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Grapes, Gravesend

153 Milton Road, Gravesend, Kent, DA12 2RG

Located in a prominent corner spot on Milton Road, the Grapes Café Bar is a well-established beer, wine and cocktail bar on the edge of Gravesend town in Northwest Kent.

 

Key features

  • Large open plan trade area with feature bar servery
  • Currently a wet only operation
  • Small trade kitchen on site
  • Outside trade patio area 
  • Large private tenant accommodation set out over two floors 
  • Available mid October 2020

Floorplan

Located in a prominent corner spot on Milton Road, the Grapes Café Bar is a well-established beer, wine and cocktail bar on the edge of Gravesend town in Northwest Kent.

 Currently a wet only operation, the Grapes is very much a community led pub with the Gravesend locals and live music at the heart of it. 

Internally you will find a long trade drinking area with a feature bar servery running down one side of the building, there is high table seating for a more relaxed feel in the evening and the raised stage area to the back of the building is used as seating in the daytime and as a stage for live music, small get-togethers and events during the evening.

 A trade kitchen has now been fitted on site so there is the potential for new tenants to introduce a small catering operation at the pub.

 Outside of the Grapes you will find a safe trade patio area with railings, table seating and an awning to the side of the property.

 If you are looking for plenty of space in the private accommodation then the Grapes certainly has room. Set out over two floors, you will find a double bedroom and the kitchen on the first floor and three further large double bedrooms and a family sized bathroom on the second floor.

 Due to a quick turnaround, Shepherd Neame is looking for new tenants to take over the running of the Grapes in mid-October 2020.

 For more information or to arrange a formal viewing of this property, please contact the Trade Recruitment Co-ordinator now on 01795 542132.

BAR & RESTAURANT

Feature bar servery with large open plan trade drinking area and high tables. Raised stage area to the back of the property

 

KITCHEN

Small trade kitchen on site

OUTDOOR & PARKING

Patio area to the front of the building with an awning and railings

PRIVATE ACCOMMODATION

Private accommodation is set out over two floors and includes the following; First floor - 1 double bedroom, lounge and kitchen. Second floor - 3 large double bedrooms and large bathroom

Capital Requirements

Estimated capital requirements

Trading deposit£5000
Contract deposit
refundable on day of charge
£500
Repair scheme
+ monthly payments £50
£1000
Inventory£12000
Stock, glassware, cutlery, crockery, etc
Estimated subject to independent valuation by trade broker and stock taker
£0
Working capital£2000
Training deposit
£750 refundable on completion of training
£1000
Total estimated ingoings£21500

Minimal capital considered

Minimum capital considered
Based on: Trading deposit + stock, glassware, cutlery,
crockery, etc, working capital + training deposits + misc
£9500
Please note: Where only minimal capital is available inventory will be rentalised.

Rent and charges

Rent

Year 1Year 2Year 3
Per anum£TBA£TBA£TBA
Per week£TBA£TBA£TBA

Council tax

Band G

Non Domestic Business Rates

RATEABLE VALUE - £21,500

MULTIPLIER - 0.499

ESTIMATED RATES PAYABLE - £0

NOTE: 

  • Retail relief has been increased to 100% for the hospitality industry between 1st April 2020 to 31st March 2021
  • The above calculations are estimations only and as rateable values are  subject to change, we would request that the prospective new  tenant checks the rates payable and any other relief with the local authorities prior to completing a financial plan

Trading information

Trade

Year ending 30 June

2017 2018 2019 2020
All beer and cider
Barrels
172 136 88 48
Wine
Gallons
586 432 254 145
PPS
Gallons

Premium packaged spirits (eg WKD)
21 10 10 4
Traditional Spirits
Gallons
166 120 75 38
Minerals
Ready to drink litres
6067 5344 2742 2002

Licence information

Hours authorised by the premises licence

Supply of alcohol, background music and provision of late night refreshment.

Sunday - Thursday - 10.00 - 00.00
Friday - Saturday - 10.00 - 01.00

Open to the public

Sunday - Thursday - 10.00 - 00.30
Friday - Saturday - 10.00 - 01.30

Live music

Monday - Sunday - 19.00 - 23.00

Agreement Overview

  • This pub is being offered on a traditional rolling tenancy agreement that is subject to a five year rent review
  • This agreement is covered by the ‘Landlord & Tenant Act’
  • This is a fully tied agreement across all beer,   cider, wine, PPS, spirits and minerals
  • Any deviation from the standard terms outlined above should be discussed at interview stage with your designated Business Development Manager
  • Please note that we require all licensees to pass the Pre-Entry Awareness Training Course (PEAT) a minimum of five days before you can attend a formal shortlist interview with us