No longer on the market
This property is no longer on the market
Map
Area statsRestaurant
Let agreed
Restaurant
802 sq ft / 75 sq m
Letting details
- Furnished
Features and description
- Award Winning
- Premium of £69,950
- Tea Rooms for over 100 years
- Eligible for Small Business Rates Relief
This triple award winning established Tea Rooms set in the chocolate box village of Chilham, only 6 miles from Canterbury dates back to the 15th century, It has seating for 59 covers and has been in current ownership for more than a decade, it has traded as a tea rooms/restaurant for over 100 years and is featured in many walking and tourist books of Kent.
This unique village has featured in a number of movies and tv series and the Tea Rooms have their own dedicated brown tourist signs directing customers, it has a full A3 licence and the lease is within the landlord tenant act 1954 with 8 years remaining and a break clause at the five year mark in the tenants favour only.
LOCATION
These quintessential English tea rooms occupy a prominent trading location in the centre of this delightful chocolate box village located some 9 miles from Canterbury and set in some of Kent's most picturesque countryside. The area is popular with walkers and cyclists, featuring in many tourist guides and has an excellent all year round trade.
BUSINESS
The Business has been established for over 100 years, having been in the present hands for 12 years and now only being marketed as a result of the vendors moving abroad. Tremendous potential exists for the introduction of licenced trade.
TURNOVER
Declared turnover £83,587 PA @ 80% G.P. year end 2019 - Full accounts available upon request.
PREMISES
Seating for 8 to front. Charming, imposing, Grade II listed premises of timber framed brick construction under a peg tiled roof with double frontage and main entrance to: Tea Rooms: 2 main seating areas with a total of 28 Covers at quality furniture. Fireplace. Kitchen: st/stl sink, 6 burner range, microwave oven panini grill, extractor canopy, mixer, upright chiller, freezer, chest freezer, prep surfaces, elect till, 2 group espresso machine with grinder, boiler. First Floor: Further Tea Rooms Area: 23 covers. Sep Ladies and Gents Toilets: Office: Second Floor: Attic area. OUTSIDE: Yard: Staff W.C. Storeshed.
TENURE
10 year lease from August 2019 with a tenant only 5 year break clause. (Within 1954 Act) RENT - £15,000 P.A. (5 year reviews)
GROUND FLOOR
Approx. 802 sq ft
LEGAL FEES
The assignee to be responsible for landlord's reasonable legal costs in the assignment of the lease.
BUSINESS RATES
We understand the Rateable Value is £4,950.
It is understood that there may be small business relief in respect of the rates payable and applicants should make their own enquiries of the local authority.
EPC: Exempt
Premium: £69,950
Viewing Strictly by appointment through Motis Estates - contact Kris Foster MRICS on:[use Contact Agent Button] for more details.
SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).
This unique village has featured in a number of movies and tv series and the Tea Rooms have their own dedicated brown tourist signs directing customers, it has a full A3 licence and the lease is within the landlord tenant act 1954 with 8 years remaining and a break clause at the five year mark in the tenants favour only.
LOCATION
These quintessential English tea rooms occupy a prominent trading location in the centre of this delightful chocolate box village located some 9 miles from Canterbury and set in some of Kent's most picturesque countryside. The area is popular with walkers and cyclists, featuring in many tourist guides and has an excellent all year round trade.
BUSINESS
The Business has been established for over 100 years, having been in the present hands for 12 years and now only being marketed as a result of the vendors moving abroad. Tremendous potential exists for the introduction of licenced trade.
TURNOVER
Declared turnover £83,587 PA @ 80% G.P. year end 2019 - Full accounts available upon request.
PREMISES
Seating for 8 to front. Charming, imposing, Grade II listed premises of timber framed brick construction under a peg tiled roof with double frontage and main entrance to: Tea Rooms: 2 main seating areas with a total of 28 Covers at quality furniture. Fireplace. Kitchen: st/stl sink, 6 burner range, microwave oven panini grill, extractor canopy, mixer, upright chiller, freezer, chest freezer, prep surfaces, elect till, 2 group espresso machine with grinder, boiler. First Floor: Further Tea Rooms Area: 23 covers. Sep Ladies and Gents Toilets: Office: Second Floor: Attic area. OUTSIDE: Yard: Staff W.C. Storeshed.
TENURE
10 year lease from August 2019 with a tenant only 5 year break clause. (Within 1954 Act) RENT - £15,000 P.A. (5 year reviews)
GROUND FLOOR
Approx. 802 sq ft
LEGAL FEES
The assignee to be responsible for landlord's reasonable legal costs in the assignment of the lease.
BUSINESS RATES
We understand the Rateable Value is £4,950.
It is understood that there may be small business relief in respect of the rates payable and applicants should make their own enquiries of the local authority.
EPC: Exempt
Premium: £69,950
Viewing Strictly by appointment through Motis Estates - contact Kris Foster MRICS on:[use Contact Agent Button] for more details.
SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).
Property information from this agent
Area statistics
Crime score
Low crime
0/10
About this agent
Motis Estates - Folkestone
1-2 Motis Business Centre, Cheriton High Street
Folkestone
CT19 4QJ
01303 396784Motis Estates incorporating H. Wald & Co is independently owned and first opened for business in 1963, making it Folkestone’s longest established firm of Estate Agents and Chartered Surveyors. If you are looking for an estate agent with unrivalled local knowledge, wide experience and who can offer a highly professional service tailored to achieve the best possible price for your house, we are the right choice for you. We strive to be able to provide you a professional service but an affordable price. As a Lifestyle Agent, we aim to assist in all aspects of moving to Folkestone with recommendations from your mortgage broker, to removal company, to kitchen and bathroom specialists. As the team are all local to Folkestone and the surrounding area, we can also recommend independent restaurants, bars and music venues. We can offer: - Free no obligation advice - Free EPC - Free Floor plan - Free Photography We have just installed an interactive touch screen on our shop window so pop down to Sandgate Road to view all our properties 24/7.