For Sale
The Elephant, 31 The Mall, Faversham, Kent, ME13 8JN
0 Sq Ft
£650,000
Property Features
- Established wet-led Freehouse in the heart of Faversham, Kent.
- Independent no tie Free House
- Retirement sale after 20 successful years of ownership
- Two-bedroom owner's accommodation with modern kitchen & bathroom
- Well-maintained premises with attractive ambiance and loyal clientele
- Attractive beer garden and well-maintained cellar with quality equipment
- All equipment and white goods included in sale
Property Summary
A well-established and profitable wet-led Freehouse pub for sale in Faversham, Kent.
With a strong turnover of c. £305,000 per annum and a net profit of c. £88,000 (29% margin), this business has been successfully operated by the same owners for over 20 years, making it a genuine retirement sale opportunity.
The pub has received numerous CAMRA awards and is offered freehold to include fixtures, fittings and equipment, along with a two-bedroom owner's flat.
Trading Performance (YE July 2024):
Turnover: £303,870
Gross Profit: £183,444
Net Profit after Tax: £86,450 (29% margin)
With a strong turnover of c. £305,000 per annum and a net profit of c. £88,000 (29% margin), this business has been successfully operated by the same owners for over 20 years, making it a genuine retirement sale opportunity.
The pub has received numerous CAMRA awards and is offered freehold to include fixtures, fittings and equipment, along with a two-bedroom owner's flat.
Trading Performance (YE July 2024):
Turnover: £303,870
Gross Profit: £183,444
Net Profit after Tax: £86,450 (29% margin)