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 High Street and Theatre Street, perfectly positioned for shoppers, locals and tourists
A historic market town with a bustling high street and 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 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 stories and basement were color-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 of 3 hips. The portion fronting High Street has been modernized, but it contains beams and 2 medieval-carved angel corbels
External Details:
Fantastic beer garden on 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 year, year on year
Accounts for the period ending August 31, 2023 show sales of £726,204, delivering an Adjusted Net Profit of £81,030
Tenure –
Nationwide Business Sales is proud to offer this wonderful, successful business and property to the market at ‘Offers Over £625,000’
* Over £80k net profit
* Superb Pub
* Free-of-Tie
* Excellent reputation
Consistent growth
* Four-bed flat
* Freehold
* Very profitable
* Over 260 sq/m
