*FIRST TIME AVAILABLE IN OVER 20 YEARS*

On the Instructions of the Lessee

  As Sole Agents we offer

“THE FIGHTING COCKS” & “CEDARS WINE BAR”,

1 HIGH STREET, BAGSHOT, SURREY

The premises occupy a highly visible, prominent position at the junction of the A30 London Road and High Street – an excellent trading position. The property has been in the same hands since 1985 and retirement of the lessee makes this opportunity become available. The FIGHTING COCKS has been run by the managers for the past 4/5 years and offers considerable scope.

In addition to the bars the property has the benefit of THE CEDARS WINE BAR, which can operate separately from the bar or also as a private Functions Room.

Substantial letting is undertaken, but the accommodation is flexible and part could revert to owners accommodation without too much difficulty.

THE PREMISES PRESENTLY PROVIDE THE FOLLOWING ACCOMMODATION:

Large PUBLIC BAR with big screen television projector, pool table, AWP machine etc., LADIES and GENTS TOILETS, BAR SERVERY, LOUNGE BAR with plasma screen television and double doors to THE CEDARS WINE BAR with its own BAR SERVERY, LADIES and GENTS TOILETS, BASEMENT BEER CELLAR, WINE STORE, LAUNDRY ROOM, BOILER ROOM, REAR PATIO, CAR PARK, PATIO with pergola at front.
8 Letting Bedrooms (4 with showers) providing accommodation for 17. Manager’s bedsitting room, shower room, toilets, linen store.

Services 

All main services are connected.

Tenure 

The premises are held under the terms of a PUNCH PUB COMPANY lease for 10 Years from 28th April 2001.

The lease is protected by the Security of Tenure Provisions in Part II of the Landlord & Tenant Act.

Rent

The passing Rent approx £53,500:00 per annum, subject to annual indexation (RPI) and five yearly reviews.

Trade 

Accountants figures provide the following information:

Year Ending
Takings
   
31-03-2005
£397,158:00
   
31-03-2004
£371,212:00
   
31-03-2003
£384.607:00
   
31-03-2002
£368,856 :00
   
31-03-2001
£369,474 :00
   
   

Letting and Machine income represents approx 22% of total

Rates  Surrey Heath Borough Council - RATEABLE VALUE £ 30,000
Price 

Offers are invited in the region of £150,000:00. for the residue of the Lease,
Business Goodwill and trade inventory of Furniture, Fittings & Equipment.
Stock-in-trade and Glassware is extra at valuation on completion.

Viewing 

Full viewing is STRICTLY by appointment with the Vendor's Sole Agent - James Bufton & Co.

PLEASE BE DISCREET AND DO NOT DISCUSS THIS MATTER WITH THE STAFF AT THE PUB.

N.B.

All figures exclude VAT (except where stated)

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