SPACIOUS BAR fully carpeted, wall and ceiling lighting. Bar with hand pumps, optics plus mirror-backed shelving, 2 double door counter fridges, glasswasher, ice machine, 3 sinks. Tables, chairs plus bar stools for approximately 80 persons.
Ladies' cloakroom with 2 w.c's, 2 wash hand basins
Gentlemen's cloakroom with 3 urinals, w.c. 2 wash hand basins
Ground floor beer cellar
Small kitchen
Turnover
WE ARE INFORMED the turnover averages £5,000 p.w. (wet sales only), in our opinion offering tremendous potential for further increase in the right hands. Gross profit 55% approx. In addition there are 2 machines plus 2 jukeboxes providing an income of approx. £300 p.w.
Staff
The business is at present operated by the vendor with the assistance of 2 full time and 1 part time staff.
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £23,400 p.a. exclusive of rates for the first 10 years, with rent to be agreed thereafter.
Uniform Business Rates: £6,500 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION (£5,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Reference
H7739
Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.
