Stag Maidstone
Summary
The Stag Inn is situated on a prominent position in the centre high street of Maidstone in close proximity of all amenities, shops and the main shopping mall. There is a pedestrian walk-way to the rear of the property and pavement to the front of the property.
Description
The Stag Inn is situated on a prominent position in the centre high street of Maidstone in close proximity of all amenities, shops and the main shopping mall. There is a pedestrian walk-way to the rear of the property and pavement to the front of the property. Customer seating is put out in these areas during the daytime.The site has been recently refurbished to a high standard.
Key Features
• Recently refurbished pub60 covers for diningTrade kitchen on-siteThree-bedroom private accommodation ideal for a familyDiscounts of up to £110 per barrel but has an average of £90 per barrel
Business & Financial Information
• Estimated ingoings (upfront): £8,045
• Full deposit: £7,250
• Agreement fee: £795
• Guide rent (weekly): £558
• Guide rent (annual): £29,000
• Forecast turnover (weekly): £459,249
• Forecast turnover (annual): £459,248
Ideal Operator
Seeking an operator with a solid grasp of town centre trading and a strong passion for the food side of the business.
Private Accommodation
4-5 bedrooms, lounge and kitchenette.
Regional Manager's Thoughts
Having been recently refurbished externally, the Stag is in excellent condition throughout and benefits from heavy footfall, being in the heart of busy Maidstone. The pub has a strong local following and its appeal to locals could be further enhanced with a strong, traditional food offering. I am interested in hearing from experienced operators who have the knowledge and skills to develop a successful business in this bustling town centre.
Surrounding Area
The Stag is situated in the centre of Maidstone, surrounded by major retail stores and lies at the heart of the weekend pub circuit. The large multi storey shopping centre and Maidstone East train station are a short walking distance from the pub and attract plenty of passing trade. Maidstone is the county town of Kent, located approximately 32 miles southeast of London.
Upfront cost
£8,045
Cost type:
Upfront
Key facts
Upfront cost
£8,045
Turnover (annual)
£459,248
Rent
£29,000 (annual)
Location
11 Middle Row, Maidstone, Kent ME14 1TG
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
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