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Smack Inn

Middle Wall, Whitstable, Kent, CT5 1BJ

Just a stones throw from the main beach front and harbour, the Smack Inn is located just one road back from the high street in the beautiful seaside town of  Whitstable, Kent.

 

Key features

  • Complete refurbishment programme in 2015
  • Refurbished 2 bed tenant accommodation
  • Open plan bar, drinking and dining space
  • Large beach themed trade garden
  • Available June 2018

Floorplan

THE SMACK INN 

Just a stones throw from the main beach front and harbour, the Smack Inn is located just one road back from the high street in the beautiful seaside town of  Whitstable, Kent.

In 2015 the Smack benefited from a  full refurbishment scheme to include the pub exterior, all internal trade areas, the garden and the tenants private accommodation, so you will still find this property in great order throughout.

Internally one feature bar services the open plan drinking and dining area and there is a well equipped trade kitchen on site.

The large back garden proves a popular feature at the Smack with its quirky beach theme, decking and beach hut style covered seating.

The Smack currently plays host to a diverse customer base including the loyal community locals and passing trade from day-trippers to this charming seaside town. It is also a popular live music venue in Whitstable with an eclectic mixture of music on offer most weeks.

There is no existing food offer available at the Smack, but this site certainly presents incoming tenants the opportunity to implement a limited menu moving forward.

Available in June, 2018, this site would suit experienced operators that are keen to establish themselves at the heart of a great community pub in a thriving coastal town.

For more information call the Trade Recruitment Co-ordinator on 01795 542132.

BAR

Feature bar servery with seating area to the rear of the building

KITCHEN & DINING 

Recently installed well equipped trade kitchen

OUTDOOR & PARKING 

Large beach themed trade garden to the rear of the property with beach-huts

PRIVATE ACCOMMODATION

Recently refurbished private accommodation laid out over two floors to include; Two double bedrooms, one single bedroom, two bathrooms, kitchen/diner, lounge and office

Capital Requirements

Estimated capital requirements

Trading deposit£5000
Contract deposit
refundable on day of charge
£500
Dilapidations
+ monthly payments £50
£1000
Inventory£14500
Stock, glassware, cutlery, crockery, etc
Estimated subject to independent valuation by trade broker and stock taker
£2000
Working capital£2000
Training deposit
£750 refundable on completion of training
£1000
Total estimated ingoings£26000

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 - £11,750

Multiplier 2018/2019 – 0.466

Estimated Rates Payable 2018/2019 – £0

  • The estimated rates payable are based upon the assumption that the tenant occupies maximum one pub and therefore qualifies for small business rates relief. Apart from relevant multipliers and small business rate relief, no other reliefs have been applied.
  • It has been recommended that the prospective new tenant checks the rates payable and any other relief prior to completing a financial plan.

Trading information

Trade

Year ending 30 June

2015 2016 2017 2018 (July-Dec 2017)
All beer and cider
Barrels
90 141 122 68
Wine
Gallons
178 267 205 139
PPS
Gallons

Premium packaged spirits (eg WKD)
6 11 13 6
Traditional Spirits
Gallons
18 1 3 45
Minerals
Ready to drink litres
703 7 39 536

Estimated food turnover

No current food offer 

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 - 10.00 - 23.00
Friday - Saturday - 10.00 - 00.00

Open to the public

Sunday - Thursday - 10.00 - 23.30
Friday - Saturday - 10.00 - 00.30

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 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