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Cross Keys Tunbridge Wells

Pubs & Bars • 236-238 St. Johns Road, Tunbridge Wells, Kent TN4 9XD Management opportunity
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Summary

The Cross Keys is a prominent road side pub on the A26 between Tonbridge and Tunbridge Wells. A large main bar extending into a conservatory, large garden and patio, large catering kitchen plus parking for 10 cars.

Description

The Cross Keys is a prominent road side pub on the A26 between Tonbridge and Tunbridge Wells. A large main bar extending into a conservatory, large garden and patio, large catering kitchen plus parking for 10 cars. The pub traditionally trades all day every day offering classic pub lunches and food early evenings. Key Features • One main bar with 70 covers, conservatory with a further 20 covers, large garden with its own bar and seperate patio plus a fully kitted large catering kitchen. There is also parking for 10 cars. Business & Financial Information • Estimated ingoings (upfront): £9,795 • Full deposit: £9,000 • Agreement fee: £795 • Guide rent (weekly): £692 • Guide rent (annual): £36,000 • Forecast turnover (weekly): £477,431 • Forecast turnover (annual): £477,430 Ideal Operator You will be looking to take on a business that needs taking to the next level - creating your own unique menu and special events whilst still being the centre of the community. This could be your first venture but you will have a proven love of hospitality and business acumen. The biggest garden in the local area just cries out for events such as beer festivals. Private Accommodation 3 bedrooms, lounge, bathroom, kitchen and office Regional Manager's Thoughts I really hope to find an entreupreuneur who sees the opportunity in this great location. Someone who is strong on ideas but also understands the need for community and developing the existing drinks and food menu to a new level. Surrounding Area The pub is located in Southborough on the main A26 between Tonbridge and Tunbridge Wells - some 20 miniutes off Junction 5 of the M25. Rail links to London are just over half an hour from either town. Southborough has many chimney pots plus local business and is a main suburb of Tunbridge Wells. The Tun Wells Grammar School is oppsite the pub with St Johns Sports Centre just around 100 yds away.

Upfront cost

£9,795
Cost type: Upfront

Key facts

Upfront cost
£9,795
Turnover (annual)
£477,430
Rent
£36,000 (annual)

Location

236-238 St. Johns Road, Tunbridge Wells, Kent TN4 9XD
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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