0 Bed Retail Property (out Of Town) For Sale
Clapper Lane, Staplehurst
TN12 0JT
Added 10 Apr 2024
Property Details
Property Type
Retail Property (out Of Town)
Bedrooms
0
Location
TN12
Description
Christie and Co are delighted to bring to the market this independently owned freehold farm shop, restaurant and garden centre.
The business occupies a parcel of land approaching 3 acres which includes a large customer car park, plant centre with open and covered plant and garden centre sales areas, a large and recently refurbished and extended farm shop and restaurant building . The remaining land includes a large open area which is currently used for external restaurant seating and other events/ private functions.
The site location on Clapper Lane is less than half a kilometre from the A229 which is a major road running north–south through Kent from Rochester to Hawkhurst via Maidstone.
This property provides an excellent opportunity for a purchaser to invest in an established business with multiple revenue streams including a newly extended restaurant and well stocked farm shop and garden centre.
Frankie’s Farm Shop is located- around 8 miles south of Maidstone and 17 miles east of Royal Tunbridge Wells on Clapper Lane close to the A229 which is a major road running north–south through Kent from Rochester to Hawkhurst via Maidstone.
The latest census data shows that 835,237 people live within a 25km radius of the site. The demographic reports also indicate that this is an affluent area with higher than average home ownership and close to 33% of local residents being in the SEC 1 and SEC 2 social class sectors.
The main building was significantly extended and comprehensively remodelled following planning permission that was granted in 2021 – 21/505725/FUL. These works were completed in late 2022.
The oak framed building has been constructed to a high standard and offers a beautiful setting for the restaurant which has 110 internal covers. The total floor area of the ground floor is 510sqm (5498sqft) which includes the bakery, kitchen, café servery, customer toilets, storage and chiller and the large retail sales area and restaurant. On the first floor large storage space and a large office.
There is planning permission granted to further extend the kitchen (additional 88sqm) and an upgrade of the polytunnels to a large greenhouse. (640sqm). Plans are available upon request.
Frankie’s Farm Shop is a well-established and highly regarded business that is ideal for a regional operator or lifestyle purchaser. The business occupies recently modernised buildings but still offers many avenues for incoming owners to grow sales and profitability. The business has seen strong growth in recent years, particularly in the Restaurant following the recent extension. It is our opinion that the business is still in the build-up phase and that turnover for 2024 should exceed that of 2023.
There is considerable scope to grow the retail offer and to expand the range of products sold, in particular the garden centre range could be expanded. There is also planning permission to further extend the kitchen and upgrade the covered plant retail area.
The business also has considerable potential to grow income from private functions and evening events.
The business is run by an excellent team of well trained staff Full details can be made available to interested purchasers.
It is anticipated that all staff will transfer under TUPE.
The business has seen significant growth following the extension which was completed in late 2022. The table in the sales particulars shows annual turnover in recent years. The EV charging points provide revenue.
Business RatesWe are advised that the business rates payable for 2023/2024 will be £6,144
Location
Nearby Properties
Disclaimer: Property descriptions, images, and related information displayed on this page are aggregated from publicly available sources across the web and presented for informational purposes only. While we strive for accuracy, home.co.uk cannot guarantee that all details are current or complete. This information is provided as a guide only and should not replace professional property advice. We strongly recommend contacting Christie & Co directly to verify availability, arrange viewings, and obtain comprehensive property documentation.
Listed by
Christie & Co
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