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Folkestone Wine Co, 5 Church Street, Folkestone, Kent, CT20 1SE

£59,995

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

Ask agent

SECTOR

Restaurant for sale

Key features

  • New 10-year free of tie lease
  • Highly regarded restaurant
  • 32 covers
  • 10 outside covers
  • Wine cellar
  • Energy Rating E
  • Christie & Co Ref: 8867256

Description

Description

The Folkestone Wine Company is a family run business and encompasses all the owners’ passions for wine, food, art and music.

Location

Folkestone is a resort town in south east Kent, known today for the Channel Tunnel, but formerly as a popular seaside destination for holidaymakers. The older part of town is a lovely mix of Georgian buildings, cobbled streets, and a long sweeping seafront promenade.

The seaside town has been named among the best places to live in the country. Folkestone has been included among the favoured spots in the south east in an annual list of the cities, towns and villages offering the best quality of life.

Its entry in The Sunday Times Best Places to Live 2023 guide highlights the successful regeneration of the old town and harbour area, as well as great schools and fast trains to London.

Internal Details

Entrance, bar area with two separate seating areas, 32 cover restaurant, customer toilets, fully equipped commercial kitchen, wine cellar.

Fixtures & Fittings

We are advised by our client that all fixtures and fittings are owned outright and included in the sale price.

External Details

Enclosed bin storage area, 10 outside cover at the front of the restaurant.

The Opportunity

The business has been owned by our clients for many years and has a highly regarded reputation as one of the best places to eat seafood:

The Times (2023) - The foodies' guide: Britain's 20 best places to eat on the coast - Folkestone Wine Company 1st out of 20 restaurants visited.

The Guardian (2021) - Shore things: the 22 best places to eat seafood around the UK coast - Folkestone Wine Company 6th out of 22 restaurants visited.

Staff

The business is predominantly owner-run with a complement of part time casual staff.

Trading Information

Trading information will be supplied following a formal viewing.

Trading Hours

Current trading hours:

Thursday: 6:30–9 pm
Friday & Saturday: 12:30–2 pm, 6–9 pm
Sunday: 12:30–2:30 pm
Monday to Wednesday: Closed

Business Rates

The rateable value for the property from 1 April 2023 is £2,600. This is not what you will pay in business rates, but the Local Authority uses the rateable value to calculate what business rates are payable.

Regulatory

Premises Licence.

Energy Performance Certificates

EPC 1

Brochures

Folkestone Wine Co, 5 Church Street, Folkestone, Kent, CT20 1SE

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Folkestone Central Station0.6 miles
  • Folkestone West Station1.3 miles
  • Channel Tunnel Terminal Station2.5 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 8867256-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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