Hotel/restaurant & Events Venue In Folkestone Kent For Sale

Business Description

LOCATION
These substantial premises occupy a prominent trading location close to the centre of Folkestone, close to the Station, harbour and seafront. The business draws trade from over a wide catchment area along with a high level of passing trade.

BUSINESS
Well established having been in the present hands for 3 years and now only being marketed as a result of family partnership dissolvement. Tremendous potential exists for the introduction of more functions and events.

TURNOVER
£300,000 PA - Was £400,000 P.A. before Covid.

STAFF
Vendors plus 6 part time staff

PREMISES
Imposing premises with main entrance to: Bistro Bar: with well equipped bar and 20 covers. Restaurant: with 50 Covers at quality furniture. Customer Ladies and Gents W.C facilities. Further Bar Area: with well equipped bar and 90 Covers. Function Room: 65 Covers (120 for Buffet) air conditioned. Customer Ladies and Gents W.C facilities. Kitchen: Full extractor canopy, 8 burner range, 6 burner range, bain marie, oven, 2 microwave ovens, griddle, 3 undercounter refrigeration units, 3 fridges, 5 freezers, twin door chiller, twin door freezer. Walk in coldroom. Prep Room: deep st/stl sink, commercial dishwasher, st/stl prep surfaces. Cellar: with keg storage, hatch from street. Dry store area: Outside: Trade Garden: with 50 covers laid to lawn with flower and shrub borders. Car Park: for 14 Cars.

LIVING ACCOMMODATION
Letting accommodation: comprising 10 Double Rooms over 2 floors (Each with ensuite bathroom or shower room) Note: All rooms are decorated and furnished to a high standard. OWNERS ACCOMMODATION: Self contained flat comprising: 3 Large Double bedrooms on with dressing room and one with shower ensuite. Large Lounge. Fitted Kitchen: Bathroom: full suite.

OBSERVATIONS
The premises are decorated and furnished to a high standard throughout and benefit from gas fired central heating and part replacement double glazing.

TENURE
Held on a 99 year FRI lease from 1984 RENT - £23,000 P.A. (Fixed)

EPC RATING
Band B

BUSINESS RATES
£4,410 P.A. (22/23)

Property Information

Property:

Leasehold

Premises details:

Imposing premises with main entrance to: Bistro Bar: with well equipped bar and 20 covers. Restaurant: with 50 Covers at quality furniture. Customer Ladies and Gents W.C facilities. Further Bar Area: with well equipped bar and 90 Covers. Function Room: 65 Covers (120 for Buffet) air conditioned. Customer Ladies and Gents W.C facilities. Kitchen: Full extractor canopy, 8 burner range, 6 burner range, bain marie, oven, 2 microwave ovens, griddle, 3 undercounter refrigeration units, 3 fridges, 5 freezers, twin door chiller, twin door freezer. Walk in coldroom. Prep Room: deep st/stl sink, commercial dishwasher, st/stl prep surfaces. Cellar: with keg storage, hatch from street. Dry store area: Outside: Trade Garden: with 50 covers laid to lawn with flower and shrub borders. Car Park: for 14 Cars.

Other Information

Furniture / Fixtures value:

Undisclosed

Inventory / Stock value:

Undisclosed