LICENCE INFORMATION BENEFITS OF A SHEPHERD NEAME HOURS AUTHORISED BY THE TENANCY PREMISES LICENCE Potential • A traditional family culture which promotes development Supply of alcohol Sunday - Thursday 10.00 - 00.00 a true partnership on a pub basis. Friday - Saturday 10.00 - 02.00 • A low cost and rewarding opportunity to run at this your own business. Supply of late night refreshment • No premium to pay for the goodwill site Sunday - Thursday 23.00 - 01.00 of the business. Friday - Saturday 23.00 - 03.00 • A three yearly rent reveiw allowing you to plan and invest for the future. Open to the public • Building insurance provided by the Brewery at Sunday - Thursday 10.00 - 01.00 The Early Bird Friday - Saturday 10.00 - 03.00 no additional cost. • Significant support offered including structural Minor Centre, Grovewood Drive North, Weavering, Maidstone, Kent, ME14 5TQ Live music maintenance, signage and external decoration. Sunday - Thursday 10.00 - 23.30 • A clearly defined exit route requiring only six Friday - Saturday 10.00 - 00.00 months’ notice with no penalties incurred. The Early Bird is a large pub and restaurant that is • Your personal Business Development Manager. attractively designed in the form of a Kentish Oasthouse Specific conditions that apply: • Food Development Chef to assist you with your in Maidstone. Well-appointed in a shopping precinct Not applicable. menu development and food offerings. in Weavering village, it sits directly opposite a large • Wine Sales Development manager to help you supermarket and is surrounded by Grove Green and Bearsted Park Estate. AGREEMENT OVERVIEW devise and tailor your wine lists for the pub. • Trade Quality Services support to assist you with Internally the Early Bird has a feature bar with multiple • This pub is being offered on a traditional rolling any quality issues or questions you may have. tenancy agreement that is subject to a three • The Property Helpdesk, always on hand for any open plan trade areas to include; a main bar area, year rent review. property questions and support. restaurant space, conservatory, upper and lower • This agreement is covered by the ‘Landlord & • Digital Marketing/Web Support, provide your Oasts and a first function room for up to 60 covers. Tenant Act’. personal website and social media support Externally there is a courtyard style garden area, • This is a fully tied agreement across all beer, and set up. private customer car parking and additional customer cider, wine, PPS, spirits and minerals. • One year’s free online CPL training provided parking at the front of the property within the main • Any deviation from the standard terms outlined shopping area. above should be discussed at interview stage with for you and your team including nationally your designated Business Development Manager. recognised courses. • Please note that we require all licensees to pass • £1000 training deposit built in to your pub’s Currently the Early Bird operate food six days per the Pre-Entry Awareness Training Course (PEAT) a ingoing costs to cover following courses, £750 week and it plays host to a diverse customer base to minimum of five days before you can attend a will be refunded on completion of mandatory include the local community, customers attending formal shortlist interview with us. Please ask us for courses required: their regular live music and quiz nights and hungry more information about PEAT if required. • BII Award for Personal Licence Holders (APLH) families looking to dine locally. It is used as a meeting • You can see our code of practice at the • BII Pre Entry Awareness Training (PEAT) point for local running and car clubs and they host following website link: regular functions and events. www.shepherd-neame.co.uk/join-us/run-pub/code-practice • CIEH Food Safety in Catering (Level 2) • BII Award in Beer and Cellar Quality • CIEH Health and Safety in the Workplace (Level 2) The Early Bird has great potential for growth on both • Financial Management sides of the business; it presents experienced caterers a real opportunity to develop and establish this business as a popular drinking and dining spot in Weavering. Please contact us for more information or to arrange a formal viewing on 01795 542132.

