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Freehouse for sale in Central London

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Reference : H7708

Well fitted FREEHOUSE (not tied)

       

No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register for free to see full location details
 

Location

Mid terrace, densely populated office and residential area, close to threatre, CITY OF LONDON (Please register to make appointments and view addresses)

Turnover

WE ARE INFORMED the turnover averages £4,000 p.w. (mainly wet sales), in our opinion offering tremendous potential for catering. Gross profit 60/65%.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £105,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features

ATTRACTIVE BAR with original wood floor. Tables and chairs providing seating for 30/40 persons. Wall lighting. Bar with 11 hand pumps, optics, 1 double door glass fronted counter fridge, glass washer, sink etc.

Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

Rear paved beer garden

Staff

The business is at present operated by the vendor with the assistance of 7 part time staff. Wages paid in the region of £750 p.w. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Opening Hours

Sunday - Thursday inclusive - 12 noon - 12 midnight
Friday & Saturday - 12 noon - 2 a.m.

Accommodation

The accommodation, all in GOOD CONDITION, comprises:

2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Separate Kitchen

Outside

Paved Beer Garden

Tenure

We understand the premises are held on a secure renewable lease having approximately 7 years unexpired at a rental of £22,000 p.a. exclusive of rates up to December, 2010 with rent to be agreed thereafter.

Uniform Business Rates: £3,000 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION

Reference : H7708

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Freehouse for sale
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Catering Businesses for sale include:
 A3 / A5 Premises
 
Bakery /Patisserie
 
Cafe for sale
 
Delicatessens
 
Fish & Chips shops
 
Freehouse / Pubs
 
Hotels & B&B's
 
Pubs & Wine Bars
 Restaurants
 
Sandwich Bars
 
Take-aways
 
Tea rooms
 
Wine Bars

Retail Businesses for sale include:
 Bathroom / Kitchen
 Butchers for sale
 
Car Shops for sale
 
Cards & Gifts shops
 
Clothes Shops
 Cycle Shops
 Discount Shops
 Dry Cleaners
 
Empty Premises
 Florist / Garden centre
 
Fruit & Greens shops
 
Gallery / Antique
 
General Stores
 Hair & Beauty
 
Hardware / DIY
 Investments
 
Newsagents
 Off Licence
 
Retail Businesses
 
Pet Shops
 
Petrol Stations
 
Post Office
 
Print Shops
 
Sports Shop
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