Location: Cosy end of terrace wet sales led community public house set amongst private housing in a densely populated residential area approximately half a mile from Strood Town Centre. The premises have recently undergone tasteful refurbishment to the public areas requiring very little investment. Be prepared for a pleasant surprise when entering the premises as initially the external appearance does very little to compliment the internal area of this is single bar operation. Discreet public area viewing is highly recommended during licensed hours. The premises are north of the River Medway best approached via the A228 (Marked Grain) which runs off the Main M2 Junction 2, across the A2 at Strood into Gun Lane passing the Kwic Fit centre on your left, taking the first left into Bryant Road then taking the second right into Glanville Road, the premises are facing at the far end of Glanville Road. Alternatively the premises can be accessed traveling west on the A228 turning right into Cliffe Road prior to entering Strood, then taking the first left which will take you through to Brompton Lane, the premises are on your right with adequate local street parking. Reference to a town map may be of assistance or Sat Nav via the postcode.

Trade areas: Attractively refurbished and recently decorated single fully carpeted combined Public / Saloon bar with modern complementary furnishings and part fitted banquet seating, 2 x large flat screen TVs, darts throw and Pool table together with in house audio equipment. Excellent internal Ladies WC is off to the left, which has been completely refurbished to a very high standard. Internal Gents WC is off to the right. A fully equipped and easily supervised attractive servery services the whole bar with floor fitted access flap to basement refrigerated beer cellar. Off the rear of the bar area, further access to enclosed smokers canopy with large screen LCD TV, bar linked audio speakers and circular six seater picnic tables with a number of fitted table top dwarf liquid gas patio heaters. Further assess rear off the smokers shelter to fully enclosed and fully illuminated lawned trade garden with a number of similar circular picnic tables and defined illuminated Bat'n Trap pitch. Private rear access gate off the trade garden to Wykeham Street. We understand other than the usual hot snacks for event nights food is not currently offered. GFCH is fitted throughout the entire premises and all main services are connected. The premises are fully alarmed.

Externally: Side gated access to the rear of the premises. Local street parking is available (Restrictions may apply).

Private Accommodation: Utility room off rear of servery with spirit cupboard. The private accommodation consists of first and second floors, with two attic bedrooms to the second floor, two bedrooms to the first floor (One currently in use as an Office), good sized lounge, fitted domestic kitchen, Bathroom with fitted additional shower unit and WC.

Trade: Latest accounts to 31st March 2009 indicate average weekly takings at £3,524.00. (Yearly turnover at £183,224. showing 54% GP) resulting in a healthy bottom line year end net profit. Accounts will be made available to serious enquirers. All figures are Net of VAT.

Tenure: 16 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. 85% machine income profit is paid to the Lessee

Rent: £16,852. pa. Including insurance (Net of VAT), next review due November 2012. and five yearly thereafter.

Rates: The current net business rates payable are £2,061.00.pa

Licence: Premises licence: Permitted hours 10am to 23.30pm Monday to Thursday, 10am to 12pm Friday and Saturday, Sunday 10am to 11.00pm. With provision for live entertainment

Price: Realistic offers are sought to £35.000 for the unexpired lease to include full 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

BACK

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.