The Victoria

SOLD

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"The Victoria" is a residential property situated in an much sought after area on the B385 between New Haw and Woking, Surrey, UK  – an excellent trading position from which custom is drawn from West Byfleet, Woking and Weybridge. For location Map - Click Here.

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The house has been run under management for many years and offers great scope for a Multiple Operator or Resident Lessee

Trade is soundly based, and still increasing, gross margins are good and houses of this quality are seldom available in this area.

VIEWING HIGHLY RECOMMENDED

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The centrally heated accommodation is as follows:

Spacious open plan Lounge Bar, Comfortably furnished, with dining area (60 + covers), 2 fireplaces, front and rear entrances, double doors to garden; Toilets; Servery; Office; Spirit Store; large Catering Kitchen with extensive range of commercial equipment; Dry Goods / Preparation Room; Boiler / Veg Store; refrigerated level Beer Cellar; Bottle Store; large Car Park; floodlit Garden with play equipment; Garage.

Private accommodation of 4 Bedrooms, Boxroom, Kitchen, Bathroom, airing cupboard, WC, Entrance Hallway.

Services 

An Intruder Alarm is installed and all main services are connected.

Tenure  The premises are held under the terms of a Punch Lease for 10 years from 15th Feb 2000.

The Lease is protected by the Security of Tenure Provisions in Part II of the Landlord & Tenant Act.
Rent  The Passing rent, gross of barrelage discounts, is £36,407.54 p.a. (ex VAT) subject to annual indexation (RPI) and 5-yearly review.
Trade  Management accounts for the year to 31st March 2003 are available which declare:

Sales (67% wet) at £517,744.00 (ex VAT) 

Machine income (net of rent) at £ 4,044.00 (ex VAT) £521,781.00

Gross Profit (ex- Machines) £311,489.00 (60.16%)
Rates  Runnymede Borough Council
Rateable Value £ 21,200.00
Business Rates payable 2002/2003 £ 9,412.40
Charge Band D = £ 886.82
Licence  North West Surrey Licensing Division
i) Full Justices ‘ON’ and ‘OFF’ Licence
ii) S.34 Permit for 2 machines
Price  Offers are invited in the region of £195,000 for the benefit of the residue of the Lease, Business Goodwill and Trade Inventory.
Viewing  Full viewing is STRICTLY by appointment with the Vendor’s.

All 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

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.

 

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