Vale Tavern Ramsgate

Ramsgate is a seaside town and civil parish in the district of Thanet in eastern Kent, England. It was one of the great English seaside towns of the 19th century.

Ramsgate is a seaside town and civil parish in the district of Thanet in eastern Kent, England. It was one of the great English seaside towns of the 19th century. In 2021, it had a population of 42,027. Ramsgate's main attraction is its coastline, and its main industries are tourism and fishing. Key Features • A central bar serves two separate trade areas, one currently housing a pool table, but often used for small parties/private functions, while the main bar has table and chair seating. The seating is made up of a mixture of wooden loose and fixed seats, including comfy bar stools. The décor is traditional throughout and comprises a moghogony bar and stained wooden flooring. The are two gaming areas within the pub, one for pool and the other for darts, both prove popular amongst the regular customers. • To the front of the pub is a wide patio area with bench seating and a separate enclosed patio and shelter. To the rear is an extensive, fully enclosed level trade garden, well used in the summer months for parties and functions. Business & Financial Information • Estimated ingoings (upfront): £6,625 • Full deposit: £6,625 • Guide rent (weekly): £510 • Guide rent (annual): £26,500 • Forecast turnover (weekly): £310,825 • Forecast turnover (annual): £310,825 Ideal Operator We would be looking for an experianced community publican, who is looking to take the pub to the next level. This may also be of interest for a dynamic first-time operator.  Private Accommodation Located on the 1st floor, traditional layout, 3 bedrooms, Lounge & Bathroom. Ground floor use of the trade kitchen. Regional Manager's Thoughts The Vale Tavern caters predominantly for locals, with a reputation for catering for small functions and parties, particularly in the summer months, utilising the large trade garden. This opportunity would suit either an experienced publican or someone looking for their first pub. The current trade is almost entirely wet-led, but a simple food offer could be introduced to drive additional revenue. Surrounding Area The Vale Tavern is situated just outside the town centre of Ramsgate in a residential area with neighbouring local shops nearby. The stunning Royal Harbour is just a few minutes’ drive away so there is potential to capture trade from those passing by.