The Three Horseshoes is a traditional Kent-style pub, built with brick and timber cladding, located in the charming village of Mongeham on the outskirts of Deal. The village has its roots in farming but is now home to a mix of retirees and professionals, giving it a friendly, close-knit feel. Tucked away just 300 metres from the main road and surrounded by other villages, the pub enjoys a peaceful setting while still being easily accessible. Its character and setting make it well-suited to serve the local community and attract visitors from the wider area. Pub Layout The Three Horseshoes has a single, open-plan bar with a pool table at one end and a dedicated darts area, creating a lively and sociable space. To the right of the bar is the games area, while to the left there’s a mix of booth seating and loose furniture, offering a comfortable setting for all customers. There are two entrances to the pub: one from the small car park at the gable end, which leads directly into the main bar area, and another at the front of the building, accessible from the main road. Outside, the pub boasts a large beer garden and patio space, providing plenty of room for outdoor events and gatherings. Behind the bar, there’s access to the cellar and a small prep area that could support a simple back-bar food offer. Trading Style: The pub currently trades well, particularly through events and external bookings, and is a popular hub for local groups and teams. While food is currently only provided for teams, there’s plenty of potential to expand this offering. Introducing options like small plates, sandwiches, and cheese or charcuterie boards could enhance the customer experience and help grow the business further. The current drinks range is a well-balanced mix of standard and premium options, appealing to both regulars and visitors. Accommodation: Private Accommodation The private accommodation is in good order with 3 bedrooms, a lounge, kitchen and bathroom Financial: Annual Rent: TBC Security Deposit: £5,000 Working Capital: £4,000 Stock: £2,500 Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee. Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee. For a breakdown on financial information, please refer to the ‘Additional Info’ tab. BDM Vision: Ideally, the pub needs someone who’s ready to get involved with the local community and help make it a central hub for village life. While food could play a role in the overall offer, it would be a smaller element aimed at boosting footfall and driving additional sales. There’s also scope to evolve the offer further, introducing more premium products in line with current market trends. This opportunity would suit someone already connected to the community, or someone looking to take their first step into the pub trade with a hands-on and community-led approach. Additional Information: Annual Rent – This is our lowest rent figure associated with a Full Tie. If the tie is reduced the effective rent (via Tie Release Fees) will increase. Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed. Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property. Our standard deposit is 25% of the headline rent. On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement. Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business. Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened. Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture. Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee. Training – £350.00 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme. Held online over two days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step. Service Charge Cost – £63.33 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement. This also includes full access to e-learning for you and your staff. *Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied for by the licensee and the licensee only occupying one property for commercial purposes. Please note, this only applies to pubs marked with an Asterix *