The Orb pub in Margate will be closing this month.
The Shepherd Neame boozer on Ramsgate Road has been sold despite only being taken over by new managers in January,
The pub freehold was being marketed for £225,000.
In a message to customers the current landlords, who had moved down from London to take on the business, said: “Just to let everyone know that sadly The Orb pub has been sold and most probably will not be opening as a pub ever again, so I have been informed.
“To those who would like to say goodbye to The Orb and have one last drink here, there will be a little gathering for people to say bye on Friday 11th August.
“As we are shutting down we will be limited to stock but if you would like to have one last the time to do it is from now till August 11.”
The Orb is the latest Shepherd Neame pub to be sold off on the isle.
In April The Sportsman pub at Cliffsend, previously run by Teresa Kirk and Ronnie Mark, called last orders after being put on the market with a guide price of £250,000 plus VAT.
It is believed the pub will be flattened and housing will be built on the site.
They join a long list of Thanet pubs that have shut their doors for good, including The Derby Arms, Blazing Donkey, Swiss Cottage and Admiral Fox in Ramsgate, The Rose in Broadstairs, The Dog and Duck in Westbrook and The Holly Tree pub in Margate to name just a few.
In better news the Waterfront bar in Ramsgate’s Harbour Parade is due to reopen tonight (August 5).