Black Pig

18 Grove Hill Road, Tunbridge Wells, Kent, TN1 1RZ
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Letting Details

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.

Accommodation

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.

Requirements

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.

Estimated Ingoings

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
Packaged (litres) FOT FOT 236.28 130.68
Minerals (10 litres) FOT FOT 107.27 68.22
Spirits (litres) FOT FOT 102.90 44.80
Wines (litres) FOT FOT 2,300.25 1,254.00

Estimated Turnover

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.

Guide Rent

Headline rent £55,000 per annum payable fortnightly in advance by direct debit. Retail Price Indexation applies to rents.

Terms

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 value

Draft 2017 figures £51,800. Please contact the local authority to find out actual rates payable.

Licenses & Permits

Sale of alcohol by retail for consumption on and off the premises, live/recorded music and dance.

Permitted hours

Mon - Thurs: 10.00am - 23.30; Fri & Sat: 10.00am - Midnight; Sun: 11.00am - 23.00.

Current Offerings

Serves Food
Average price of main course £12 to £18
Average price of main course above £18
Sunday Roast
Places to Walk
Garden / Patio
Family friendly
Park the car
Wifi access 

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