Overview
- Updated On:
- May 17, 2023
Description
Coaching Inn, Kent
The Chequers Inn, Smarden
£1m
Summary
Fantastic 15th Century nine-bedroom coaching inn and development opportunity
One of the finest pub and restaurant businesses in Kent, fantastic reputation, large beer garden
GDV in excess of £3m
Watch the video tour here – https://clipchamp.com/watch/vbMo3NEDmEK
Key Features
15th Century Coaching Inn
Substantial Property
Over 600 sq/m
GDV £3m+
Residential development
Plot 0.4-acres
Outstanding opportunity
Large car park
Idyllic location
Potentially three houses
Opportunity
The Chequers Inn is a successful well-established village pub in Smarden, a highly sought after village near Ashford, Kent
The property could also be converted into a very large grand house or three separate dwellings, subject to a successful change of use application, with a GDV over £3m
The substantial plot offers the opportunity, STPP, to build a separate house or holiday lodges in the garden – further adding to the GDV
Location
‘The Chequers Inn’ sits in the picturesque village of Smarden, close to Ashford and Maidstone in Kent
Smarden has been described as the most beautiful village in Kent, with a Medieval Church and three pubs
One of the most sought-after villages in the area, properties regularly achieve £6,000 per square metre
Development
The corner plot offers access to the property from three side, in addition there is potential for a further development in the garden
With sufficient parking and access, without compromising privacy, the exicting property could be converted into multiple dwellings and additional property could be built in the garden, all subject to a successful planning application
Internal Details
Original parts of ‘The Chequers Inn’ date back to the 15th Century, the substantial property boasts of 600 square metres of space
The coaching inn offers drinking and dining facilities for up to 100 covers, with further seating outside
Currently there are nine bedrooms and nine bathrooms
Please see the floorplans for further information
External Details
Sitting on 0.4-acre plot, there is a large carpark, stunning beer garden and pond
Please see the aerial photographs
Fixtures & Fittings
All fixtures and fittings not personal to the vendors are included in the sale
Financials
Since Covid weekly sales are £12,500 on average, generating an annual net profit of £100,000
Full accounts are available
Tenure
Nationwide Business Sales are delighted to offer this wonderful opportunity to the market at ‘Offers Over £1m’