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Queen Street Tap Deal

Pubs & Bars • 42-44 Queen Street, Deal, Kent CT14 6EY Management opportunity
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Summary

On the corner of Queen Street and West Street just off the Town Centre and only 300 meters from the seafront and 100 meters from Deal Mainline Rail Station sits The Queen Street Tap, a friendly local pub and hotel with 8 ensuite rooms.

Description

The Queen Street Tap is currently a Managed House with a sports focus and additional regular late-night weekend activities such as the weekly DJ and Karaoke sessions that benefit from its 2 am late licence on Friday and Saturday. It is a popular venue with town centre workers, shoppers, residents, tourists and leisure visitors alike be it to just hang out during the day or after work it’s an excellent venue for watching Sports and enjoying the DJs on a Friday or Saturday night, whatever reason you visit you can enjoy pub food and a great selection of wines, spirits, real and craft ales at The Queen Street Tap. You enter The Queens Street Tap via the front central doors and directly ahead of you along the rear wall is the large L-shaped 12-meter bar servery. This ground floor trading space is open plan and openly flows to the right with high bar stools and tables, a Pool table and a sports viewing area that also hosts the weekend DJ activity. To the left side of the pub is a casual seating layout with a mix of dining tables and chairs, fixed banquets, 2booths with TVs and a large circular window seat.  In all the internal layout accommodates circa 90 seated covers with a max venue capacity of circa 150. On the first floor and accessed via the rear patio garden external staircase are the 8 double/twin rooms all with ensuite shower rooms. To the front is a double-fronted terrace with approx. 30covers and at the rear is the courtyard patio garden with 10 benches and covered booths accommodating approx. 60covers. As a venue, The Queen Street Tap holds a reputation throughout Deal as the place for Late Night Entertainment and Sports viewing! Its open-plan bar space is perfect for creating both a high-energy night-time entertainment vibe yet also a lower-key daytime environment great for getting a drink and a bite to eat with friends. With its great sound system, 8 TVs and projection screen it consistently creates a reason for people to visit and catch the big sporting events or enjoy a Big Night Out with friends, it is especially popular with football fans on TV match days. Current weekly activity includes a popular Quiz Night, Pool, DJs and Karaoke on Fridays and Saturday evenings utilising the 2 am licence. Key Features • Prime location, popular for daytime visitors, sports viewing and Big Nights Out • Fully fitted trade kitchen • 2am licence on Fri/Sat, sites like this rarely come to market! • 8 ensuite letting rooms • Turnkey operation ready to go! Business & Financial Information • Estimated ingoings (upfront): £11,275 • Full deposit: £10,500 • Agreement fee: £775 • Guide rent (weekly): £808 • Guide rent (annual): £42,000 • Forecast turnover (weekly): £708,246 • Forecast turnover (annual): £708,246 Ideal Operator We are seeking an experienced independent single/multiple operator who is big on food, sports and entertainment and has the vision to develop this already great pub and hotel with all its features to maximise its potential and appeal to the local business, residential and tourist markets. You will be a successful proven operator with a history of developing and delivering city centre operations, food, drink and entertainment that meet the local market opportunity. Private Accommodation There are 8 commercial letting rooms on the first floor, no additional personal or manager accommodation. Regional Manager's Thoughts This is the first time that this currently Managed House has become available for a Tenancy Agreement. The Queen Street Tap enjoys a great reputation for sport and entertainment and is a great opportunity for an independent operator to make their mark and take on an already great pub and hotel business, add their touch and develop the site further. Ready to go as a “turnkey operation”, it is an opportunity not to be missed! Surrounding Area With its castle, quaint streets and houses Deal is a historic and stylish seaside resort town on the southern Kent coast. Just 8 miles northeast of Dover and 8 miles south of Ramsgate, Deal benefits from well-connected transport links being served by high-speed mainline rail services to London and relatively easy access via the A256 onto the A2/M2 just a few miles away.

Upfront cost

£11,275
Cost type: Upfront

Key facts

Upfront cost
£11,275
Turnover (annual)
£708,246
Rent
£42,000 (annual)

Location

42-44 Queen Street, Deal, Kent CT14 6EY
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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