These figures were accurate at the date of printing of particulars (November 2016) Please enquire at interview if there havebeenany 120 covers Garden parking substantial changes. The particulars are set out as a general outline only for the guidance of potential tenants and do not constitute part of an offer or contract. All descriptions (including photographs), dimensions, reference to condition and necessary permissions for use and occupation and other details are given in good faith and believed to be correct but any potential tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the Key Features employment of Shepherd Neame Limited has any authority to make or give any representation or warranty whatsoever in relation to the property. • Large Oasthouse design pub & restaurant • Well located in a busy shopping precinct • Able to cater for up to 120 covers • First floor function room for 60 covers 17 Court Street Faversham Kent ME13 7AX • Courtyard garden T. 01795 538907 • On-site customer car parking • Large private accommodation (2 flats) www.shepherd-neame.co.uk

Contact at brewery Shelley Castle Trade Recruitment Co-ordinator [email protected] T. 01795 542132 CAPITAL REQUIREMENTS TRADING INFORMATION BAR Estimated capital requirements Trade Year ending 30 June Feature bar servery with multiple open plan trade areas, TRADING DEPOSIT £5,000 catering for approximately 120 covers. 2014 2015 2016 CONTRACT DEPOSIT Refundable on day of change £500 ALL BEER & CIDER 213 204 158 Barrels DILAPIDATIONS + Monthly payments £50 £1,000 DISPENSE MONITORING EQUIPMENT 32 Draught beers & ciders - last 12 wks KITCHEN & DINING INVENTORY £16,000 Barrels STOCK, GLASSWARE, CUTLERY, Main bar area (30 covers*), main restaurant (40 covers*), CROCKERY ETC WINES 276 291 262 Gallons conservatory (20 covers*), upper oast (30 covers*), Estimated subject to independent PPS lower oast (pool table area for 30 covers*) and first valuation by trade broker and stocktaker £3,500 Gallons floor function room (60 covers*). Premium packaged 11 1 13 spirits (eg WKD) Trade kitchen. WORKING CAPITAL £3,000 *the above figures are based on approximate number of sit down covers TRAINING DEPOSIT TRADITIONAL SPIRITS 28 12 22 £750 refundable on Gallons completion of training £1,000 MINERALS 2691 2493 2292 OUTDOOR & PARKING Ready to drink litres TOTAL ESTIMATED INGOINGS £30,500 Outdoor courtyard garden area to the front of the property. ESTIMATED FOOD TURNOVER MINIMAL CAPITAL CONSIDERED £800 - £1000 per week approximately On site customer car parking. Shepherd Neame has no access to the tenant’s food MINIMAL CAPITAL CONSIDERED turnover figures. Please note this figure is estimated as Based on : trading deposit + stock, accurately as possible at November 2016. glassware, cutlery, crockery, etc, working capital + training deposits + misc. £14,500 ESTIMATED AWP PROFIT

PRIVATE ACCOMMODATION Please note: Where only minimal capital is available (Amusement with prizes) inventory will be rentalised. £4,500 - £4,750 per annum approximately The tenant private accommodation is made up of two self-contained flats. Flat 1 - Two bedrooms, kitchen, lounge and bathroom. Flat 2 - One bedroom, lounge and bathroom. RENT AND CHARGES COUNCIL TAX Rent BAND B (Maidstone Borough Council)

YEAR 1 YEAR 2 YEAR 3 NON DOMESTIC BUSINESS RATES PER ANNUM £42,120 £43,368 £45,240 TRADE FLOOR PLAN RATEABLE VALUE 2010 Restaurant £35,500 PER WEEK £810 £834 £870 Small Business Rate Relief applied NO Freezer Dry Office Managers Room Kitchen Acc. Store 0.497 Additional Charges MULTIPLIER 2016/2017 £17,644 Bar Lobby Lobby SERVICE CHARGE £780 per annum ESTIMATED RATES PAYABLE 2016/17

Spirit Store £36,500 Store RATEABLE VALUE 2017 Cold Cellar COOLER RENTAL £390 per annum - 2 x doubles MULTIPLIER 2017/2018 0.467 Area not Ladies surveyed, £17,046 Stairwell assumed POOL TABLE £520 per annum ESTIMATED RATES PAYABLE 2017/18 WC boiler room. FP •The estimated rates payable are based upon the Bar Disabled WC assumption that the tenant occupies maximum one pub Gents and therefore qualifies for small business rates relief. Apart WC COFFEE MACHINE £936 per annum from relevant multipliers and small business rate relief, no Mezzanine other reliefs have been applied. Level •It has been recommended that the prospective new Bar tenant checks the rates payable and any other relief prior to completing a financial plan.