Just minutes from the beach front and harbour, the Royal Naval Reserve is a large pub and restaurant that boasts an enviable location in Whitstable town.
New to the market for the first time in over twenty years, the Royal Naval Reserve presents an exciting opportunity for experienced tenants to join Shepherd Neame.
Due to undergo a refurbishment in 2017, we are looking for tenants that can deliver a quality hybrid offer in Whitstable.
Internally the pub boasts a feature bar and large drinking and dining space, a separate mezzanine style restaurant for approx. 30 covers and a good sized trade kitchen to rear of the site. Externally you will find a covered smoking area and a courtyard style garden to the back of the property.
Just five minutes from the beach front and harbour, the Royal Naval Reserve boasts a superb location in the shop filled high street. This vibrant and trendy town is famous for its oysters and it is a magnet for local foodies, day-trippers and weekend visitors.
We are keen to work with new tenants as we embark on an exciting development project at the Royal Naval Reserve.
With a significant investment planned by Shepherd Neame, we are looking for proven food loving caterers that can develop a great business and reposition the Royal Naval Reserve as a popular drinking and dining spot in Whitstable.
To find out more about the proposed development scheme and our future plans for this site please contact the Trade Recruitment Co-ordinator on 01795 542132.
Feature bar servery with large open plan drinking and dining area.
Separate mezzanine style restaurant for approx. 30 covers.
Under cover smoking solution and courtyard style garden to the rear of the property.
The private accommodation is set out over two floors with 2/3 bedrooms, 2 lounges, office and a bathroom.
refundable on day of charge
+ monthly payments £50
|Stock, glassware, cutlery, crockery, etc|
Estimated subject to independent valuation by trade broker and stock taker
£750 refundable on completion of training
|Total estimated ingoings||£40500|
|Minimum capital considered|
Based on: Trading deposit + stock, glassware, cutlery,
crockery, etc, working capital + training deposits + misc
|Please note: Where only minimal capital is available inventory will be rentalised.|
|Year 1||Year 2||Year 3|
Rateable Value 2010 - £10,800
Multiplier 2016/2017 - 0.484
Estimated Rates Payable 2016/17 - £4,182
Rateable Value 2017 - £13,000
Multiplier 2017/2018 – 0.467
Estimated Rates Payable 2017/18 - £2,024
Year ending 30 June
|2015||2016||2017 (Jul-Dec 16)|
|All beer and cider
Premium packaged spirits (eg WKD)
Ready to drink litres
£400 - £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.
Supply of alcohol, background music and provision of late night refreshment.
Monday - Sunday - 10.00 - 00.00
Open to the public
Monday - Sunday - 10.00 - 00.30
Monday - Sunday - 10.00 - 23.00