170 131 49
PPS
Gallons

Premium packaged spirits (eg WKD)
Traditional Spirits
Gallons
2 2 0.5 0
Minerals
Ready to drink litres
2186 2162 2018 441

Estimated food turnover

£1,000 per week approximately 

Shepherd Neame has no access to the tenant's food turnover figures. Please note this figure is estimated as accurately as possible at time of publishing.

Licence information

Hours authorised by the premises licence

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

Sunday - Thursday - 08.00 - 02.00
Friday - Saturday - 08.00 - 02.00

Open to the public

Monday - Sunday - 08.00 - 03.00

Live music

Monday - Sunday - 12.00 - 00.00

Agreement Overview

  • This pub is being offered on a traditional rolling tenancy agreement that is subject to a three year rent review
  • This agreement is covered by the ‘Landlord & Tenant Act’
  • This is a fully tied agreement across all beer, cider, wine, PPS, spirits and minerals
  • Any deviation from the standard terms outlined above should be discussed at interview stage with your designated Business Development Manager
  • Please note that 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