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Chequers Inn, Heaverham

Watery Lane, Heaverham, Kent, TN15 6NP

Situated around three miles from Sevenoaks in the charming village of Heaverham, the Chequers Inn is a 16th Century destination dining pub and restaurant.

 

Key features

  • Flexible tenancy agreement available
  • Destination dining pub & restaurant
  • Half acre garden & Bat & Trap pitch
  • Tudor Barn function room
  • Customer car parking 

Floorplan

THE CHEQUERS INN 

Around three miles from Sevenoaks in the charming village of Heaverham, the Chequers Inn is a 16th Century destination dining pub and restaurant.

Brimming with original features and character, the Chequers Inn houses a feature bar servery, multiple trade drinking and dining areas and a large well equipped trade kitchen. To the side of the property there is also a Wattle & Daub Tudor Barn with its own private toilet facilities, so the pub has the potential to be a great venue for weddings, parties and events.

Externally, the Chequers boasts half an acre of garden, a Bat & Trap pitch and plenty of onsite customer car parking making it a family friendly site and ideal for alfresco dining during the warmer months.

Shepherd Neame is looking for experienced operators that can enhance the existing food and drink offer, and that will reposition the Chequers Inn as a popular drinking and dining spot in Heaverham.

This property is being offered on a variation of our tenancy agreement giving it an individual approach to certain aspects of the tenancy. A more in depth review of the differences can be discussed with the Business Development Manager at interview.

For more information or to arrange a formal viewing of the site, please contact the Trade Recruitment Co-ordinator on 01795 542132.

BAR 

Feature bar with multiple trade drinking & dining areas. 

KITCHEN & DINING 

Converted Tudor barn with toilets for private functions, Large trade kitchen.

OUTDOOR & PARKING 

Half acre garden with Bat & Trap pitch and large customer car park.

PRIVATE ACCOMMODATION

2 Bedrooms, kitchen, lounge, bathroom, two attic bedrooms, private garden.

Capital Requirements

Estimated capital requirements

Trading deposit£5000
Contract deposit
refundable on day of charge
£500
Dilapidations
+ monthly payments £50
£1000
Inventory£17000
Stock, glassware, cutlery, crockery, etc
Estimated subject to independent valuation by trade broker and stock taker
£3000
Working capital£4000
Training deposit
£750 refundable on completion of training
£1000
Total estimated ingoings£31500

Minimal capital considered

Minimum capital considered
Based on: Trading deposit + stock, glassware, cutlery,
crockery, etc, working capital + training deposits + misc
£31500
Please note: Where only minimal capital is available inventory will be rentalised.

Rent and charges

Rent

Year 1Year 2Year 3
Per anum£TBA£TBA£TBA
Per week£TBA£TBA£TBA

Council tax

Band B

Non Domestic Business Rates

Rateable Value 2018 - £22,700

Multiplier – 0.466

Estimated Rates Payable 2018/19 - £10,601

  • 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.
  • The above calculations are estimations only and as rateable values are subject to change, we would recommend that the prospective new tenant checks the rates payable and any other relief prior to completing a financial plan.
  • Please note that we have not yet applied the Governments Pub relief of £1,000 on rates payable as many councils have yet to confirm.

Trading information

Trade

Year ending 30 June

2015 2016 2017 2018 (July-Dec 2017)
All beer and cider
Barrels
36 43 41 36
Wine
Gallons
203 145 129 233
PPS
Gallons

Premium packaged spirits (eg WKD)
5 0 1 10
Traditional Spirits
Gallons
7 7 7 10
Minerals
Ready to drink litres
1306 1143 569 1335

Estimated food turnover

£2,000 per week 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 - 10.00 - 00.30

Live music

Sunday - Thursday - 10.00 - 23.00
Friday - Saturday - 10.00 - 23.30

Agreement Overview

  • This pub is being offered on a fixed term tenancy outside of the Landlord & Tenant Act 1954 Part II
  • 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