The Butt Of Sherry, The High Street, Kent

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’