** HIGHLY RECOMMENDED ** LEASEHOLD SALE ** SOLE AGENCY **

THE THREE CRUTCHES PH. OLD WATLING ST, STROOD, ROCHESTER, KENT. ME2 3UG

Location: Premier flagship public house, part Grade II listed, set in a sought after area located in the rural outskirts of the Medway Towns some two miles from Rochester, attractive large spacious detached and recently refurbished venue in an excellent trading position with very little local competition, fairly described as being in good order, situated just off the A2 / M2 Junction 1 north of the River Medway. The premises are a well known local landmark and a recommended food destination house supervised by a multiple operator who is down-sizing his estate and offers the purchaser an excellent opportunity to further develop the established trade with a 'hands on' approach. Discreet initial public area viewing is highly recommended, best approached via junction one off the M2 /A2 alternatively the A2 Watling Street, north from Strood.

Trade areas: Main side entrance off the car park to recently refurbished and fully carpeted large tastefully decorated atmospheric restaurant area with high beamed ceiling complemented by various items of historical bric-a-brac and recently installed modern dining furniture offering some ninety covers. Attractive and welcoming fully equipped bar servery is situated to the left of the restaurant entrance with further facilities for waiting diners or drinkers only. Double doors to the rear of the restaurant open on to external paved patio with a number of picnic benches and smokers canopy. Internal Ladies and Gents WCs are to the right of the main entrance. Access left off the main restaurant entrance to raised cosy public bar area with darts throw and complementary furnishings serviced by a separate fully equipped servery and further separate front public bar entrance with external part covered, heated and illuminated smokers area. Access off the public bar servery down to fully refrigerated basement beer cellar and delivery reception. The restaurant is serviced by a very well equipped and large trade kitchen just off the rear dining area, which is fully fitted with a wealth of stainless steel catering equipment requiring little if any investment. Further access off kitchen to bottle storage and food storage / general utility rooms, further access to the accommodation situated off the lobby with separate private front entrance. Public areas are fully alarmed. Full GFCH is fitted throughout the premises; all main utility services are connected

Externally: Large fenced car parking area to the right of the premises with some 50 spaces, attractive and extensive lawned trade gardens running off and adjoining the rear patio to the restaurant with a further number of combination picnic tables and child play equipment, small drinkers / smokers patio to the front of the premises

Private Accommodation: Second floor: Two bedrooms. First floor: Office, Kitchen, Bathroom and Dining room.

Trade: Latest accounts (March 2008) indicate annual turnover of £622.601.00. (Net of VAT) with a current split of 60% dry and 40% wet. Premises are free of tie for wines and spirits and 50% AWP machine profit share is paid to the lessee, volume discounts are offered on beer sales, the GP on combined sales advised at 64%. Full accounts will be made available to serious enquirers.

Tenure: 23 years fully assignable lease remaining on an original Punch Taverns full repairing and fully Insuring Lease.

Rent: Currently £54,000.pa. Including insurance (net of VAT), next review due November 2011. and five yearly thereafter.

Rates: We are advised the current net business rates payable are £25,000.00.pa.

Licence: Permitted and currently trading 12 noon to 11.00pm Monday - Saturday, 12 noon to 10.30pm Sunday

Price: All reasonable offers to the further reduced asking price of £159,000 will be considered for the unexpired lease to include 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: (Highly recommended) Discreet viewing of the public areas during normal hours, arrangements 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.