If you are looking to lease a pub in Folkeston, The Valiant Sailor is available !
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Lease A Pub In Folkeston – The Valiant Sailor Is Available !
The Valiant Sailor, is a pretty, detached pub, located in the village of Capel Le Ferne which is on the outskirts of Folkestone. The village itself is well known for its Battle of Britain Memorial Museum which is located next door. Giving easy access to the nearby M20, tourists can follow the main route into the Port of Dover and onto the North Downs, a popular walkers and ramblers path plus the beautiful Abbottscliffe Beach is only five minutes away.
Pub Layout
The entrance to the Valiant Sailor is through a small porch area leading to the main lounge and bar with a further dining area beyond. There is also a dedicated area for pool and darts. Beautiful traditional beams and a log fire create a warm and welcoming ambience. A fully equipped catering kitchen on the ground floor gives easy access for service. The Valiant Sailor also offers plenty of parking and a beautiful large beer garden.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The pub is a traditional drinkers and diners venue with customers visiting regularly from the village and further afield to enjoy the quality of the offer and the high standard of service. A large area of the pub allows internal dining and when the weather is good this is enhanced by the large beer garden. Community values and a wholesome family environment are at the heart of the Valiant Sailor.
Private Accommodation
The private accommodation is located on the first floor and includes a lounge, bathroom, three bedrooms, office and plenty of store rooms.
Annual Rent: £27,500
Security Deposit: £5,000
Working Capital: £5,000
Stock: £4,000
F&F: Approximately £14,000. Funding options may be available.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
Additional Info
Annual Rent – This is our lowest rent figure associated with a Full Tie. If the tie is reduced the effective rent (via Tie Release Fees) will increase. Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.
Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property. Our standard deposit is 25% of the headline rent. On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.
Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business.
Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.
Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme. Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.
Service Charge Cost – £60.89 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement. This also includes full access to e-learning for you and your staff.
*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
Ingoing Cost: 14000
Annual Cost: 27500
We are seeking a dynamic operator or couple to continue to build on the reputation of the pub for good value for money food, which will in turn help to increase footfall from the wider area. You will be experienced, with a strong food background and excellent front of house standards to build upon the business development at this site which has already grown in the last three years.
