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Britannia, Seabrook, Hythe

26 Horn Street, Hythe, Kent, CT21 5SR

Set on the Kent coast between Folkestone and Hythe, the Britannia Inn is a traditional style pub located in the small village of Seabrook.

 

Key features

  • Community led coastal village pub located in Hythe, Kent
  • Currently wet only with potential to implement food
  • Feature bar servery and restaurant dining room for approx. 32 covers in total
  • Trade kitchen which is not currently utilised
  • Trade pation area to the front of the property
  • Customer car parking
  • 2 bed private accommodation in good order

Floorplan

THE BRITANNIA INN

Set on the Kent coast between Folkestone and Hythe, the Britannia Inn is a traditional style pub located in the small village of Seabrook.

The Napoleonic-era Royal Military Canal starts in Seabrook and runs through Hythe for 28 miles and the promenade leading from Seabrook to Hythe is very popular with walkers and joggers in the summer months.

The Britannia sits right at the heart of local community life in Seabrook and it’s been that way for more than a century. The weekly quiz night & buffet on a Wednesday has a great local following together with monthly live music and karaoke, charity fun days in the summer, the local crib league and occasional private parties and events at the pub.

Internally you will find an open plan drinking area, a feature bar servery and a restaurant dining area which cater for approximately 32 dining covers in total. There is also a small but well equipped trade kitchen on site which is not currently being utilised.

There is a trade patio garden to the front of the Britannia which caters for around 24 covers, private customer car parking for 10 cars on site and plenty of additional street side parking.

The Britannia Inn presents incoming tenants the  opportunity to extend existing trading hours and to introduce a traditional pub style food offer which could further develop the existing trade at this site.

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

BAR & RESTAURANT

Large open bar area with a feature bar servery and restaurant dining room for approx. 16 covers. Approx. 32 covers in total

KITCHEN

Fully equipped trade kitchen

OUTDOOR & PARKING

Trade patio garden area to the front of the property for approx. 24 covers. Private customer car park

PRIVATE ACCOMMODATION

Private accommodation is in good order and includes two double bedrooms, 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£15000
Stock, glassware, cutlery, crockery, etc
Estimated subject to independent valuation by trade broker and stock taker
£4000
Working capital£3500
Training deposit
£750 refundable on completion of training
£1000
Total estimated ingoings£30000

Minimal capital considered

Minimum capital considered
Based on: Trading deposit + stock, glassware, cutlery,
crockery, etc, working capital + training deposits + misc
£15000
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 A

Non Domestic Business Rates

RATEABLE VALUE - £10,750

MULTIPLIER - 0.499

ESTIMATED RATES PAYABLE - £0

  • Retail relief has been increased to 100 % for the hospitality industry between 1st April 2020 to 31st March 2021
  • 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

2017 2018 2019 2020 (Jul 19 - Jan 20)
All beer and cider
Barrels
143 167 165 73
Wine
Gallons
218 251 201 97
PPS
Gallons

Premium packaged spirits (eg WKD)
12 18 10 5
Traditional Spirits
Gallons
47 53 45 16
Minerals
Ready to drink litres
3575 3904 3706 1623

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 - 00.00

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