Lesters Margate
Summary
A traditional detached purpose-built pub, Lester’s boasts a small external drink area with round benches to enjoy the warmer months.
Description
A traditional detached purpose-built pub, Lester’s boasts a small external drink area with round benches to enjoy the warmer months. The pub also boasts a car park to the rear of the pub for 12 vehicles, in a residential position, next to the Queen Elizabeth the Queen Mother Hospital on the outskirts of Margate Town Centre.
Key Features
• A central bar serves two separate trade areas, one small dispense bar which is used for the pub’s restaurant and function room for over 60 covers. While the main bar has table and chair seating, the seating is made up from a mixture of wooden loose and fixed seats, including comfy bar stools. The décor is traditional throughout and comprises a wooden bar, with carpeted and laminate flooring to separate each area. There are two game areas within the pub, one for pool and the other for darts, both prove popular amongst the regular customers.
Business & Financial Information
• Estimated ingoings (upfront): £10,045
• Full deposit: £9,250
• Agreement fee: £795
• Guide rent (weekly): £712
• Guide rent (annual): £37,000
• Forecast turnover (weekly): £544,737
• Forecast turnover (annual): £544,736
Ideal Operator
Lester's is a wonderful pub and a real community asset. I am interested in hearing from those who have good catering experience and the will and ability to embed themselves into local life.
Private Accommodation
A ggod sized three bedroom flat, with a living room and bathroom.
Regional Manager's Thoughts
Lester's is a wonderful pub and a real community asset. I am interested in hearing from those who have catering experience and the will and ability to embed themselves into local life.
Surrounding Area
Margate has been a significant maritime port since the Middle Ages and was associated with Dover as part of the Cinque Ports in the 15th century. It’s become a popular place for holidaymakers, owing to easy access via the highspeed trains from London. Popular landmarks include the sandy beaches and the Dreamland amusement park, Westwood Cross shopping centre and Queen Elizabeth the Queens Mother Hospital.
Upfront cost
£10,045
Cost type:
Upfront
Key facts
Upfront cost
£10,045
Turnover (annual)
£544,736
Rent
£37,000 (annual)
Location
162 Ramsgate Road, Margate, Kent CT9 4EZ
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
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