Are you looking to let a pub in the Kent area ? If so The Monks Head Rochester is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Monks Head is one of them and is now available via Love Your Pub!
Why not contact the team today for more information about this venue and how you can take the next step in your hospitality career!
Let A Pub In Kent – The Monks Head Rochester Is Now Available !
The Monks Head is a fantastic semi-detached pub located on Constitution Hill, in a highly populated residential area within walking distance from the town shops and amenities. The pub boasts two bar areas, a conservatory housing a pool table and a large beer garden which can accommodate for around 50 covers, that with some investment has heaps of potential to drive revenue. Stonegate Pub Partners are now looking for either an experienced wet-led publican or someone new to the trade who can integrate with the local community and make use of all the pubs facilitates.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Monks Head Rochester
Overview of Monks Head
The Monks Head is a fantastic semi-detached pub located on Constitution Hill, in a highly populated residential area within walking distance from the town shops and amenities. The pub boasts two bar areas, a conservatory housing a pool table and a large beer garden which can accommodate for around 50 covers, that with some investment has heaps of potential to drive revenue. Stonegate Pub Partners are now looking for either an experienced wet-led publican or someone new to the trade who can integrate with the local community and make use of all the pubs facilitates.
Indoor trading area
The pub currently operates in two traditionally decorated bar areas both of which are joined by a single central bar servery. Each bar is similar in size and offers the capacity for 25-30 covers in each providing a mixture of tables, chairs and bar stools. There is an additional room in the rear conservatory which houses the pool table and games machine, with access to the large beer garden.
Outdoor trading area
To the rear of the pub is a large, paved beer garden which provides seating for around 60 covers. There is potential to develop this area to generate further trade. Investment into outdoor furniture and incorporating a covered area here would allow for all year-round trade and really maximise revenue.
Your living accommodation
The private accommodation is of a good size and is well-equipped, comprising of three bedrooms, a lounge and kitchen.
Surrounding area
The Monks Head pub is positioned in a residential area in Snodland, a friendly town in the borough of Tonbridge and Malling in Kent. The town lies on the River Medway, between Rochester and Maidstone and is approximately 27 miles from Central London. Local amenities include small businesses, food establishments, a primary school and a community centre.
Local competition
- New Bell Inn,High Street, Rochester, ME2 1BZ (1.1 mi)
- Medway Inn,High Street, Rochester, ME1 3XB (1.4 mi)
- Homeward Bound,High Street, Rochester, ME2 1BY (1.4 mi)
- Foresters Arms,High Street, Rochester, ME1 3UP (1.5 mi)
- Toastmasters Inn,Church Street, Rochester, ME1 3SB (1.6 mi)
Let A Pub In Kent – The Monks Head Rochester Is Now Available !
The Monks Head Rochester
Potential Turnover
£469,000.00 per annum
This is our estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Partnership Terms
Guide Rent: £33,000.00 per annum, payable weekly in advance.
Based on discount scheme PARTNERSHIP BAND K
The proposed agreement: Retail Partnership Tenancy
(Key terms available online here) however we are prepared to discuss other Partnership agreements.
We will also discuss, your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital start-up
£12,750.00 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit (calculated as 25% of £33,000.00), refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital – the amount will be dependent on your business plan.
Estimated fixtures & fitting value
£8,000 (excl VAT)
To be discussed with the Regional Manager.
Rateable Value
£35,100
Uniform Business Rate April 2017 47.9p (England) 47.9p (Wales). To establish the rate payable, please contact the relevant Local Authority.
For further information regarding the April 2017 revaluation, please visit www.tax.service.gov.uk/view-my-valuation/search
The Monks Head Rochester
Regional Manager’s thoughts on the Monks Head
The Monks Head is a wet-led community pub that benefits very well from the locals that reside in the surrounding area. The pub is popular for pub games and refreshing beer and offers a large beer garden. This is a great opportunity for either an experienced wet led publican or a great site for a new starter. There is scope to build on the community relations and develop the sports offer to maximise revenue.
Matt, Regional Manager
