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Crayford Arms, Crayford, Dartford

Crayford High Street, Crayford, Kent, DA1 4HH

Originally built back in 1864, the Crayford Arms is a wet only, community locals pub located in Crayford, Darford, Kent.

Key features

  • Available immediately
  • Tenancy at Will or 1 Year Agreement available
  • Traditional community style pub in Crayford, Dartford 
  • Large trade area with with a central feature bar servery 
  • Upstairs function room with bar & kitchen for 80 covers 
  • Trade garden and smoking solution 
  • Customer car park 

Floorplan

THE CRAYFORD ARMS

Originally built back in 1864, the Crayford Arms is sat in a prominent plot on the corner of Crayford High Street and Bexley Lane in Crayford, Dartford, Kent.

Currently a business that operates on a wet only basis, the Crayford Arms is a true traditional style pub with the local community at the heart of it. It has a popular following for live music, seasonal events, some sport and private parties, keeping the regulars returning week after week.  

Internally you will find a large trade area that is   divided in to two panelled bars with a central feature bar servery. Upstairs there is a large first floor function room for approximately 80 covers, which has its own bar and private kitchenette. Although not currently utilised, there is also a trade kitchen on site.

Outside and to the back of the property, the Crayford Arms has trade patio garden with a smoking solution together customer car parking for approximately 6 cars.

The private accommodation has 4 bedrooms and a bathroom on the upper floor and the lounge is located on the ground floor of the property.

The Crayford Arms presents a new incoming tenant the opportunity to potentially implement a basic and traditional style pub food offer along with developing the existing wet trade.

Due to a quick turnaround, together with the full three year agreement, there is the option for this pub to also be available on either a Tenancy At Will or a one Year Agreement with negotiable                      in-goings.

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

BAR & RESTAURANT   

Central feature bar servery with two trade drinking and dining areas. First floor function room with bar for approx. 80 covers and a trade kitchenette

KITCHEN

Trade kitchen not currently utilised

OUTDOOR & PARKING

Paved patio garden with smoking solution. Customer car parking for approx. 6 cars 

PRIVATE ACCOMMODATION

Large first floor private accommodation to include 1 double and 3 single bedrooms and a bathroom. Lounge is on the ground floor

Capital Requirements

Estimated capital requirements

Trading deposit£5000
Contract deposit
refundable on day of charge
£500
Repair scheme
+ monthly payments £50
£1000
Inventory£0
Stock, glassware, cutlery, crockery, etc
Estimated subject to independent valuation by trade broker and stock taker
£1500
Working capital£2000
Training deposit
£750 refundable on completion of training
£1000
Total estimated ingoings£11000

Minimal capital considered

Minimum capital considered
Based on: Trading deposit + stock, glassware, cutlery,
crockery, etc, working capital + training deposits + misc
£0
Please note: Where only minimal capital is available inventory will be rentalised.

Rent and charges

Rent

Year 1Year 2Year 3
Per anum£21840£22880£23920
Per week£420£440£460

Council tax

Band B

Non Domestic Business Rates

RATEABLE VALUE - £20,250

MULTIPLIER 2019/2020 - 0.491

ESTIMATED RATES PAYABLE - £6,562

  • 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 2019/20 and 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
118 92 184 115
Wine
Gallons
170 374 83 50
PPS
Gallons

Premium packaged spirits (eg WKD)
19 17 26 20
Traditional Spirits
Gallons
80 58 111 85
Minerals
Ready to drink litres
4110 3655 6431 4455

Licence information

Hours authorised by the premises licence

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

Sunday - Thursday - 10.00 - 23.30
Friday - Saturday - 10.00 - 00.00

Open to the public

Sunday - Thursday - 10.00 - 00.00
Friday - Saturday - 10.00 - 00.30

Live music

Sunday - Thursday - 10:00 - 23:30
Friday - Saturday - 10.00 - 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