Six Quality Gastro Pub Businesses for sale

Transcription

Six Quality Gastro Pub Businesses for sale
On instructions of the Administrators of The Town & Country Pub Co Limited
Important information
Stock & Glassware
This document (“the document”) is issued on behalf of the Administrators of The Town and
The purchase excludes wet and dry stock, glassware, fuel supplies and cleaning materials which all need
Country Pub Limited by Colliers International on the terms and conditions set out below for the
to be purchased in addition, at valuation on completion.
exclusive use of person to whom it is addressed and their advisers in connection with the proposed
Employees
sale of six of its assets. Colliers International gives notice that this Document sets out as a general
Where the business is being sold as a going concern under TUPE all staff will be transferred to the buyer.
outline only for the guidance of intending Purchasers, and do not constitute any part of an offer or
Legal Costs
contract.
Each party is to be responsible for its own legal and professional fees in connection with any transaction.
The Administrators and Colliers International act as agents only and without personal liability. They
cannot and will not provide any guarantees or warranties as to the information provided herein.
Details are given without any responsibility and any intending Purchasers, or lessees or Third Party
should not rely on them as statements or representations of fact, but must satisfy themselves by
inspection or otherwise as to the correctness of each of them. No person in the employment of
Colliers International has any authority to make any representation or warranty whatsoever in
relation to these properties.
Offers
Indicative offers are required by 12noon on Friday 8th November 2013 by email. This should include the
name of the purchaser, a proposed timetable to complete the transaction and clarification on whether
your offer is subject to any bank finance. Offers are invited for the group or individual properties.
Viewing Appointments
All viewings and requests for further information should be made through sole agents, Colliers
Fixtures & Fittings
International. Staff are unaware of our client’s intention to the dispose of these assets in no
The sale of the property will include trade fixtures & fittings which are in the absolute ownership of
circumstances should any direct approach be made to any members of staff.
the seller and in situ on completion. Any branded or leased items and any items owned by third
parties will be excluded. An inventory of fixtures & fittings will not be provided by the seller. If
Group enquiries
All enquiries regarding possible group purchases should be made to:
required, the buyer may obtain an inventory (approved by the seller) at his/her own cost. The
seller will not be required to remove any such items that remain in the properties on completion.
Ross Kirton MRICS
T: +44 20 7487 1615
E: [email protected]
LICENSE D AND LEISURE |
UNITE D KINGDO M & IRELAND
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Key Contacts
ROSS KIRTON MRICS
CONNIE START
Director | Licensed & Leisure
Graduate Surveyor | Licensed & Leisure
TEL: 020 7487 1615
MOB: 07917 899 175
EMAIL: [email protected]
TEL: 020 7344 6540
MOB: 07826 551 922
EMAIL: [email protected]
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LONDON | LEASEHOLD
Bollo House, 13-15 Bollo Lane, Chiswick W4 5LR
Location
The Property is located in West London in the affluent suburb of Chiswick. It is situated on Bollo
Lane, a lane that connects the Property to Chiswick Park Station and is located opposite
Gunnersbury Triangle Nature Reserve. The Property is surrounding by high value residential
dwellings.
Description
The Property is a two storey building of brick construction under a flat roof. There is a
dedicated outside area to the front of the Property for 70 covers and a garage is located to the
rear.
Internally the ground floor is presented in a large open plan lounge bar/ dining area with a sofa
area to the rear for approximately 100 covers. Ancillary accommodation provides a trade
kitchen and customer WC’s. The first floor comprises of two doubles bedrooms, single
bedroom, kitchen/lounge, WC and utility room. A self-contained managers flat is also at this
level and comprises of a double bedroom, single bedroom, lounge and WC with bathroom. The
attic contains a further double bedroom. Further storage and cellarage is located at basement
level.
