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Property Listing Details

Property details

  • Floor area 3,864 sq. ft

Listing view statistics

Last 30 days: 36 page views

Since listed: 244 page views

Description

Ref: 8299 Freehold

An exceptional and impressive substantial and traditional 19th Century Freehold Freehouse situated in the affluent highly desirable village of Milstead in the beautiful county of Kent

• Imposing 19th Century village inn located in the prime village of Milstead.
• Traditional and Welcoming Lounge Bar (circa 20), delightful versatile and multi-functional Restaurant (circa 30 covers) and a Private Dining Room (circa 20 covers).
• Good sized fully equipped Commercial Catering Kitchen.
• Impressive 4 Bedroom Family Accommodation.
• Very good sized Beer Garden (circa 200+) and Patron’s Car Park for circa 20+ cars.
• Advised current turnover circa £130,000+ (incl. VAT).
• Trade split circa 90% wet and 10% food. Undoubted potential for catering/events orientated operators.
• Presented in excellent decorative order throughout having been refurbished and modernised yet retaining a wealth of charm and character.
An exciting business proposition with an enviable lifestyle set in the beautiful county of kent offering immense growth potential

location


This outstanding business is situated in the affluent and highly sought after village of Milstead in the beautiful county of Kent and can be easily reached from junction 5 of the M2 and having excellent road communications providing easy access to the M25, M20 and M23 motorways making this superb location an extremely popular commuter area for the major motorways and the major international airports of Gatwick and Heathrow. Milstead is also situated close to Maidstone and Sittingbourne plus many other coastal resorts nearby; making this delightful inn ideally situated to draw trade from the nearby surrounding towns and villages with an excellent level of repeat trade and is also well serviced by local schools, shops and amenities. An enviable place to reside and a compelling trade opportunity.
The property

This substantial and imposing inn is believed to originally date back to circa 1840 and occupies an excellent and easily accessible trading position.

Main entrance at the front leading into the lobby with access into the Lounge Bar.

Lounge Bar (circa 20) is a lovely traditional room exuding a warm and inviting ambience having a feature return bar servery with a solid polished counter and a matching back fitting with trade optics and refrigerated bottle coolers (not tested). The room is furnished with solid polished tables, chairs and upholstered pew style seating. Adding to the character of this room is the feature brick built open fireplace and the solid oak floor. Access to the W.c’s and the Restaurant.

Restaurant (circa 30 covers) is a good sized versatile and multi-functional room and is well furnished with a good range of solid polished tables, wicker style chairs and upholstered pew style seating. There is also a return bar servery and adding to the charm and character of the room is the part panelled walls and the solid oak floor. Access to the Private Dining Room.

Private Dining Room (circa 20 covers) again is a versatile room and is furnished with solid polished tables and wicker style chairs.

Catering facilities include a good sized fully equipped Commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested). There is also a wash-up area and a walk-in chiller.

Utility Room

Lower Ground Floor Cellar with dray drop, pumps, tilt racks, python and cooler.

Ladies and Gents W.c’s.

Owner’s accommodation
Situated on the 1st floor, being of a good size and presented in excellent decorative order throughout and briefly comprises: 4 bedrooms (with ensuite shower room to bed 1), lounge, fitted kitchen and bathroom.
External

There is a very good sized lawned Beer Garden (circa 200+) which is well furnished with timber picnic benches. There is a paved patio area at the front with timber picnic benches. There is also a very good sized private garden for the owners. Patrons parking facilities for circa 20+ cars.
Trading & licensing

We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:
Monday – Saturday – 10.00am – 11.00pm
Sunday – Midday – 10.00pm
The current opening hours are as follows:
Monday – Saturday – 11.00am – 11.00pm
Sunday – 09.00am – 6.00pm

nb. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the aplh Qualification in readiness for their intended operation of the Public House.
General remarks

The property and business are being offered for sale freehold (although we have not had sight of the title deeds).
We are advised that the inn benefits from all mains services with the exception of oil for cooking and heating and waste/sewage (services not tested). Business rates payable are advised as currently being £nil.
The business

Our vendor clients operate this delightful business as ‘husband and wife’ team on a full time and a hands-off basis respectively with the assistance of a self-employed chef and 3 part time/casual members of staff. Trade is currently derived from circa 90% wet and 10% food sales, thereby providing immense scope for a new hands-on owner operator partnership with previous experience of running a catering orientated operation to take this business to even greater heights by focussing on a strategic and extensive marketing campaign to further promote the premises for weddings, business meetings, private functions, parties and wakes etc, for which there is great demand within the area. Advised current sales are circa £130,000+ (incl. VAT).
This is a well-established business with a solid trading foundation and in our opinion with the above areas of potential we would quite easily expect a fully focussed and fully committed operator to achieve an annual turnover well in excess of £300,000 (incl. VAT).
This truly is an incredible opportunity for either an owner operator to continue to build the business or for a commercial investor to enhance their existing portfolio.

