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“The Grantley Arms” has been run under management for many years and the present Lessees have been at the premised since 01 April 1990.
VIEWING
HIGHLY RECOMMENDED
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The premises provide the following facilities :
A comfortably furnished and timbered Lounge Bar, adaptable spacious split level Functions/Dining/Meeting Room; Pool/Meeting Room; Servery with bottle cooler, beer pumps etc.; Ladies and Gents Toilets; Office; Catering Kitchen with extensive range of commercial equipment; Walk-in Cold Room; Staff Room; refrigerated Beer Cellar; Car Park; Patio; Stores; Laundry Room.
The domestic accommodation on the first floor has 7 rooms; Bathroom & WC.
Separate Staff Accomodation with Bedroom; Kitchenette; WC & Shower.
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| Tenure |
The premises are held under the terms of a Vanguard (Allied) Lease for 10 years from August 1998 for a term of 10 years.
The Lease is protected by the Security of Tenure Provisions in Part II of the 1954 Landlord & Tenant Act and provides freedom from Tie for 1 Guest Beer, Wines, Spirits,
Minerals, LAB’s, NAB’s, Alcopops and Amusement Machines.
Full vacant possession will be given at completion. |
| Rent |
Currently £49,332. p.a. subject to annual indexation (RPI) and 5-yearly review. |
| Trade |
We are advised ex-VAT takings for the year to 31 March 2001 will exceed £425,000.
Catering represents 46% of the total. Gross Profit Wet 62.5% Dry 63.5%
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| Rates |
Waverley Borough Council - Rateable Value £26,000
Payable 2000/2001 £7,508.38 p.a.
Charge Band C
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| Licence |
South West Surrey Licensing Division
i) Full Justices ‘ON’ and ‘OFF’ Licence
ii) S.34 Permit for 2 AWP machines
iii) S.68 Certificate (Supper Hours)
iv) S.168A Certificate (Children’s Certificate)
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| Price |
Offers are invited in the region of £135,000 for the benefit of the residue of the Lease, Business Goodwill and Trade Inventory. Stock-in-Trade and Glassware is to be extra at
Valuation on completion.
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| Viewing |
Full viewing is STRICTLY by appointment with the Vendor’s.
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Negotiations for this Sale are being handled by :
James Bufton & Co
39 New Road
Milford
Godalming
Surrey
GU8 5BE
Tel: 01483 421111
Fax: 01483 424140
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Best Pub Sales pride
themselves in offering a friendly, reliable service which can help
YOU purchase your pub in record time and with a minimum of
fuss. If you have any problem contacting James Bufton please
contact us direct. |