ACCOMMODATION
Ground Floor
Multi level spacious lounge areas with two entrances, separate
Pool Room, Central Bar Servery, Toilet Facilities, Catering
Kitchen.
First Floor
Seperate Living Accomodation
Briefly Comprising:
3 Bedrooms. Lounge. Kitchen. Bathroom. Separate W.C. Store/Office.
Second Floor
3 Further Bedrooms. Bathroom - offering scope for letting
rooms.
External
Enclosed rear yard area. Detached garage and outbuildings.
Car park to side and rear of premises.
Services
All mains services are available and connected. The property
has a full gas fired central heating system, intruder alarm
system and fire alarm system.
Trading Levels
Our clients trading accounts indicate a turnover in excess
of £325,000 per annum (net of V.A.T.) producing a Gross
Profit Margin of some 42%.
Access will be given to our clients trading accounts only
to genuinely interest parties in due course.
Tenure
The property is leased from Messrs. Inn Partnership Ltd. on
a 10 year Franchise Agreement which commenced in April 2001.
The present rental is £47,625.00 per
annum with a Franchise Fee at the rate of 1.5% of takings
also being charged. The tenant receives the benefit of a discount
from standard trade price lists commencing at £35.00
per barrel from the first barrel purchased.
Purchase Price
Including all trade fixtures and fittings which include 2
large screen televisual projectors and kitchen equipment a
premium of £65,000 is sought for the leasehold interest
with Stock, Glass and Stores to be added, at valuation.
A full inventory of the Fixtures & Fittings will be made
available to interested parties in due course.
Viewing Arrangements
Strictly by appointment which can be made via our office.
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