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The Elephant, 31 The Mall, Faversham, Kent, ME13 8JN

£650,000

Business rates & charges may apply

Azure Property Consultants Ltd, Kent
SIZE

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SECTOR

Commercial property for sale

Key features

  • Established wet-led Freehouse in the heart of Faversham, Kent.
  • Independent no tie Free House
  • Retirement sale after 20 successful years of ownership
  • Two-bedroom owner's accommodation with modern kitchen & bathroom
  • Well-maintained premises with attractive ambiance and loyal clientele
  • Attractive beer garden and well-maintained cellar with quality equipment
  • All equipment and white goods included in sale

Description

A well-established and profitable wet-led Freehouse pub for sale in Faversham, Kent.
With a strong turnover of c. £305,000 per annum and a net profit of c. £88,000 (29% margin), this business has been successfully operated by the same owners for over 20 years, making it a genuine retirement sale opportunity.
The pub has received numerous CAMRA awards and is offered freehold to include fixtures, fittings and equipment, along with a two-bedroom owner's flat.

Trading Performance (YE July 2024):
Turnover: £303,870
Gross Profit: £183,444
Net Profit after Tax: £86,450 (29% margin)


The property is located at 31 The Mall, Faversham, Kent, ME13 8JN, in a prime trading position within the historic market town of Faversham. This independent Freehouse has a unique and distinctive offering.
The premises benefit from close proximity to local amenities and enjoy strong footfall from both residents and visitors, making it an ideal opportunity for new owners to continue and further develop this long-standing and successful business.

Available upon request

Each party to be responsible for their own legal costs incurred in the transaction.

Brochures

The Elephant, 31 The Mall, Faversham, Kent, ME13 8JN

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Faversham Station0.2 miles
  • Selling Station3.2 miles
  • Teynham Station3.8 miles

About Azure Property Consultants Ltd, Kent

Bradstowe House 35 Middle Wall Whitstable CT5 1BJ

Based in the heart of Whitstable, Azure Property Consultants has been delivering expert property services across Kent and the UK since 2003. As an RICS-regulated firm, we specialise in commercial agency, investment advice, asset and block management, and lettings — managing over 500 tenancies and £80m in assets nationwide. Our experienced team combines local knowledge with a personal, results-driven approach to help you achieve your property goals with confidence.

Notes

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Disclaimer - Property reference 18FH. 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 Azure Property Consultants Ltd, Kent. 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.

Map data ©OpenStreetMap contributors.

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