THE ORSETT COCK.STANFORD ROAD.ORSETT.GRAYS.ESSEX.RM163BL

LOCATION: 
Situated at the busy junction above the A13[London to Basildon Road] at the intersection with the A128,which leads to Grays in one direction,and Brentwood in the other.
 
TENURE:
22+ years remaining on an original 25 year Enterprise Pub co plc lease ,from March 2007.

REPAIRS:
Full Repairing and Insuring Lease.
 
RENT:
£30855.00 per annum with  reviews every 5 years,the next being March 2012.

TIE:
Tied for all Beer products .
FREE OF TIE for wines,spirits and minerals.
Machines. 50/50 split after expenses.
     
PREMISES LICENCE:
The sale of alcohol is allowed as follows:
 Sunday to Thursday     –11.00-23.30
        Friday and Saturday    - 11.00-00.30
 
TRADE LEVEL:
We are advised that the declared  sales are circa £4000 per week.
We are in receipt of accounts to year end 30.07.08.
The premises traded as a destination venue,with food and music events attracting a wide age group.
Recent staffing changes,have forced a change of direction,and the present owners now wish to sell due to other business commitments.

HISTORY:
The present leasees acquired the premises in 2007,and entered into an extensive refurbishment
 programme . This included  new roofing,new boiler,redecoration internally and externally,and the fitting and equipping of an expensive kitchen and furniture and fittings within the trade areas. 

 
ACCOMMODATION:
Trade - Ground Floor.The Front Bar is accessed via two lobbied entrances.Part wooden/carpeted flooring.
To the left ,feature open brick built fireplace,plasma tv,double doors to side garden area, further doors to ladies and gents toilets.
To the right ,Pool table/Darts area.    Occasional table and chair seating throughout.
Double doors lead to Function Room entrance lobby,doors to ladies and disabled toilets ,and entrance door from carpark.
Function Room.Large room,wooden flooring,moveable stage,house music equipment,table and chair seating available for 80/100 Covers.
Doors to private areas,kitchen and double doors to carpark.
Kitchen.Comprising of 2 large rooms,newly equipped and fitted in 2007.
Walk in freezer,staff toilet and door to rear private yard.
Main area comprises,oven,chargrill,deepfat fryer,combi oven,overhead extraction,hot cupboard,under counter refrigerated units,sink,and microwave.
Front area.Upright freezer,refrigerated unit,dishwasher,stainless steel tables and surfaces,double sink and drainer,with altro flooring and tiled walls throughout.
Door to rear of servery.Stairs down to Cellar comprising,spirit lockup,boiler room,office/storeroom[cctv],delivery area,with upright freezer,chest freezer,ice machine and storage shelving,cold room.
Stairs up from rear of servery to
Private Accomodation.comprising bathroom[bath,shower,basin,wc],double bedroom with ensuite wc,large lounge,kitchen[new modern white units and wood effect work surfaces including washing machine,oven and grill] with door to flat roof[which could be developed upon to increase accommodation],2 further double bedrooms.
Outside.very large wrap round carpark,with large trade gardens to side and rear.

     
  PRICE:
We are seeking offers in the region of £55000 for the remaining leasehold interest,the potential available from this high profile,well equipped siteti include the inventory of fixtures and fittings,with stock and glassware in addition at valuation.
The freeholders will require additional funds to cover payment of a deposit[based on 3 months rent],one months advance rent,with additional funds for legal fees and working capital.

VIEWING:

STRICTLY BY APPOINTMENT THROUGH THE VENDORS AGENTS.
(Martin Smith has personally inspected this property)
YOUNG AND SMITH
110 GROVE ROAD
BOW
LONDON
E3 5TH
 Telephone 020 8980 7932
Email: martin@mvsmith.co.uk