Pub/bar for sale
The High Street, Hythe CT21
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Over £80k net profit
- Superb Pub
- Free-of-Tie
- Excellent reputation
- Consistent growth
- Four-bed flat
- Freehold
- Very profitable
- Over 260 sq/m
- Corner plot
Property description
The Butt of Sherry
Pub & Restaurant with Four-Bedroom Flat
Hythe, Kent
Offer Over £625,000
Opportunity –
Busy, successful pub with food in Hythe, Kent
Consistent year on year growth, fully managed and very profitable
Fantastic location on the High Street, customer profile is both local and tourist, securing consistent trade throughout the year
Large four-bedroom flat for owners and or staff. Potential for letting rooms
Location –
On the corner of the High Street and Theatre Street, perfected positioned for shoppers, locals and tourists
A historic market town with a bustling high street, thriving local population, frequented by tourists throughout the year
Hythe sits on the Kent Heritage Coast
Development –
The four-bedroom flat could be used as either letting rooms or converted into one large or two smaller holiday lets, subject to a successful planning application
Internal Details –
The ground floor consists of the bar, lounge, three dining areas, large commercial kitchen, beer cellar and customer toilets
The first floor is dedicated to the residential accommodation, comprising of four double bedrooms, a huge living room and a family bathroom
Please see the floorplans for further information
Originally four cottages, The Butt of Sherry is a Grade II Listed building, the listing is –
C18 or earlier. 2 storeys and basement colour-washed. Hipped old tiled roof. 4 sashes with some glazing bars intact. Cambered doorcases with some vestigial stone weather hoods. The rear elevation has a roof in 3 hips. The portion fronting the High Street has been modernised but it contains beams and 2 Mediaeval carved angel corbels
External Details –
Fantastic beer garden on the High Street, perfect for watching the world go by whilst enjoying a beverage or two
One private car parking space to the rear of the property
Please see the aerial photographs
Financials –
The Butt of Sherry is a very successful business showing consistent annual growth of nearly 10% per annum year on year
Accounts for the ending 31st August 2023 show sales of £726,204 delivering an Adjusted Net Profit of £81,030
Tenure –
Nationwide Business Sales are proud to offer this wonderful, successful; business and property to the market at ‘Offers Over £625,000’
For more information about this property, please contact
Nationwide Business Sales, WF10 on +44 113 427 5931 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Nationwide Business Sales, and do not constitute property particulars. Please contact Nationwide Business Sales for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.