Property Description
Iconic pub opposite Marlowe Theatre.
Bring your experience in leading a team and building a hospitality business. What would you do with this pub to deliver our retail offer?
The Area:
The Canterbury Tales stands in Canterbury city centre directly facing the busy Marlowe Theatre and just off the historic high street. More than 7,400 adults live within a ten-minute walk, and the area sees heavy daily footfall from tourists, students and theatre audiences. With 73% of residents in the higher-affluence bands and no nearer pub competitor to the theatre, the site is ideally placed to become the go-to traditional pub for pre- and post-show drinks as well as everyday city trade.
The Offer:
The Canterbury Tales is available on our Just Add Talent management agreement. Click here for more information on this agreement.
Under the pub will serve core and premium Heineken beers and ciders, rotating cask, quality wines, spirits, low/-no options and bean-to-cup coffee. The site is wet-led (no food offer), with scope for a simple bar snacks option.
We’re always open to ideas - how would you drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you:
Understanding of the local community.
You know what it takes to deliver a retail offer.
If you’re enthusiastic and retail focused.
You love hospitality and are great with customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
The Canterbury Tales will undergo a refurbishment covering all internal trading space and the exterior.
A full list of works and the pub floor plan can be found in the ‘Refurbishment details’ download.
Main trading area with bar
50 internal covers
HEINEKEN SmartDispense®
Private accommodation consists of one bedroom, a living room, kitchen and bathroom.
Premises license available on request.
Agreement Type
Just Add Talent
Property Facilities
Refurbishment Planned
Live Music
Live Sports
Private Accommodation
Property Financials
Additional Information
The above figures are provided as a guide only and will be finalised as part of the commercial agreement
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT
The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
All figures quoted are exclusive of VAT
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
MISREPRESENTATION ACT 1967
My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.
The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.
