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From Porters Chartered Surveyors September 2002. Ref P2068.
TOWN CENTRE LEASEHOLD FOR SALE
LEASEHOLD GUIDE PRICE
£65,000 'ALL AT' PLUS SAV.
FREE OF ALL TIES.
LOCATION
Jays bar is situated in the pedestrianised part of Bench Street which is
used as the pedestrian link between Dover town centre and the De Bradlei
Wharf shopping centre and the adjoining marina on Dover Seafront. The
popular White Cliffs Experience is within a short walking distance of the
property as are a number of large car parks.
ACCOMMODATION
Front entrance lobby leading to large open plan bar area measuring
approximately 36 ft by 36 ft overall including bar servery which is pine
panelled with polished counter top part matching back fitting optic shelf,
ventilation fans, electric till, bottle chillers, wine racking, adjoining DJ
area/rostrum.
Bar area is part carpeted with solid timber partitioning work, brick
pillars, part wood block flooring by pool table/dance floor, bench seating,
pine tables, chairs and benches, fruit machine, juke box, tiled over bar,
ceiling beams, radiators, part tiled ceiling.
Basement cellar with coke machine, cooled beer cellar, general storage area,
ice machine, staff WC, safe, spirit store and bottle store.
On the first floor, gents toilet with lobby, non-slip flooring, stainless
steel urinal, wash hand basin, 2 WC's, tiled walls, electric hand dryer.
Ladies comprising: lobby, 4 WC's, lino flooring, 2 vanity style wash hand
basins, shelving and mirrors. Both ladies and gents are ventilated.
There are 2 further floors over, the second floor is utilised for office
space and the third floor is utilised for storage purposes.
SERVICES
The property is connected to all main services.
BUSINESS
The
business is open 4 nights per week only, Wednesday, Thursday, Friday and
Saturday evenings with Friday and Saturday being the most popular.
Turnover is currently running in the region of £3,500 per week from wet
sales and it is considered that there is a tremendous scope to increase
turnover as the property benefits from a public entertainment licence with a
limit of 180 customers.
TENURE
The property is held under the terms of a 24 year lease which was
granted in 1993 and therefore has approximately 15 years to run. The passing
rent is £10,000 per annum and the next review is due in 2005.
The lease is on a Full Repairing and Insuring basis and is free of any ties.
RATES
The property has a rateable value of £6,400 and the current rates
payable are £3,271.38
LICENCE
The property trades with the Benefit of a Justices Full On Licence.
It has a Public Entertainment's Licence for £180.
AGENTS NOTES
1. The guide price quoted is an indication of the level of offers that may
be acceptable to our clients and is provided for guidance only.
2. Please note that none of the equipment or services including the central
heating system have been tested and cannot be guaranteed to be in working
order.
3. The sale price includes the trade inventory remaining in the premises on
the day of completion. An inventory will be prepared in due course.
4. Stock and glassware will be valued on the day of transfer and charged in
addition to the sale price agreed.
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