Orange Tree, Wilmington, Dartford

Key features

Well established community pub & restaurant
In great condition internally and externally
Large open plan trade area with bar, games area and restaurant
Well equipped trade kitchen on site
Large patio garden to the back of the property
Recently installed outdoor toilet block
Large private customer car park
Available from March 2020 onwards

Floorplan

Built back in the 1800’s, the Orange Tree is a busy Pub & Restaurant located on Hawley Road in the village of Wilmington, Dartford.

A listed building and in great order both inside and out, the Orange Tree boasts a superb reputation in Wilmington village amongst its locals but also with customers further afield in Dartford.

There is always something going on to keep you entertained at the Orange Tree, including a DJ every Friday evening, occasional live bands and music, BBQ’s in the summer months, steak and specials nights, private parties or a great roast dinner all year round on a Sunday. Sport is also at the heart of this family friendly pub with BT sports on offer together with a large games area with a pool table and darts, both of which have their own in house teams.

Internally you will find a feature bar servery with a relaxed drinking area, a large games room with a pool table, a darts area and a restaurant dining area for approx. 30 covers. There is an immaculate and well equipped trade kitchen on site and a small area which has previously been utilised for carveries.

The large, pretty and well kept patio garden to the back of the property is a real selling point at the Orange Tree all year round. It also benefits from a recently installed outdoor toilet block and a large private and gated customer car park with access in to the garden.

The private accommodation at the Orange Tree includes four bedrooms, a lounge, bathroom, toilet and office.

Available from March 2020 onwards, the Orange Tree is now looking for new operators to take on the running of this already well established and trading business.

For more information or to arrange a formal viewing of this site, please contact us now on 01795 542132.

BAR & RESTAURANT

Feature bar servery with relaxed drinking area, large games area with pool table, darts area and restaurant dining area for approx. 30 covers

KITCHEN

Good sized and well equipped trade kitchen with storage area and washing machine

OUTDOOR & PARKING

Large, attractive courtyard garden with seating and a recently installed outdoor toilet block to the back of the property. Gated private customer car park

PRIVATE ACCOMMODATION

Four bedrooms, lounge, bathroom, toilet and office

Capital Requirements

Estimated capital requirements

Trading deposit	£5000
Contract deposit refundable on day of charge	£500
Repair scheme + monthly payments £50	£1000
Inventory	£12000
Stock, glassware, cutlery, crockery, etc Estimated subject to independent valuation by trade broker and stock taker	£3000
Working capital	£2000
Training deposit £750 refundable on completion of training	£1000
Total estimated ingoings	£24500

Minimal capital considered

Minimum capital considered Based on: Trading deposit + stock, glassware, cutlery, crockery, etc, working capital + training deposits + misc	£12500
Please note: Where only minimal capital is available inventory will be rentalised.

Rent and charges

Rent

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

Council tax

Band B

Non Domestic Business Rates

RATEABLE VALUE - £21,000

MULTIPLIER 2019/2020 - 0.491

ESTIMATED RATES PAYABLE - £6,874

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	269	259	262	266
Wine Gallons	318	302	237	240
PPS Gallons Premium packaged spirits (eg WKD)	22	26	18	21
Traditional Spirits Gallons	127	123	118	109
Minerals Ready to drink litres	6027	5539	5134	5496

Estimated food turnover

£500 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.

Estimated awp profit (Amusement with prizes)

£5,000 per annum approximately

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 - 23.00

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 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