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LONDON | LEASEHOLD
Bollo House, 13-15 Bollo Lane, Chiswick W4 5LR
Tenure
Leasehold for a term of 21 years from 17 July 2000 at an annual rent of £82,000 per annum,
subject to three yearly rent reviews. The lease is tied to Greene King for beers, ciders and
FABs.
Terms
Premium offers in the region of £175,000 are invited for the benefit of our clients’ leasehold
interest and goodwill.
Business Overview
The Property had a turnover to January 2013 of £1,067,000 (net VAT). The Property is a food
led local neighbourhood pub that is popular with local residents and students.
Rateable Value
The Property is listed on the 2010 Valuation List as having a rateable value of £45,000.
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LONDON | LEASEHOLD
The Bridge, 204 Castlenau, Barnes SW13 9DW
Location
The Property is located in south west London in the affluent area of Barnes, adjacent to
Hammersmith Bridge along the River Thames. It is situated on a prominent corner position on
Arundel Terrace and Castelnau (A306) a road that links Hammersmith to Barnes and the Upper
Richmond Road. The Property is surrounded by high value residential dwellings and a parade of
retail shops.
Description
The Property is a three storey building of brick construction under a flat roof. To the rear is a
single storey extension under a pitched tiled roof. There is a dedicated outside area to the rear
consisting of a raised decked area for 40 covers and a patio area for 30 covers.
Internally the ground floor is spilt into a bar/informal dining area for approximately 50 covers to
the front and to the rear is a formal dining area for approximately 30 covers. Ancillary
accommodation at this level provides a trade kitchen and male and female customer WC’s.
Further storage, managers office and cellarage is located at basement level.
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LONDON | LEASEHOLD
The Bridge, 204 Castlenau, Barnes SW13 9DW
Tenure
Leasehold for a term of 15 years from 7 October 2008 at an annual rent of £120,000 per
annum. The lease is fully tied to Star Pubs & Bars.
Terms
Business Overview
The Property had a turnover to January 2013 of £805,000 (net VAT). It is presented as a local
food led business with the main clientele being that of local residents.
Rateable Value
.
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LONDON | LEASEHOLD
Ealing Park Tavern, 222 South Ealing Road W5 4RL
Location
The Property is located in West London in South Ealing on South Ealing Road, a high street that
connects Ealing Broadway to Brentford. It is situated on a prominent corner position fronting
Carlyle Road and South Ealing Road and is located opposite Clayponds Park. The surrounding
occupiers include residential dwellings and secondary retail shops.
Description
The Property is a three storey building of brick construction under mutli pitched tiled roofs with
a single storey rear extension. To the rear is a large dedicated outside patio area with a
separate bar servery and BBQ area for 60 covers. To the rear is an outhouse currently being
utilised as a photography studio.
Internally the ground floor comprises of a central bar servey which is spilt into an informal bar
area/ informal dining area for approximately 50 covers and a restaurant for approximately 40
covers is located to the rear of this level. Ancillary accommodation at this level provides a trade
kitchen and customer WC’s. To the first floor are three double bedrooms, WC, shower room and
utility room. To the second floor are three double bedrooms, kitchen, living room and bathroom.
Further storage, and cellarage is located at basement level.
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LONDON | LEASEHOLD
Ealing Park Tavern, 222 South Ealing Road W5 4RL
Tenure
Leasehold. The lease has expired and the tenant is holding over however we understand that
this is a Protected Agreement at a rent of £70,000 per annum, subject to fixed RPI increases.
The lease is tied to Enterprise Inns for Beers, Ciders and FABs.
(Further information to be provided).
Terms
Premium offers of in the region of £125,000 are invited for the benefit of our clients’ leasehold
Business Overview
The Property had a turnover to January 2013 of £820,000 (net of VAT). The Property is a food
led business which has the benefit of an extensive dining area.
Rateable Value
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BERKSHIRE | LEASEHOLD
Spring Inn, Bath Road, Sulhamstead, Reading RG7 5HP
Location
The Property is situated within Sulhamstead, Berkshire an attractive area approximately six
miles west of Reading. The premises are situated fronting the A4 Bath Road which connects
Reading with Newbury and is adjacent to Sulhamstead and Ufton Cricket and Hockey Club.
