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COMMERCIAL

The Square, Chilham, CT4

£1,250 pcm
£15,000 pa
Motis Estates, Folkestone

Letting details

Let type:
Long term
Furnish type:
Furnished
PROPERTY TYPE
Restaurant
SIZE
802 sq. ft.
(75 sq. m.)

Key features

  • Award Winning
  • Premium of £69,950
  • Tea Rooms for over 100 years
  • Eligible for Small Business Rates Relief

Property description

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: for more details.

SUBJECT TO CONTRACT (This firm operates a Complaints Handling Procedure, details of which are available upon request).

Brochures

CMP Certificate

Energy Performance Certificates

EPC

The Square, Chilham, CT4

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chilham Station14.5 miles
  • Selling Station17.1 miles
  • Chartham Station14.2 miles

About the agent

Motis Estates, Folkestone

102 Sandgate Road, Folkestone, CT20 2BW

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Notes

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Disclaimer - Property reference MOTIS_004305. 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 Motis Estates, Folkestone. 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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