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Spacious Freehold FREEHOUSE
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No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
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Location |
Situated in a parade, providing easy access to the City and West End.
(Please register to make appointments and view addresses) |
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Features |
Ground Floor - 2 entrances to -
Spacious Bar newly refurbished to a high standard. New air conditioning. Carpeted, brick facia bar with wooden servery. Electronic cash register, 12 hand pumps, new glasswasher, new ice machine, 2 double door glass fronted counter fridges, upright glass fronted beer fridge. Tables and chairs plus bar stools for 40/50 persons plus ample standing.
Ladies' cloakroom with w.c. and wash hand basin
Gentlemen's cloakroom with w.c. 3 urinals, wash hand basin
Additional Bar area, all refurbished to a high standard with solid woodstrip floor. Air conditioning. Bar with hand pumps, electronic cash register, glass fronted double door fridge, attractive upholstered bench seating. 3 tables plus bar stools providing seating for 25/30 plus ample standing.
There are a total of 3 plazma screens and the business has Sky Television.
Additional Gentlemen's cloakroom with tiled floor, w.c. 2 urinals, wash hand basin.
To the rear of the main bar there is a level kitchen with tiled floor. The equipment includes solid top Lincat gas cooker with oven, double deep fryer, electric cooker, stainless steel extractor unit, fridge/freezer etc.
Level Beer Cellar
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Turnover |
WE ARE INFORMED the turnover averges £4,000/£4,500 p.w. wet sales only. In our opinion offering tremendous potential for further increase, especially with the introduction of catering. Gross profit 60% approx.
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Staff |
The business is at present mainly staff operated with 2 full and 2 part time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
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Opening
Hours |
Monday - Saturday inclusive - 11 a.m. - 11 p.m.
Sunday opening - 12 noon - 10.30 p.m.
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Accommodation |
The living accommodation in the form of 4 flats over, comprises:
First Floor - 2 Self Contained Flats each with full gas fired central heating and comprising:
1 Double Bedroom
Shower room with shower, w.c. and wash hand basin
Attractive living room with fully fitted kitchen area
We understand the 1 bedroom flats are at present let on shorthold tenancies at a rental of £730 per month, however, we understand that vacant possession can be given on completed if required.
Second/Third Floors - 2 Flats, again with full gas fired central heating, all newly refurbished and moderised to a high standard, each comprising:
3 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Large Lounge with fitted kitchen area
We understand the 3 bedroom flats are at present let on shorthold tenancies at a rental of £1,150 per month each, however, we understand that vacant possession can be given on completion, if required.
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Tenure |
Uniform Business Rates: £7,000 p.a. approx. + water rates (metered)
OUTSTANDING OPPORTUNITY TO ACQUIRE A SPACIOUS FREEHOUSE WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.
THE BUSINESS IS SITUATED IN A DENSELY POPULATED AREA WITHIN CLOSE PROXIMITY OF WEMBLEY.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
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Price |
OFFERS INVITED TO INCUDE THE VALUABLE FREEHOLD PROPERTY, TO INCLUDE THE 4 SELF CONTAINED FLATS OVER, GOODWILL, FIXTURES & FITTINGS IN EXCESS OF £1,000,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO APPROVED APPLICANT
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Reference
: H7702
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