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The City Of London pub in Dymchurch goes on the market under Kent's average house price

A highly-rated seaside pub has closed and been put on the market – valued at less than the county's average house price.

The City Of London in Dymchurch is being marketed with agents Sidney Phillips after the previous managers decided to move on to a "new project".

The City of London pub in Dymchurch has gone on the market
The City of London pub in Dymchurch has gone on the market

Details on the property's listing describe it as being situated in a town popular with day-trippers.

The boozer shut at the turn of the new year as the then owners decided to move on after running it for several years.

In a message to customers, they said: "After four and a half years of running the City of London, [we] have made the decision to move onto a new project together.

"We are so grateful for all the customers that have helped support us especially throughout lockdown and for all the new friends we have made along our journey."

The public house includes a lower ground floor restaurant, a patio at the back of the pub and four bedrooms for accommodation.

The City Of London pub is located close to Dymchurch seafront. Picture: Google
The City Of London pub is located close to Dymchurch seafront. Picture: Google

The freehold is on the market for £295,000 while the average house price in Kent is £429,877, according to RightMove.

Agents have confirmed the property is under offer.

The City Of London has a 4.5 rating on Tripadvisor with some customers referring to it as a "hidden gem".

Another said: "This pub is a true classic - amazing menu - stunning bitter , the staff are naturally friendly and efficient."

The former owners have expressed their wish for it to continue as a pub.

The boozer, which also has bedrooms upstairs, is on the market for under £300,000
The boozer, which also has bedrooms upstairs, is on the market for under £300,000

"Hopefully a new person can be found to take over from us and our new venture is only in Hythe so we hope you will visit us there," they stated.

This comes as many other pubs across the county have been going on the market.

The Butt Of Sherry in Hythe was listed for more than half a million as the owners look to sell up.

Many other pubs have been forced to close their doors in recent months as they struggle with the cost-of-living crisis.

This includes the award-winning Compasses Inn, near Ashford.

Landlords have suggested heading to the pub on a Friday night for a pint after work has become a thing of the past.

Pub culture has been changing in recent years with the knock-on effects of the pandemic and the recent struggles on families' budgets.

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