** LEASEHOLD SALE 25k : BARGAIN PRICE FOR QUICK SALE : SOLE AGENCY **

THE CECIL ARMS PH. 14 CLIFFE ROAD, STROOD, ROCHESTER, KENT, ME2 3DS

Location: Large imposing and attractive corner sited wet sales led premises situated amongst densely mainly private residential housing with little local comparable competition. These premises are currently operating under management and are highly recommended to applicants keen to expand the growing and established trade with a 'Hands On' approach. The property has recently undergone major capital investment by the landlords and further internal refurbishment throughout jointly by the landlords and current lessee. No further development investment is required. Discreet public area viewing is highly recommended during licensed hours. The premises are north of the River Medway best approached via the A289 (Rede Court Road) which runs off the Main A2 / M2 Junction 1, across the A226 (Gravesend Road) into Brompton Farm Road taking the second exit on the first mini roundabout into Cliffe Road. Alternatively the premises can be accessed via the A228 through Strood taking the third left having passed under the main line Railway Bridge in Gun Lane.

Trade areas: Large recently re-furbished and decorated fully carpeted front main bar hosting as combined Saloon and Public bar with complementary furnishings and fitted banquet seating, Internal Ladies and Gents WCs are off the left of the bar with further access right to slightly lower level large mainly carpeted Games / Saloon bar, This bar has two pool tables and three dedicated dart throw areas, again this area is complemented by attractive newly installed furnishings. Professional dart players are, on occasion engaged for exhibition matches, together with live entertainment. These events are covered throughout the premises via relayed installed TV cameras and displayed on 3 linked large projection screens and further Plasma TV, together with linkage to Sky TV sport events. Further access off this bar to secondary internal Ladies and Gent WCs. A central fully equipped servery attends to both bars. Access off rear of servery to fully fitted trade kitchen, further access off servery to basement chilled cellar and storage areas. Public access off ground floor to four first floor re-furbished en-suite letting rooms, advised as in regular use by contractors. We understand other than the usual hot snacks for event nights food is not currently offered. GFCH is fitted throughout and all main services are connected. The premises have comprehensive CCTV and are fully alarmed.

Externally: Parking area to the front of the premises with a timber built smokers shelter, additional unrestricted street parking is available very local to the premises. Private yard and storage areas with drive access situated to the rear.

Private Accommodation: Two Bedrooms, kitchen, lounge, shower room and WC

Trade: Latest accounts to 31st March 2009 indicate annualized net of VAT turnover at £231,000. at 50% GP. Additional letting income advised at £17,000. pa (Net of VAT) Weekly takings have on occasion peaked at £7,300.00. (Net) Trading accounts will be made available to serious enquirers.

Tenure: 23+ years fully assignable lease remaining on a full repairing and fully Insuring Enterprise Lease, full tie for beers only. Wines spirits and soft drinks / minerals free of all ties. All machine income profit is paid to the Lessee.

Rent:Currently £34,000.pa. Including insurance (net of VAT), next review due 2013. and five yearly thereafter

Rates:The current net business rates payable are £5,500.00.pa

Licence:
Premises licence: Permitted hours 11am to 12.30pm Monday to Thursday, 11am to 1am Friday and Saturday, Sunday 12 noon to 10.30pm. With provision for live entertainment.

Price: Quick sale at a bargain price: Sensible offers very near to £25,000. are sought for quick sale following the recent capital investment for the unexpired lease to include full and extensive trade inventory, plus stock and glassware at completion, additional funding will be required for some advance rent and legal fees. (Finance is available, subject to status).

Viewing: Discreet viewing of the public areas during normal hours, arrangement to view the accommodation is strictly by appointment through the agency on 01634 254408


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The Agency has prepared the details on information received and believes the details to be correct and verified by the agency as far as it is possible to do so thus complying with the Misrepresentation Act 1967.