BUSINESS FOR SALE
The Church Mouse tea rooms offers a rare opportunity to purchase a long-established business, located in the heart of the delightful village of Chilham.
The village is well frequented by tourists, cyclists and walkers, who come to experience the charm of the village itself, as well as Chilham Castle.
The Pilgrims Way passes through Chilham on the way to Canterbury, one of a number of options for keen walkers and cyclists.
Chilham railway station is in a part of the village sometimes called Bagham, and is on the line from Ashford to Canterbury, with services on to London.
This characterful black and white chocolate box style17th century property has three floors, all enjoying their own slice of character.
On the ground floor the tea rooms have two seating areas, either side of the entrance area, with seating for around twenty-seven. To the rear is the surprisingly generous commercial kitchen, with a range of equipment including a range cooker with extraction canopy above.
On the first floor there is a further room, with seating for around sixteen. Office/storeroom. Customer and staff WCs.
At second floor level is an attic room, approached via a staircase from the office/storeroom. Without a window, it is felt this room could readily be used as a storeroom, leaving the room on the floor below as a comfortable office.
On the outside tables or normally laid out as four table with seating for two. We understand that there is the availability to use the public seating area on the other side of the road for customer seating.
The Opportunity.
The business is being sold due to the owner's genuine wish to retire.
Accounts show a steady level of trade over the last four years, with annual sales just shy of £140,000, net of VAT and adjusted net profits averaging just under £50,000. Formal trading data will be available after a formal viewing.
The asking price is £69,950, for the goodwill, fixtures & fittings and benefit of the lease. The freehold of the property is also available.
Delightful traditional Tea Rooms In the centre of the charming village of Chilham
Beautifully characterful 17th Century property
Potential for up 50 covers inside and out
Generously sized commercial kitchen
Popular with locals, tourists, cyclists and walkers, to name some
Rare business opportunity
Location
Located in the heart of the delightful village of Chilham, well frequented by tourists, cyclists and walkers, who come to experience the charm of the village itself, as well as Chilham Castle.
The Pilgrims Way passes through Chilham on the way to Canterbury, one of a number of options for keen walkers and cyclists.
Chilham railway station is in a part of the village sometimes called Bagham, and is on the line from Ashford to Canterbury, with services on to London.
Situated just off the A28, which runs between Ashford and Canterbury, there are excellent routes to the Kent coast and London.
EPC
EPC D
Terms
The Opportunity.
The business is being sold due to the owner's genuine wish to retire.
Accounts show a steady level of trade over the last four years, with annual sales just shy of £140,000, net of VAT and adjusted net profits averaging just under £50,000. Formal trading data will be available after a formal viewing.
The asking price is £69,950, for the goodwill, fixtures & fittings and benefit of the lease.
Tenure Comments
The property is held on the balance of a 10 year lease, with an annual rent of £15,000. The freehold of the property is also available.
Rent/Price
The asking price for the business, as a going concern, is £69,950.
Rateable Value / Council Tax
Although we are awaiting for this to be confirmed, we expect the business will come under small business relief and as such no business rates would be payable.
VAT
Unless otherwise stated, all rents/prices are quoted exclusive of Value Added Tax (VAT) which will be charged at the prevailing rate. Prospective occupiers should satisfy themselves as to any VAT payable in respect of any transaction.
Viewing
Strictly by appointment with the agents.
Andrew Moore
andrew.
