FOR SALE

'SOLD'

By Private Treaty Franchise Agreement on

'THE HOPE & ANCHOR'

Vale Street
Denbigh
Clwyd

Occupying a prominent main road position within easy walking distance of Denbigh Town Centre
within a tourist destination area and some 7 miles of the A55 trunk road providing access to the whole of North Wales this Public House offers an established 'locals' trade with the advantage of 4 lettings rooms plus residents lounge, children's play area and private car park. Darts teams, quiz nights and league plus golfing society feature prominently in the promotion of the business and scope exists for further enhancement possibly via the introduction of a full catering operation.
ACCOMMODATION
Ground Floor
Two lounge areas. Central Bar Servery. Public Bar. Ladies & Gents toilets. Catering Kitchen. Residents Dining Room. Office. Laundry Area.

First Floor
4 Letting bedrooms (3 with full ensuite facilities).

Seperate Living Accomodation
Briefly comprising:
Lounge, Dining Room, 2 Bedrooms (Master Bedroom with en suite faculties).

Sub Floor
Beer and bottle cellars.

External
Car park for some 15 motor vehicles. Patio and beer garden. Detached private garage.

Services
All mains services are available and connected. The property has a full central heating system, fire alarm and intruder alarm system.

Trading Levels
Our clients trading accounts indicate a consistent trade with a turnover in excess of over £100,000 per annum (excluding V.A.T.) producing a Gross Profit Margin of some 43.54%.

Access will be given to our clients trading accounts only to genuinely interested parties in due course.

Opening Hours 12.00 to 14.30 & 17.00 to 23.00 Monday to Friday 12.00 to 23.00 Saturday 12.00 to 22.30 Sunday.

Typical Bar Prices (at 1 4..2004) Bitter £1.95 per pint Lager £2.10 per pint
Guinness £2.30 per pint Spirits £1.60 for 35ml measure Wine £2.75 for 18.75cl bottle.

Room rates are £18.50 per person and the property has a family room (4 persons) Single, Double and Twin Room.

Assessment
Rateable Value £4,250 Rate in the pound 45.6 pence (2004/2005)

Tenure
The property is held on a 3 year Business Development Agreement from Messrs. Inn Partnership at a present rental of £16,000 p.a. A franchise fee equating at 2% of the turnover is also payable
The rental is subject to review every 3 years and the last such review was 1n February 2002.

Viewing Arrangements
Strictly by appointment which can be made via our office.