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Woolpack Inn, Chilham

Chilham, Canterbury, Kent, CT4 8DL

Dating back to the 16th century, the Woolpack Inn is a beautiful village Pub & Restaurant with 14 letting bedrooms, located in rural Chilham, Kent.

 

Key features

  • 16th Century Pub & Restaurant
  • 14 letting bedrooms
  • Good sized and well equipped trade kitchen
  • Courtyard garden
  • Large customer car park 

 

Floorplan

WOOLPACK INN

Dating back to the 16th century, the Woolpack Inn is a beautiful village Pub & Restaurant with 14 letting bedrooms, located in rural Chilham, Kent.

Just South West of Canterbury, Chilham truly is a picture perfect village that lies above the valley of River Stour and is at the heart of the stunning Kent downs.

With its old oak beams, hanging hops, open fire places and a warm welcome for the locals or visitors alike, the Woolpack has everything that you would expect from a traditional village pub. Internally you will find the main bar area with a feature bar servery together with a charming restaurant dining room for approximately 50 covers.

There is a large, very well equipped trade kitchen on site with two new recently installed walk in fridges, plenty of dry stores and storage space and a well laid out and easily accessible cellar.

The Woolpack boasts 14 letting bedrooms that are housed across both the main building and in the converted stable block opposite the pub which has 3 bedrooms with a private patio and garden area. All of the bedrooms are ensuite and are in good condition having been recently repainted in 2018.

To the back of the property there is a small courtyard garden used for outside drinking and dining, lots of open spaces and a large private customer car park.

Available for the first time in 10 years due to Retirement, the Woolpack is now looking for experienced operators that harbour the same passion and enthusiasm for superb fresh food, well-kept accommodation and exceptional levels of hospitality. The local area will be shortly benefiting from new private housing and business opportunities, so the Woolpack presents potential tenants an excellent opportunity to further enhance this already well operating business.

For more information or to arrange a formal viewing of the Woolpack Inn, please contact us now on 01795 542132.

BAR RESTAURANT & KITCHEN 

Main bar area and servery for approx. 25 covers and Restaurant dining room for approx. 50 covers, both with open fire places. Large very well equipped trade kitchen with two recently installed walk in fridges and a dry stores area

LETTING BEDROOMS

Letting accommodation is split across the main pub and a stable block opposite. It includes 14 ensuite letting bedrooms made up of 1 single, 3 twin rooms, 5  double rooms, 3 family rooms and 2 four poster rooms. All bedrooms include TV’s, tea & coffee making facilities and hairdryers. The stable block bedrooms have access to their own patio area. All rooms were repainted in 2018

OUTDOOR & PARKING

Courtyard garden to the back of the property and very large customer car park

PRIVATE ACCOMMODATION

Located in the main building, tenants private accommodation includes 1 bedroom, a large lounge, a good sized kitchen and a bathroom, all in great condition. There is also a separate area of further  private accommodation with 3 bedrooms and a shower room which is utilised as live in staff accommodation

Capital Requirements

Estimated capital requirements

Trading deposit£7500
Contract deposit
refundable on day of charge
£500
Repair scheme
+ monthly payments £50
£1000
Inventory£80000
Stock, glassware, cutlery, crockery, etc
Estimated subject to independent valuation by trade broker and stock taker
£10000
Working capital£10000
Training deposit
£750 refundable on completion of training
£1000
Total estimated ingoings£110000

Minimal capital considered

Minimum capital considered
Based on: Trading deposit + stock, glassware, cutlery,
crockery, etc, working capital + training deposits + misc
£30000
Please note: Where only minimal capital is available inventory will be rentalised.

Rent and charges

Rent

Year 1Year 2Year 3
Per anum£57200£59488£61880
Per week£1100£1144£1190

Council tax

Band

Non Domestic Business Rates

RATEABLE VALUE - £52,000

MULTIPLIER 2019/2020 - 0.504

ESTIMATED RATES PAYABLE - £26,208

  • As at the time of publishing, the estimated rates payable, are based upon the assumption that the tenant occupies the maximum of one pub and therefore qualifies for small business rates relief
  • We have also applied the relevant multipliers and estimated transitional relief where applicable
  • Retail relief has been applied to all pubs with a rateable value of £51,000 or less. This entitles the occupier to a third reduction in rates payable after all other reliefs and will run for the 2019/20 and 2020/21 rating years. This is an assumption that should be confirmed with the local authority
  • The above calculations are estimations only and as rateable values are  subject to change, we would request that the prospective new  tenant checks the rates payable and any other relief with the local authorities prior to completing a financial plan

 

Trading information

Trade

Year ending 30 June

2016 2017 2018 2019
All beer and cider
Barrels
147 153 156 144
Wine
Gallons
555 651 518 500
PPS
Gallons

Premium packaged spirits (eg WKD)
11 10 12 7
Traditional Spirits
Gallons
48 49 49 32
Minerals
Ready to drink litres
6375 5837 5685 4695

Estimated food turnover

£320,000 per annum (net) approximately

Shepherd Neame has no access to the tenant's food turnover figures. Please note this figure is estimated as accurately as possible at time of publishing.

Licence information

Hours authorised by the premises licence

Supply of alcohol, background music and provision of late night refreshment.

Monday - Sunday - 10.00 - 00.00

Open to the public

Monday - Sunday - 07.00 - 00.30

Live music

Monday - Sunday - 10.00 - 00.00

Agreement Overview

  • This pub is being offered on a traditional rolling tenancy agreement that is subject to a five year rent review
  • This agreement is covered by the ‘Landlord & Tenant Act’
  • This is a fully tied agreement across all beer, cider, wine, PPS, spirits and minerals
  • Any deviation from the standard terms outlined above should be discussed at interview stage with your designated Business Development Manager
  • Please note that we require all licensees to pass the Pre-Entry Awareness Training Course (PEAT) a minimum of five days before you can attend a formal shortlist interview with us. Please ask us for more information about PEAT if required
  • You can see our code of practice at the top of this page