The High Street, Hythe, CT21
Property Details
Property Type
2,820 sq ft
Description
Property Details: • Type: 2,820 sq ft • Tenure: N/A • Floor Area: N/A
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
Location: • Nearest Station: Sandling Station • Distance to Station: 1.6 miles
Agent Information: • Address: 5 Flemming Court, Castleford, WF10 5HW
Full Description: The Butt of SherryPub & Restaurant with Four-Bedroom FlatHythe, KentOffer Over £625,000Opportunity –Busy, successful pub with food in Hythe, KentConsistent year on year growth, fully managed and very profitableFantastic location on the High Street, customer profile is both local and tourist, securing consistent trade throughout the yearLarge four-bedroom flat for owners and or staff. Potential for letting roomsLocation –On the corner of the High Street and Theatre Street, perfected positioned for shoppers, locals and touristsA historic market town with a bustling high street, thriving local population, frequented by tourists throughout the yearHythe 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 applicationInternal Details –The ground floor consists of the bar, lounge, three dining areas, large commercial kitchen, beer cellar and customer toiletsThe first floor is dedicated to the residential accommodation, comprising of four double bedrooms, a huge living room and a family bathroomPlease see the floorplans for further informationOriginally 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 corbelsExternal Details –Fantastic beer garden on the High Street, perfect for watching the world go by whilst enjoying a beverage or twoOne private car parking space to the rear of the propertyPlease 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 yearAccounts for the ending 31st August 2023 show sales of £726,204 delivering an Adjusted Net Profit of £81,030Tenure –Nationwide Business Sales are proud to offer this wonderful, successful; business and property to the market at ‘Offers Over £625,000’
Location
Address
The High Street, Hythe, CT21
City
Hythe
Features and Finishes
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
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