Substantial Essex Dining Pub For Sale

Business description

New tied lease with terms to be agreed
Proposed commencing guide rent of £14,500 pa
Modern purpose built community public house
Open plan bar (100), self contained function room
Prominent trading position on main road
Large car park, exciting business opportunity

Property information

Property:

Leasehold

Lease terms:

The following agreement which is being proposed for discussion is being offered by Enterprise Inns:-
Retail Partnership Tenancy (RPT)
The guide rent is £14,500 per annum. Subsequent rental levels are to be discussed with the regional manager. Discounts per barrel of £79.72 on all barrels delivered during the life of the agreement. The lease or tenancy is available for a minimum term of 1 to 20 years. It is normally tied for all beer, cider, FABs, wines, spirits and minerals. Consent is required in relation to gaming machines, subject to a share arrangement with an approved gaming machine supplier. The retailer is responsible for the day-to-day maintenance. All costs are subject to VAT.

Leasehold rent:

£14,500 per annum

Living accommodation:

Owners Accommodation Situated on the first floor the private accommodation comprises: 3 double bedrooms, bathroom/separate WC, lounge, domestic kitchen and box room.

Premises details:

Public Areas
Entrance lobby.
Main bar – open plan with large bar servery, ample seating and raised areas for casual drinking and dining (100). Ladies and gentlemen’s WCs.
Function room– fully self contained with own entrance, with seating for approximately 60. Dance floor and bar servery.
Ladies and gentlemen’s WCs.
Ancillary Areas
Trade kitchen – generous size located at the rear of the property.
Level beer cellar.
Ample service and storage accommodation.
Walk-in chillers
Office.
Staff WC.
External Details
There is a large car park to the front of the property (40+). Beer garden and paved patio located to the side of the property. Private owner’s garden.

Other information

Furniture / Fixtures value:

£11,000