Sat at the heart of Elham village between Canterbury & Folkestone in Kent, the Rose & Crown is a 16th Century coaching inn with six letting bedrooms.
Sat at the heart of Elham village between Canterbury & Folkestone in Kent, the Rose & Crown is a 16th Century coaching inn with six letting bedrooms.
Originally timber framed and a Grade II listed building, the Rose & Crown has benefited from both exterior refurbishment and internal redecoration to all of the trade areas over the last few years.
A large spacious property, the Rose & Crown houses a feature bar servery, multiple trade drinking and dining areas that can cater for approximately 70 covers internally and a good sized and well equipped trade kitchen. To the back of the property in the courtyard, you will find a converted stable block which includes six ensuite letting bedrooms with Freeview TVs and Tea & Coffee making facilities.
Outside, you will find the courtyard area together with a large grassed garden and private customer car parking.
If you are looking for large private accommodation then the Rose and Crown can also tick the boxes with five double bedrooms, a lounge, kitchen, dining room and bathroom.
Shepherd Neame is now looking for new tenants to take over the successful running of the Rose & Crown, so for more information or to arrange a formal viewing, please contact the Trade Recruitment Co-ordinator now on 01795 542132.
Central feature bar servery with multiple trade drinking & dining areas for approx. 70 covers. Large well equipped trade kitchen
Large grassed garden and a courtyard garden to the rear of the property. Private customer car parking
Letting accommodation is in the converted stable block and includes six ensuite double/twin rooms with hairdryers, tea & coffee making facilities and freeview TVs
Five double bedrooms, bathroom, kitchen, dining room and lounge
| Trading deposit | £5000 |
| Contract deposit refundable on day of charge | £500 |
| Repair scheme + monthly payments £50 | £1000 |
| Inventory | £35000 |
| Stock, glassware, cutlery, crockery, etc Estimated subject to independent valuation by trade broker and stock taker | £4000 |
| Working capital | £4000 |
| Training deposit £750 refundable on completion of training | £ |
| Total estimated ingoings | £49500 |
| Minimum capital considered Based on: Trading deposit + stock, glassware, cutlery, crockery, etc, working capital + training deposits + misc | £14500 |
| Please note: Where only minimal capital is available inventory will be rentalised. | |
| Year 1 | Year 2 | Year 3 | |
| Per anum | £35620 | £36660 | £37752 |
| Per week | £685 | £705 | £726 |
Band B
RATEABLE VALUE - £21,000
MULTIPLIER - 0.499
ESTIMATED RATES PAYABLE - £10,479
NOTE:
Year ending 30 June
| 2017 | 2018 | 2019 | 2020 | |
| All beer and cider Barrels |
71 | 103 | 96 | 78 |
| Wine Gallons |
394 | 483 | 414 | 258 |
| PPS Gallons Premium packaged spirits (eg WKD) |
2 | 3 | 6 | 10 |
| Traditional Spirits Gallons |
9 | 37 | 38 | 18 |
| Minerals Ready to drink litres |
2718 | 3450 | 4110 | 2776 |
£85,000 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.
Supply of alcohol, background music and provision of late night refreshment.
Sunday - Thursday - 10.00 - 00.00
Friday - Saturday - 10.00 - 00.00
Open to the public
Sunday - Thursday - 10:00 - 00:30
Friday - Saturday - 10.00 - 00.30
Live music
Monday - Sunday - 10.00 - 23.00