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Run a Stonegate Pub
3 months ago
The Greyhound Hotel is an impressive traditional pub that lies in the heart of the busy market town of Wadhurst. Currently operating from one bar with a separate restaurant area, an extensive garden, patio with benched seating, function room and five en-suite letting rooms make this a fantastic opportunity for an experienced operator. The bar area has a traditional feel with cosy open fire place, providing room for 40 covers. On the first floor is the large function room which can be utilised for private dining or events. The five en-suite letting rooms are located in the adjacent building and a great way to drive additional revenue. There is a good-sized catering kitchen equipped for a variety of menu needs, something the new publican will need to develop. The private accommodation offers a good space for family living with three bedrooms, a lounge and kitchen. Externally, there is a large, grassed area, an adequately sized decking area and a large brick-built BBQ all of which can be accessed via the bar. To the front of the pub there is a paved and gravelled area for a further 40 covers. A free council owned car park lies next door to the pub which guests can use.
Business Information
Agreement: Fixed Term Tenancy
Capital Startup: Est. £26000
Fixtures / Fittings: Est. £15000
Guide Rent: £48000 pa
Potential Turnover: £536827 pa
Regional Manager's Thoughts
Wadhurst is a market town in East Sussex which lies six miles south east of Tunbridge Wells, at the crossroads of the B2100 and the B2099. With a long high street of tile-hung cottages and many independent shops and businesses, the Greyhound is positioned with plenty on its doorstep. Wadhurst’s main line rail station also gives access to London in under an hour providing a great network to and from the capital.
Surrounding Area
The Greyhound is located in the centre of the town, on the corner of the high street with plenty of passing trade opportunities. This is the only business with letting rooms available in the town which is a real USP for this site. Complimented by a separate dining area and a community bar with cosy open fires this is a fantastic opportunity for an experienced operator who can further develop the food opportunity alongside being the local community pub.