Bars for sale in Rochester

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Popular Wine Bar in Rochester - Reduced!

Rochester, Kent, England

  • Leasehold Price: £160,000  Price Reduced arrow_drop_down
  • Under Offer
Seller Reference: 0581Tsp
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Business Description
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Seller Reference: 0581Tsp
Request Details
Business Description
The City Wall is a popular wine bar and entertainment venue located in the historic Medway town of Rochester, Kent. It occupies a large prominent 3 storey brick built property. The main trading area is decorated in a light modern manner. Trade areas are fitted with all the latest technology with 13 TV’s in total. The bar area is also equipped with a pool table, AWP and SWP. Main bar area seats approx. 40 customers with a further 10 at the bar. A well equipped kitchen, wash up and preparation areas and storage rooms, fully chilled level cellar. Private accommodation comprising 2 double bedrooms, bathroom and kitchen. Adjoining is a 3 bedroom flat for staff or proprietors accommodation. Outside is a patio area with bench seating for approx. 60 patrons. The City Wall would suit an experienced operator who could continue to operate a profitable business.
Location Details:
Rochester is located 4 miles west of Gillingham, 14 miles east of Dartford and 7 miles north of Aylesford. Accessed by the A2 trunk road or the A229 from Maidstone.
Leasehold Term:
To include fixtures, fittings and goodwill. Stock at valuation in addition. Rent is currently £89,050 per annum subject to a 5 yearly rent review and annual RPI. The lease is free of tie. The trade patio is subject to a separate lease agreement at an additional rent of £10k.
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