The Kings Head is an award winning gastro pub & restaurant with seven letting bedrooms and its very own bespoke pizza shed, located in the beautiful village of Wye, near Ashford in Kent.
If you are looking for a successful and well-established gastro pub & restaurant in a beautiful Kentish village, with the added extra bonus of letting bedrooms and its very own bespoke pizza shed, then look no further than the Kings Head.
Located at the foot of the North Downs in Wye near Ashford, Kent, the Kings Head is a former Victorian coaching inn that boasts a great central location at the heart of Wye village in an area of outstanding natural beauty.
Stripped wooden floors and a fresh, light and airy ambience has been created internally and you will find this business perfectly equipped for purpose and in great condition throughout. The central feature bar servery is surrounded by an open fire and lots of comfy sofas and chairs in the relaxed bar area and there is a more formal restaurant dining area for approx. 40 covers.
Seven beautifully well-kept, ensuite letting bedrooms are located across the first and second floor of the building, together with a private meeting and function room which is laid up boardroom style for 12 delegates. The private accommodation is made up of two double bedrooms with bathrooms on the first floor both of which are currently being utilised by staff and there is also a staff room and housekeeping storage available.
Outside you will find with a pretty undercroft seating area strung with fairy lights to the side of the building and a small courtyard patio area, both of which are a huge hit with the customers all year round.
The final jewel in the Kings Heads successful crown is its recently introduced Kingshead pizza shed which creates handmade, authentic Neapolitan style pizzas for customers to either enjoy in the bar area or to even take away in the village.
Shepherd Neame is now looking for experienced pub & restaurant operators, ideally with previous accommodation knowledge, that can continue to maintain the already excellent standards at the Kings Head whilst continuing to drive it forward. Please contact us for more information on 01795 542132.
Open plan trade area with central feature bar servery, bar area for 10 covers, restaurant dining area for 40 covers. Well equipped trade kitchen. Boardroom style meeting room for 12 delegates on 1st floor. Kingshed Pizza co. in courtyard garden. Staff room & laundry room on first floor
7 ensuite letting bedrooms set out over 1st and 2nd floors. 5 double rooms, 1 family room, 1 single room. All include tea & coffee making facilities and digital TVs
Popular undercroft seating area to the side of the property for alfresco dining and a small court yard patio at the back of the property. Large barn currently utilised for storage
Currently the private accommodation is used for staff and consists of just two bedrooms on the 1st floor - 1 ensuite double bedroom and 1 bedroom with a bathroom next door to it
| Trading deposit | £5000 |
| Contract deposit refundable on day of charge | £500 |
| Repair scheme + monthly payments £50 | £5000 |
| Inventory | £ |
| Stock, glassware, cutlery, crockery, etc Estimated subject to independent valuation by trade broker and stock taker | £5000 |
| Working capital | £5000 |
| Training deposit £750 refundable on completion of training | £1000 |
| Total estimated ingoings | £ |
| Minimum capital considered Based on: Trading deposit + stock, glassware, cutlery, crockery, etc, working capital + training deposits + misc | £21500 |
| Please note: Where only minimal capital is available inventory will be rentalised. | |
| Year 1 | Year 2 | Year 3 | |
| Per anum | £TBA | £TBA | £TBA |
| Per week | £TBA | £TBA | £TBA |
Band
RATEABLE VALUE - £24,500
MULTIPLIER - 0.499
ESTIMATED RATES PAYABLE - £0
NOTE:
Year ending 30 June
| 2017 | 2018 | 2019 | 2020 (Jul 19 - Jan 20) | |
| All beer and cider Barrels |
89 | 99 | 96 | 53 |
| Wine Gallons |
793 | 805 | 807 | 446 |
| PPS Gallons Premium packaged spirits (eg WKD) |
||||
| Traditional Spirits Gallons |
||||
| Minerals Ready to drink litres |
£5,300 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.
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 - 08.00 - 00.00
Friday - Saturday - 08.00 - 00.30
Live music
Monday - Sunday - 10.00 - 23.00