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   The Good Intent, Kent, Leasehold Auction ID : 104240   
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The Good Intent, Kent, Leasehold

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Current Bid -
Start Bid GBP 0,01 [ Convert ]
Quantity 1
# Bids 0
Location ME38TA, Kent
Country United Kingdom
Time Left Closed
Start Time 02 Jul. 2008 09:50:03
End Time 30 Jul. 2008 09:50:35
Status Closed
Winner(s) N/A
Seller Information
LPS (0)
Registered since 17 Apr. 2007
in United Kingdom
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Description

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The Good Intent.

Rochester, Kent

Leasehold.




Location: Large detached wet led community style public house realistically priced offering further scope to develop the supportive mainly local trade, surrounded by residential housing and currently offering regular jazz sessions and Sky TV the premises are further supported by three pool teams, and a darts team, food is not at present offered. Premises are situated between The Delce and the lower end of Rochester Maidstone Road and are best approached from the bottom of Star Hill (A2) at the traffic lights turning into Victoria Street (B2097), taking first left into Cazeneuve Street, across King Street into John Street, reference to a town map may be of assistance.

Trade areas:: Lobby to left hand large public bar with pool and darts facilities, mixed seating and tables, the public bar is serviced by fully fitted servery with the attraction of recently installed refrigerated real ale 4x4 racked cask beer facility allowing real ale to be drawn 'direct from the cask' and forming an attraction to the servery back fitments. Gents W.C off the bar with further family room and Ladies WC off. Rear lobby, accessed via the trade garden, incorporating Ladies and Gents WCs to large and spacious fully carpeted lounge bar with Bar Billiards table, complementary furnishings and fixed banquet seating, the lounge bar is serviced by a separate inter communicating servery with lobby passage to further rear entrance and access to refrigerated beer cellar and spirit store. Premises have CCTV installed throughout the public areas together with intruder alarm. Full GFCH throughout the premises and all main utility services are connected.

Externally: From the lounge bar via the lobby to fully fenced and enclosed trade garden with a number of picnic tables and further gated separate entrance to John Street. Customer car park to the left elevation, further un-restricted street parking is available local to the premises. Rear enclosed private yard off the car park with separate private entrance.

Private Accommodation: : Kitchen, dining and utility room off the rear lobby to the ground floor. First floor accommodation consists of three bedrooms, lounge, bathroom, separate WC; two further loft rooms to the second floor. (We are advised the accommodation is in the process of being re-decorated).

Trade: We have not at this stage had sight of the accounts and are advised the yearly turn over is in the region of £188.000. (Net of VAT) which includes a small AWP profit share as paid to the lessee. Premises are free of all ties relating to Wines, spirits, soft drinks and minerals with an advised GP of 52% on sales. Full accounts will be made available to serious enquirers.

Tenure: 15 years fully assignable lease remaining on an Enterprise Retail Partnership agreement with partial repairing obligations and full insuring obligations. Tied for beers only, 40% machine income profit share is paid to the Lessee

Rent: Currently £20,400.pa. Including insurance (net of VAT), next review due November 2012. and five yearly thereafter.

Rates: We are advised the current net business rates payable are £2,500.00.pa.

Licence: Permitted hours: Monday-Thursday 9am to Midnight. Friday and Saturday 9am to 1am. Sunday 9am to Midnight. (Provision for live music).

Price: We are seeking offers very near to £47,000. For the unexpired lease to include trade inventory, plus stock and glassware at completion, additional funding will be required for some advance rent and legal fees. (Finance is available, subject to status).

Viewing: Discreet viewing of the public areas during normal hours, arrangements to view the accommodation is strictly by appointment through the agency on 01634 254408

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The Good Intent, Kent, Leasehold
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The Good Intent, Kent, Leasehold

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