The asking price reflects the current trading foundation, the location and quality of fixtures and fitting, and of course not forgetting that this is an extremely substantial freehold property.

Accounting information will be made available to interested parties after viewing.

The property was viewed by Martin McConnell who would be delighted to discuss further details.

Viewing appointments must be made via Guy Simmonds.

Note: Size quoted is usually the Total Useful Floor Area taken from the EPC and is for guidance purposes only and no responsibility is assumed by Guy Simmonds for the accuracy.
If size stated =1m2, this is because no measurements are available at this time.

Viewing: All appointments must be made through Guy Simmonds. Please note that these Sales Particulars are issued on the strict basis that all negotiations, viewings and contacts in connection with this business are conducted through Guy Simmonds who are appointed by the vendor to act under a Sole Selling Rights agreement with total confidentiality. Any breach of these terms may make you liable in law to litigation and damages. Under no circumstances must you approach the owner direct without a formal appointment or disclose to other customers and staff that the Premises are for sale.

Finance for purchasing A licensed property: We are in constant touch with a leading finance broker who specialises in arranging Business Finance for Licensed Properties. Whether you are purchasing a Licensed Property through ourselves, or another agent, we will be pleased to contact on your behalf our specialist who can arrange the necessary Finance Package for you at preferential rates. Please telephone for free and no obligation advice with regards to financing a Business.

Guy Simmonds for themselves and for the vendors or lessors of this property and/or business whose agents they are give notice that:-
(I) These particulars are a general outline for the guidance of intending purchasers (or lessees) and do not constitute an offer or contract, nor any part of an offer or contract.
(II) All descriptions, dimensions, distances, maps/plans, references to condition, trading figures and other items in these particulars are given as a guide and no responsibility is assumed by Guy Simmonds for the accuracy of individual items. Intending purchasers (or lessees) should not rely on them as statements of representations of fact and should satisfy themselves as to the correctness of each item by making independent enquiries.
(III) Intending purchasers (or lessees) should make their own independent enquiries regarding the use of the property, necessary permissions for use and occupations, potential uses and any other matters affecting the property prior to purchase.
(IV) Guy Simmonds do not make or give whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to this property. No responsibility is taken by Guy Simmonds for any error, omission or mis-statement in these particulars. Guy Simmonds do not warrant the accuracy of any accountancy information supplied and purchasers are advised to take independent advice in order to satisfy themselves.
(V) Guy Simmonds are unable to give any warranty as to the working order of any apparatus, equipment, fittings or services associated with the premises and therefore, cannot verify they are in full working order. Purchasers are strongly advised to obtain specialist reports prior to exchange of contracts in order to satisfy themselves.
(VI) All statements and descriptions are made without responsibility or warranty by Guy Simmonds, the vendors or lessees. Neither do Guy Simmonds nor the vendors/lessees hold ourselves responsible for any expenses whatsoever incurred by applicants inspecting Businesses which may be sold or withdrawn, to include travelling, valuation/survey, legal fees etc.
(VII) No person in the employment of Guy Simmonds has any authority to make or give any representation or warranty whatever in relation to this property.
(VIII) It should not be assumed that the contents of any photographs are included in the sale.
(IX) All prices quoted are excluding stock at valuation.

Map & Nearby

Local Amenities

  • Sittingbourne 2.7 miles
  • Teynham 3.8 miles
  • Milstead and Frinsted Church of England Primary School 0.9 miles
  • Rodmersham School 1.2 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Sittingbourne 2.7 miles
  • Teynham 3.8 miles
  • Milstead and Frinsted Church of England Primary School 0.9 miles
  • Rodmersham School 1.2 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Guy Simmonds. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Guy Simmonds for full details and further information.