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Advert Ref: R421

Micro Pub In Rochester For Lease

  • Rochester, Kent
Asking price:
£89,950
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

GREAT LOCATION
45 COVERS
TURNOVER £131,124 P.A.
COURTYARD BEER GARDEN
HUGE SCOPE FOR LONGER HOURS

LOCATION
These charming premises occupy a coveted trading location on the outskirts of Central Rochester, serving a well populated residential area. Opposite the premises some 5000 new homes are being built.

BUSINESS
Established by our clients in December 2015 and now only being marketed as a result of the vendors wish to move abroad. Tremendous potential exists for the introduction of longer hours, functions, outside catering and a more active social media presence. The business is listed in the Good Beer Guide and has a licence for live acoustic music one night a week. A pavement licence would also boost trade.

TURNOVER
Accounts show £131,124 P.A. @ £59,000 G.P.

STAFF
Run by 2 partners and 2 part staff WAGES £230 PWK

HOURS
Weds & Thurs - 3.00pm to 11.00pm
Fri & Sat - 12.30pm to 11.00pm (Sun 12.30-9) Closed Mon and Tues

PREMISES
Imposing End Terrace premises with double frontage and single entrance to Bar Area: Seating for 45 at charming purpose built pine furniture, small music stage. Customer W.C and W/basin. Bar Counter with open plan Kitchen Area: 6 burner range and oven, crepe hotplate, extractor canopy, under counter refrigeration. Prep Kitchen: with st/stl prep surfaces, deep sink, dishwasher, upright chiller. Keg racking area with hatch and hoist to Cellar: Large dry cellar area. OUTSIDE: Courtyard Beer Garden to rear with 25 covers. Pedestrian access. 1 Parking space.

OBSERVATIONS
The premises have been totally refurbished including rewiring and soundproofing.

TENURE
12 years remaining on original 15 year lease RENT - £10,400 P.A. (5 year reviews)

EPC RATING
TBA

BUSINESS RATES
Nil currently payable

Property:
Leasehold

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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