With a development scheme agreed, the Neptunes Hall will be a fully refurbished pub & restaurant boasting a great town location and prominent corner plot leading to Broadstairs beach in Kent
Available for the first time in seventeen years, Shepherd Neame is looking for new tenants to take on the successful running of the Neptune’s Hall, Broadstairs.
With a complete internal and external development scheme agreed, including the introduction of a trade kitchen and a garden refurbishment, we are looking for new partners that will work in conjunction with us to re-launch what will be a fully refurbished site, re-positioning the Neptune’s Hall as an excellent place to eat and drink locally.
A Grade II listed building, the Neptune's Hall boasts a great location and prominent corner plot in the charming seaside town of Broadstairs, Kent. It sits on the main hill leading down to the beach front and it is at the hub of the town and various activities during the annual ‘Broadstairs Folk Week’ every August.
Currently a wet only operation, the Neptune's Hall is a popular venue for weekly live music. Offering a diverse range of music every Friday & Saturday night, the pub has a loyal base of music loving customers that pop by every week to see what is on offer.
Moving forward, the Neptune's Hall is looking for experienced operators that have the ability to work with us throughout the development scheme and to put their stamp on this business. The introduction of a good pub food offer together with a great range of cask ales, beers, wines and other drinks will instrumental to a successful business plan.
To find out more about this site and the proposed development scheme, please contact the Trade Recruitment Co-ordinator.
Feature bar servery with large open plan trade drinking and dining area
Newly fitted trade kitchen on the first floor
New trade garden to include double doors leading onto decked patio, grassed area, jumberella, garden heating and lighting. Local car parking is available directly opposite the pub
Tenants private accommodation is set out over two floors and includes a lounge, bathroom and double bedroom on the first floor and four attic bedrooms on the second floor
| Trading deposit | £5000 |
| Contract deposit refundable on day of charge | £500 |
| Repair scheme + monthly payments £50 | £1000 |
| Inventory | £25000 |
| Stock, glassware, cutlery, crockery, etc Estimated subject to independent valuation by trade broker and stock taker | £3000 |
| Working capital | £2500 |
| Training deposit £750 refundable on completion of training | £1000 |
| Total estimated ingoings | £38000 |
| Minimum capital considered Based on: Trading deposit + stock, glassware, cutlery, crockery, etc, working capital + training deposits + misc | £38000 |
| Please note: Where only minimal capital is available inventory will be rentalised. | |
| Year 1 | Year 2 | Year 3 | |
| Per anum | £20800 | £TBA | £TBA |
| Per week | £400 | £TBA | £TBA |
Band B
Rateable Value - £14,750
Multiplier – 0.480
Estimated Rates Payable 2018/19 - £7,080
Year ending 30 June
| 2016 | 2017 | 2018 | |
| All beer and cider Barrels |
149 | 113 | 102 |
| Wine Gallons |
240 | 233 | 205 |
| PPS Gallons Premium packaged spirits (eg WKD) |
11 | 22 | 10 |
| Traditional Spirits Gallons |
43 | 48 | 50 |
| Minerals Ready to drink litres |
1798 | 1639 | 1770 |
Supply of alcohol, background music and provision of late night refreshment.
Monday - Thursday - 10.00 - 00.30
Friday - Saturday - 10.00 - 01.30
Sunday - 10.00 - 23.30
Open to the public
Monday - Thursday - 10.00 - 01.00
Friday - Saturday - 10.00 - 02.00
Sunday - 10.00 - 00.30
Live music
Sunday - Thursday - 10.00 - 23.00
Friday - Saturday - 10.00 - 00.00