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Chatham Kent ME4 4NR Click here for Map |
| Location Situated in a densely populated area amidst a variety of small shops and businesses near to the Luton Arches / Chatham Hill end of the High Street, just off the main pedestrian area and shopping centre of Chatham town which is ear marked for substantial development Excellent and very supportive mainly local trade, a highly recommended well established and busy wet sales led venue for interested parties keen and able to continue with the local support in this very profitable and busy outlet. Best approached via the A2, which runs through the Medway Towns. Should you not be familiar with the Medway towns reference to a local map would be of assistance. |
| Trade Accommodation Two front and further side entrances to a horseshoe shaped timber floored combined saloon and public bar with a wealth of public house bric-a-brac and vintage local photographs, large screen TV, secondary plasma TV, pool and darts facilities, traditional furnishings, central shaped and easily supervised fully fitted servery, internal ladies and Gents WCs. Access off bar to trade kitchen and utility room. Basement cellar, off servery, with small office, cellar reception and refrigerated beer store. Further access off rear of main bar to attractive and illuminated fenced trade garden with BBQ facilities and combination bench seats. GFCH throughout the public areas. All main services are connected. |
| Private Accommodation Stairs up from rear passage to first floor accommodation consisting of lounge, three bedrooms, bathroom / shower, WC. |
Tie Free of all ties. |
| Trade We are advised average weekly takings are £5300.00.Net of VAT at 56% GP together with additional weekly machine income profits of £250.00. There is currently no food offered at these premises. (All machine profits are paid to the lessee). These premises are free of all ties regarding the supply of Wines, Spirits, beers, soft drinks and minerals. Accounts will be supplied to serious enquirers. |
| Tenure / Licence New full repairing and fully insuring ten year lease is offered. The lease is fully assignable at the offset. Licence: New Premises licence is in effect and a variation of the original permitted hours is in place with extended hours throughout the week. Mon-Thurs 9am-11.30pm. Fri-Sat 9am-1am. Sun 9am-12pm. |
| Rent / Rates (Net) £38,000.00. Pa. including insurance. Review due commencement of year five with further five yearly reviews thereafter. We are advised the current net business rates payable are £9534.00.p.a. |
| Price We are seeking serious offers near to. £60.000. For the lease to include full trade inventory, plus stock and glassware at completion, additional funding will be required for some advance rent and legal fees. . |
| Viewing Details :- STRICTLY BY APPOINTMENT THROUGH THE VENDORS AGENTS. YOUNG AND SMITH Telephone 020 7709 8788 Fax 020 7709 8789 For further details on this Public House please Contact :- Martin Smith |
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| Misrepresentation Act 1967
n b. the information contained in these particlars has been verified by Young & Smith staff so far as it has been possible to do so. Young & Smith believes the information is correct, objective and unambiguous and meets in all respects, the requirement of the property misdescriptions act and order |