Description
A prominent two storey detached pub of brick construction beneath a pitched tiled roof. A
large customer car park and al fresco dining area are provided to the rear.
Internally it is formed of an open plan trade area providing a bar area for approximately 15
covers and a dining area for approximately 36 covers. A further dining area is provided at first
floor level together with domestic accommodation. Ancillary accommodation at ground floor
provides trade kitchen and customer toilets. Cellarage is located at basement level.
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Spring Inn, Bath Road, Sulhamstead, Reading RG7 5HP
Tenure
Leasehold for a term of 10 years expiring on 19th September 2021 at an rent of £62,000 per
annum, subject to fixed RPI increases. The lease is fully tied to Enterprise Inns with the
exception of wines which the current tenant can opt to pay a tie release fee for.
Terms
Business Overview
The Property has a turnover to January 2013 of £790,000 (net of VAT). The business has
been developed as a destination food house catering. Trade is supplemented from
entertainment events.
Rateable Value
11
La Primavera, 16 Charnham Street, Hungerford RG17 OES
Location
The Property is located in West Berkshire in the market town of Hungerford. The Property is
situated on Charnham Street, a high street that links Hungerford to Froxfield to the west and
Hungerford Newtown to the north. The Property is centred around the River Kennet to the
north and the River Dun to the south. The surrounding occupiers include residential dwellings,
other licensed operators and secondary retail shops.
Description
The Property is a two storey building of brick construction under a multi pitched tiled roofs. A
large customer car park and decked area is presented to the rear for approximately 20 covers.
Internally the Property is predominantly laid out as a restaurant with ancillary bar. It is
presented in a rustic style throughout. A conservatory to the rear provides further dining
accommodation. Ancillary accommodation at this level comprises of male and female customer
WC’s and trade kitchen . We have not inspected the first floor accommodation.
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La Primavera, 16 Charnham Street, Hungerford RG17 OES
Tenure
Leasehold for a term of 20 years, at an rent of £40,000 per annum. The lease is free of tie.
Terms
Business Overview
The Property had a turnover to January 2013 of £440,000 (net of VAT). The business has
been repositioned and is now presented as a neighbourhood Italian restaurant with ancillary
bar.
Rateable Value
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OXFORDSHIRE | LEASEHOLD
Flowing Well, Sunningwell, Abingdon OX13 6RB
Location
The Property is located in south Oxford in the village of Sunningwell . The Property is situated
at the junction of Sunningwell Road and Pen Lane within the village. The road network
surrounding the village connect Sunningwell with Bayworth in the north, Abingdon in the south,
Sandford – On – Thames in the east and Whitecross in the west. The surrounding occupiers
include Sunningwell School of Art and residential dwellings.
Description
The Property is a two storey building of brick construction under a pitched multi tiled roofs. To
the front is a large customer car park, raised al fresco patio area for approximately 50 covers
and a further lawned garden area to the front for eight benches.
Internally the ground floor is formed in two parts, a public bar and large restaurant with theatre
style grill kitchen. Part of this area can be separated to provide a private area. Ancillary
accommodation at this level comprises of male and female customer WC’s (two sets) and trade
kitchen. We have not inspected the upper parts but understand it provides domestic
accommodation.
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OXFORDSHIRE | LEASEHOLD
Flowing Well, Sunningwell, Abingdon OX13 6RB
Tenure
Leasehold for a term of 10 years from September 2011, at an rent of 61,000 per annum, subject
to three yearly rent reviews. The lease is tied to Greene King for beers, ciders and FABs.
Terms
Business Overview
The Property has a turnover to January 2013 of £553,000 (net of VAT). It is a detached
historic food led pub.
Rateable Value
15
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Six Quality Gastro Pub Businesses for sale

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