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The Prettygate
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The Prettygate

The Commons
Colchester
Essex
CO1 4NW
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SOLD


Location
Situated adjacent to a parade of shops on a private estate within 1 mile of Colchester town centre. Good local transport and facilities close by.
Trade Accommodation
A re-designed ‘L’ shape bar with plenty of seating and tables, the top of the ‘L’ provides a sports area, pool, darts and Big Screen TV, this area has a wooden floor for hard wear. The fully tiled ladies and gents toilets are accessible from both bar areas To the rear of the servery is a disabled toilet, staff cloak room, passage to upland cellar and the new trade kitchen, fully fitted with extractor unit and stainless steel units. The premises are fitted with emergency lighting, fire sprinkler system, CCTV, intruder alarm and full central heating.
Private Accommodation
comprises of main bedroom with fitted wardrobes, large lounge, bathroom with shower and toilet a further two bedrooms, one of which is used as a office which houses the CTTV monitoring unit. Outside: To the front of the house is a large patio area with 10 picnic tables, car parks to the side and rear with spaces for about 20 cars.
Tie
Tied lease.
Trade
An ex managed house recently undergone a major refurbishment. Promoting food with OAP special lunches, Tuesday steak and music quiz night. Food is readily available Monday to Saturday. Karaoke on Saturdays and the occasional music during the week. Their cask ales have won recognition by CAMRA. The takings are in the region of £7,000 per week and rising, the split is 90% wet and 10% food, with fruit machines adding another £500 pw.
Tenure
A Scottish and Newcastle Pub Enterprises rolling three year assignable agreement, Landlord and Tenant protected with rent reviews every three years, assignable after two years, next rent review August 2007 (details from www.pub-enterprises.co.uk).
Rent
Current rent is £46,800 per year
Price
We are seeking offers in the region of £110.000.00 plus stock and glassware at valuation on the day of change. In addition the purchasers will require monies for their own legal fees, Pub Enterprises security deposit and rent in advance if required, these sums will be discussed at interview stage.


Viewing Details :-
After an initial discreet viewing of the trade areas only all persons who wish to view the private quarters should make an appointment via the vendors “Sole Agents” who will at this stage request proof of finance and discuss the requirements of the freeholders.
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 :- George Young
Finance Available


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
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