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Bull, Tunbridge Wells

79 Frant Road, Tunbridge Wells, Kent, TN2 5LH

Set on the busy A267 Frant Road in Tunbridge Wells, the Bull is a charming pub & restaurant with an open barn conversion for alfresco dining at the back of the property.

Key features

  • Located on the busy A267 Frant Road
  • Feature bar servery with open plan drinking & dining space
  • Well equipped trade kitchen
  • Patio garden area to the back of the property 
  • Open fronted barn conversion for alfresco dining 
  • Customer car parking 

Floorplan

THE BULL

You will find the Bull set on the busy A267 Frant Road in Royal Tunbridge Wells, Kent.

The Bull possesses a real blend of warmth and charm, with a clean modern feel and an open fire place for when it is cold outside.

Internally there is a feature bar servery with an open plan, u-shape trade drinking and dining area for approx. 40 covers and a reasonable sized and well equipped trade kitchen.

In 2017 the Bull underwent an external redecoration to the front of the property and the barn to the back of the building was converted, now giving you an open fronted drinking and dining area perfect for alfresco dining in the good weather. There is a further patio garden area with seating and customer car parking available to the rear of the site.

Popular with the locals in the area, the Bull currently plays host to a diverse customer base and offers a good quality, traditional food offer Tuesday to Sunday every week.

Shepherd Neame is now looking for new   operators to further enhance and develop the Bull moving forward. This site has the  ability to suit a range of potential tenants including a chef operator or perhaps first time tenants looking for the right opportunity.

For more information or to arrange a formal viewing please contact us now.

BAR & RESTAURANT   

Feature bar servery with open plan U-shape trade drinking and dining area for approx. 40 covers. Externally there is a converted open front barn for  alfresco dining and further covers in the warmer weather

KITCHEN

Well equipped trade kitchen

OUTDOOR & PARKING

Patio garden area to the back of the property with additional seating. Customer car parking for 4 cars

PRIVATE ACCOMMODATION

Two doubles and 1 single bedroom, lounge, kitchen and bathroom

Capital Requirements

Estimated capital requirements

Trading deposit£5000
Contract deposit
refundable on day of charge
£500
Repair scheme
+ monthly payments £50
£1000
Inventory£20000
Stock, glassware, cutlery, crockery, etc
Estimated subject to independent valuation by trade broker and stock taker
£3000
Working capital£4000
Training deposit
£750 refundable on completion of training
£1000
Total estimated ingoings£34500

Minimal capital considered

Minimum capital considered
Based on: Trading deposit + stock, glassware, cutlery,
crockery, etc, working capital + training deposits + misc
£14500
Please note: Where only minimal capital is available inventory will be rentalised.

Rent and charges

Rent

Year 1Year 2Year 3
Per anum£37440£38532£39676
Per week£720£741£763

Council tax

Band A

Non Domestic Business Rates

RATEABLE VALUE -  £18,200

MULTIPLIER 2019/2020 - 0.491

ESTIMATED RATES PAYABLE - £8,936

  • 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
All beer and cider
Barrels
100 99 100 91
Wine
Gallons
631 596 559 451
PPS
Gallons

Premium packaged spirits (eg WKD)
Traditional Spirits
Gallons
16 20.5 20 17
Minerals
Ready to drink litres
1830 2226 2282 1825

Estimated food turnover

£1,300 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 - 00.30
Friday - Saturday - 08.00 - 01.30

Open to the public

Sunday - Thursday - 10.00 - 01.00
Friday - Saturday - 10.00 - 02.00

Live music

Monday - Sunday - 10.00 - 23.00

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