The Red Lion, an attractive 18th century pub situated in the picturesque village of Milstead, Kent, has been brought to the market by Christie & Co, with an asking price of £649,950.
Lying approximately three miles from Sittingbourne, on a one-acre site, the two-storey detached property benefits from a bar with capacity for 20 covers, a restaurant for 55 covers, and a large commercial kitchen with separate prep area and cellar.
This traditional building fits well with the character of its charming village setting, retaining its original features, including a log fireplace and classic wooden floors. The property also includes owners’ accommodation with three double bedrooms, ensuite, bathroom, kitchen, living area and an office, with a separate entrance from the exterior.
There is a large trade garden with capacity for 50, and a car park for 40 vehicles. The site also boasts a private garden with decked area, which is accessible via the owner’s accommodation.
The business attracts repeat customers from a wide area with the benefit of a loyal local following and if the local authority approves the development of c.11, 000-12,000 new homes in nearby Sittingbourne, this could further expand its customer base. Accessible via the M2 motorway, the location of the pub also presents opportunities for passing trade.
James Hughes, Business Agent at Christie & Co’s Maidstone office is handling the sale, commented, “As a successful key community asset and with its proximity to Sittingbourne and surrounding villages of Frinsted, Wichling and Doddington, the business provides an excellent opportunity for either an owner operator or commercial operator.
“There is scope to further increase trade by extending the opening hours, as the current owners have run the pub as a lifestyle business over the past 13 years. Planning permission has been granted to build a three bay barn with private driveway in the owners’ garden and foundations are already in place to build a fourth bedroom over the commercial kitchen.”
