The Elephant 31 The Mall 1,241 SF Retail Building Faversham ME13 8JN $867,546 ($699.07/SF)

A well-established and pro table wet-led Freehouse pub for sale in Faversham, Kent. With a strong turnover of c. £305,000 per annum and a net pro t 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 at.
Trading Performance (YE July 2024):
Turnover: £303,870
Gross Profit: £183,444
Net Profit after Tax: £86,450 (29% margin)
Location
The property is located at 31 The Mall, Faversham, Kent, ME13 8JN, in a prime trading position within the historic market town of Faversham. This independent Freehouse has a unique and distinctive offering. The premises bene t from close proximity to local amenities and enjoy strong footfall from both residents and visitors, making it an ideal opportunity for new owners to continue and further develop this long-standing and successful business.
Accommodation
The property features an attractive and characterful open-plan trading area, kitchen, rebuilt function room, oak extension, and well-maintained beer garden. Known for its ambiance and quality hand-pulled ales and beers, the pub is fully fitted and airconditioned throughout, with a well-kept cellar and equipment. Accommodation above provides a comfortable two-bedroom owner's at, including a separate fitted kitchen, large living space, and modern bathroom. All white goods and equipment are included in the sale. Training and handover support will be provided to the buyer if needed.
Services
All main service are connected & the property has gas red central heating via radiators.
Legal Costs
Each party to be responsible for their own legal costs incurred in the transaction.