Run a Stonegate Pub - Cardinals Cap Canterbury, Kent

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About the Pub

The Limes Lounge is situated in stunning Canterbury close to the city walls with a refurbishment soon to take place. This pub is a fantastic opportunity to be involved in a new investment opportunity as there is a planned internal refurbishment in this venue. Currently, the site has an open planned trading area with a bar, feature fireplace and kitchen. The external area has an enclosed patio area in a courtyard style. This blank canvas space has the chance to be developed into the heart of the local community bringing in trade from the surrounding areas. There is a 40k investment on this site to transform the internal space. Stonegate Pub Partners are seeking a publican who wants to build on the relationship with the local community and transform this venue into their own.

Business Information

Agreement: Retail Partnership Tenancy
Capital Startup: Est. £7500
Fixtures / Fittings: Est. £7000
Guide Rent: £12000 pa
Potential Turnover: £246000 pa

Regional Manager's Thoughts

Customers will be mainly locals, with students and people working in the immediate surrounding area representing key target markets. There is great potential to market the business to appeal to tourists and visitors to the city. A daytime coffee offer will complement the drink offer, and some very basic, simple food will add turnover and footfall.

Surrounding Area

Canterbury is a vibrant university city with a high population of students from the two universities based here. In addition, it is a busy tourist destination and with road links to the M2, it is easily accessed from further afield.

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