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Cheriton Road, Cheriton, CT19

£725 pcm
£8,700 pa

£16.42 per sq ft

Business rates & charges may apply

Motis Estates Limited, Folkestone
SIZE AVAILABLE

530 sq ft

49 sq m

SECTOR

Shop to lease

Lease details

Lease available date:
Ask agent
Lease type:
Long term

Key features

  • Cafe and Bar
  • Good Position
  • Accounts Available
  • Turnkey Business

Description

Cafe and Bar for sale in Cheriton, Kent

The property is situated in a very prominent position in Cheriton Road (B2064) in a parade of shops including KFC, Morrisons and a number of independent retailers in close proximity. Parking is readily available outside the property with 1 hour bays and is free after 6pm.

The property is based in Cheriton within walking distance to Folkestone West train station which has direct links to London St Pancras within 56 minutes on HS1. The Port of Dover is approx. 9 miles east with links to the continent.

The property is available on a 10 year lease expiring on 29th November 2034 with the current rent £8,700 per annum with a rent review in 2029 to £9,300 per annum.

For sale is a thriving café bar located in Folkestone, Kent. This turnkey business has shown consistent performance during its first 6 months of operation, becoming a valuable asset to the local community. Notably, it has developed a strong following for its quiz nights, which are sold out until December, presenting significant opportunities for extended hours and additional events. Currently trading Wednesday 10-2 Thursday, Friday and Saturday 10-10.

The interior of the café bar boasts a modern and inviting design, featuring high-quality fixtures that were recently refurbished to a high standard. Its stylish décor is complemented by outdoor seating, creating a welcoming atmosphere for customers. The establishment offers a diverse menu that includes exceptional coffee, brunch options, and an extensive bar selection, appealing to a wide range of customer preferences.

The layout is spacious, with comfortable seating arrangements suitable for various group sizes, making it a perfect destination for gatherings. Positioned on a busy high street with significant foot traffic and neighboring local traders, this venue benefits from high visibility and accessibility. While there is some competition from another coffee shop nearby, this café bar is the only bar in the area, which grants it a unique position in the market.

The business has been operating in its current form for six months, following an extensive refurbishment, and has seen its turnover triple since transitioning from a café to a bar. The current owners have successfully managed this business for one year, but are selling due to the need to care for aging parents.

This sale includes all fixtures and fittings, with the exception of the rented coffee machine and loaned beer cooler from a brewery. The business currently employs five staff members and has an established online presence through Just Eat. The owners are willing to provide training to ensure a smooth transition for the new owners.

The leasehold is priced at a negotiable £36,000 plus Stock at Asset Value (SAV), with an annual rent of £8,700, and the current turnover stands at £156,000. This is an excellent opportunity for someone looking to take over a successful and well-established café bar.

Fixtures and Fittings included (list upon request) and Accounts.

Rent: £8,700 PA

Business: £36,000

Retail: 49.6 sq m (530 sq ft)

Rateable Value: £4,550.00 (please contact Folkestone & Hythe District Council on for further details)

Services: Electricity and Mains Water are connected (No Gas)

Energy Performance Certificate: D (96)

Viewing Strictly by appointment through Motis Estates Chartered Surveyors in Folkestone. or

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

Cheriton Road, Cheriton, CT19

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Folkestone West Station0.2 miles
  • Folkestone Central Station0.9 miles
  • Channel Tunnel Terminal Station1.1 miles

About Motis Estates Limited, Folkestone

Suite 1-2, Motis Business Centre, Cheriton High St, Folkestone, CT19 4QJ

Notes

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Disclaimer - Property reference MOTIS_005629. 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 Limited, 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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