Description and Trading Style
The Black Pig, in the centre of Tunbridge Wells, is a popular and busy pub for drinkers and diners alike. The food offer is modern British with theme nights, Valentines etc. The Registry office is 5 minutes away which makes good use of the function rooms.
Location and Local Amenities
Tunbridge Wells is an affluent town in Kent situated on the A26 and A21 with a population of approximately 65,000. There are strong train links to London and a good commuter audience for the pub.
Trade: Large bar and seating/dining areas (approx 50 covers), main restaurant (approx 60 covers), 3 function rooms (28, 16 and 12 covers respectively), outside terrace area (approx 30 covers), open plan kitchen. prep room, cellar, office, WC's, one unisex to service the function rooms and stores. Small car park.
Private: There is no private accommodation.
Current and Future Markets
Current customers include local residents, businesses, families, and visitors to the town. New operators should seek to build on the current trade and develop the function side of the business more fully.
We are seeking experienced town centre operators with a strong food offer and good wet experience.
Applicants must have or be able to apply for a Personal Licence.
Circa £19,000 to include a security deposit (3 months of base rent), rent, service charge and insurance advance, stock, glassware, loose goods and training deposit. Fixtures & fittings are circa £20,000 plus Vat and working capital is circa £6,800.
|Trade Volumes (FOT=Free of Tie)||2016||2017||2018||To 6.6.19|
|Foreign Draught and Cider (36 gallon units)||117.73||117.30||108.94||27.26|
|Minerals (10 litres)||FOT||FOT||107.27||68.22|
You will need to estimate the turnover you expect from the pub. The current barrelage is given to assist you with calculations, but you need to estimate the food sales.
Headline rent £55,000 per annum payable fortnightly in advance by direct debit. Retail Price Indexation applies to rents.
Five year renewable tenancy agreements with an additional service charge that covers property insurance, servicing of heating and cellar cooling equipment etc. There is a full wet tie unless agreed otherwise
Rateable valueDraft 2017 figures £51,800. Please contact the local authority to find out actual rates payable.
Licenses & PermitsSale of alcohol by retail for consumption on and off the premises, live/recorded music and dance.
Permitted hoursMon - Thurs: 10.00am - 23.30; Fri & Sat: 10.00am - Midnight; Sun: 11.00am - 23.00.
Current Opening Times
Mon – Thur 12pm – 11pm, Fri – Sat 12pm – 12am, Sun 12pm – 10.30pm Food served: Mon – Thur 12pm – 2.45pm & 7pm – 9.30pm, Fri 12pm – 3pm & 7pm – 10pm, Sat 12pm – 10pm, Sun 12pm – 9pm