The Lobster Smack sits directly behind the sea wall on the north bank of the Thames Estuary at the junction with Holehaven Creek. A historic shiplap clad pub that’s one of the oldest and most famous buildings on Canvey Island and its oldest pub, it was reputedly a smugglers' haunt and was known to Charles Dickens who used it as a model for a lonely marshland public house in Great Expectations.
Popular with locals, walkers and their dogs and tourists alike The Lobster Smack is currently a Managed House operating under our Heritage Pubs branding and now for the first time is available for a 5year Tenancy Agreement.
Famous as a lunch destination spot across the week and particularly at the weekend, and also for its garden in the summer. The current weekly activity at the Lobster Smack includes a popular Tuesday Bingo Night and Wednesday Quiz Night hosted in the upstairs function bar.
On entering the pub from the main central entrance to the left the pub is more formally laid out in a dining style and has circa 45covers whilst to the right side is the main bar area with circa 35covers. Throughout the whole premises are original beams, partitions, and panelling. The fully fitted trade kitchen is on this level.
Up on the first floor with its own independent entrance is the function room, fully self-sufficient with its own bar and toilets. Popular with bookings for meetings, weddings and parties as well as hosting the Lobster Smacks weekly bingo and quiz nights, depending on the seating lay out adopted can accommodate circa 60covers seated and up to 100covers more informally.
Outside, to the front and side of the pub is a generous garden and patio area that has its own external bar and a children’s play area. A mix of patio tables and chairs along with 8, 6 and 4 seat traditional picnic-style tables allow for circa 200 external covers!
The site also benefits from car parking for approx. 50 vehicles.
None, this is a lock up site.
Forecast Turnover: £1,071,911.09
Year 1 Rent: £0.00
Guide Rent: £97,000.00
Initial Deposit: £0.00
Full Deposit: £24,250.00
Full Tie Release: £88,750.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £45,000.00
Working Capital: £55,500.00
Stock & Glassware: £8,000.00
Cash Float: £2,000.00
Turnover Rent: £42,876.44
Turnover Rent %: £4.00
Forecast Wet Turnover: £568,110.82
Forecast Dry Turnover: £503,800.28
Forecast Other Turnover: £0.00
The Lobster Smack is ready to go as a “turnkey operation” and this is the first time it has been available to the Tenancy Market, such an opportunity very rarely comes up.
An already established and a well-known historic pub, the Lobster Smack is a fantastic opportunity for an operator who is ready to drive a quality family friendly food offering in a destination site and utilise the first-floor bar/function space. Combine this with localised events and outreach and you have an even more famous landmark in the making.
Due to the high level of interest expected, I strongly recommend that you contact us promptly to avoid any disappointment.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
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Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
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The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
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MISREPRESENTATION ACT 1967
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