Pub for sale

The City Arms Inn, 7 Butchery Lane, Canterbury, Kent, CT1 2JR

£59,950

Property Description

Commercial information

  • Business for sale

Key features

  • Beautiful 15th Century public house
  • Located in the heart of the City
  • Free of tie lease
  • Annual turnover of c.300,000
  • Great scope for new owner
  • Rarely available opportunity. EPC Exempt

Full description

Tenure: Leasehold

Description

This beautiful 15th Century building is one of the oldest pubs in Canterbury and has been in existence for over 300 years.

Location

The City Arms Inn is located in Butchery Lane in the heart of the City of Canterbury. Canterbury is a World Heritage Site with many visitor attractions including the magnificent Cathedral, making it a major tourist centre and destination for a large number of foreign visitors, as well as being home to the University of Kent and Canterbury Christ Church University.

The city has two mainline railway stations, Canterbury East and Canterbury West, offering a variety of services to London Victoria, Charing Cross, Kings Cross and St Pancras. The A2/M2 connects Canterbury with the M25 and Channel Ports and the A28 provides access to the seaside resorts on the Isle of Thanet and the International Rail Terminal at Ashford.

Canterbury is surrounded by beautiful countryside and is just a few miles from the north Kent coastline.

Ground Floor

Main bar/restaurant area, bar server with access to ladies and gentlemen's WCs.

Other Floors

First floor:
Trade kitchen, prep/store room and store room.

Second floor:
Two offices and staff bedroom.

Fixtures & Fittings

All trade fixtures and fittings will be included in the sale.

The Opportunity

Our clients have owned the business for approximately12 years and have now decided to sell in order to concentrate on their main business, which is also in Canterbury.

With its location within the heart of Canterbury, The City Arms Inn offers an excellent opportunity for an incoming owner to take advantage of the excellent trading prospects.

The business is effectively free of tie, with the exception of a one year contract with Heineken for the sale of lager and cider sold.

Staff

Manager and a team of full time, part time and casual staff.

Trading Information

We are advised that the net turnover for the current year should be c.£300,000. Further accounting information will be made available following a formal viewing.

Trading Hours

Opening hours:
Monday to Thursday 11am-11pm
Friday 11am-12 midnight
Saturday 11am-1am
Sunday 11am-6pm

Food is served between 12 noon and 5pm.

Business Rates

The business rateable value is £41,000.

Regulatory

Premises Licence - licensed for seven days a week from 10am to 1am.


More information from this agent

Nearest stations

  • Canterbury East (0.4 mi)
  • Canterbury West (0.5 mi)
  • Sturry (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Maidstone

Kestrel House Knightrider Street Maidstone ME15 6LU

01622 922113 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Canterbury East (0.4 mi)
  • Canterbury West (0.5 mi)
  • Sturry (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Maidstone

Kestrel House Knightrider Street Maidstone ME15 6LU

01622 922113 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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