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The High Street, Hythe, CT21

Offers Over
£625,000

£221.63 per sq ft

Business rates & charges may apply

Nationwide Business Sales LTD, Castleford
SIZE AVAILABLE

2,820 sq ft

262 sq m

SECTOR

Commercial property for sale

Key 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

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’

Brochures

The High Street, Hythe, CT21

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Sandling Station1.6 miles
  • Channel Tunnel Terminal Station2.5 miles
  • Westenhanger Station2.7 miles

About Nationwide Business Sales LTD, Castleford

5 Flemming Court, Castleford, WF10 5HW

Notes

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Disclaimer - Property reference RX392130. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Nationwide Business Sales LTD, Castleford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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