| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 2,920 TIME(S)
BUSINESS REFERENCE : H7707 / RightBiz ATTRACTIVE WELL FITTED VIRTUALLY FREEHOLD (75 YEARS UNEXPIRED AT PEPPERCORN GROUND RENT) FREEHOUSE | | | | | | Front area with electric drop blinds yawnings with heating. Tables and chairs providing seating for 32 persons. Double door entrance to SPACIOUS BAR, carpeted and raised woodstrip floor area. TV system with 5 screens. Tables and chairs plus high stools providing seating for 60 persons plus ample standing. Mirrors to walls, wall and ceiling lighting. Bar with mirror-backed shelving, electronic computerised till, 8 beer pumps, 2 double door glass fronted counter fridges, 1 additional glass fronted counter fridge, ice machine, glass washer, sink. 5 cameras, monitor plus recording. Stairs to basement. Large area in our opinion offering terrific potential to develop into a Restaurant area with bar providing seating for 50/60 persons. Adjoining newly fitted kitchen with stainless steel extractor with double carbon filter, 6-burner gas cooker with double oven, charcoal grill, 2 sinks etc. Ladies' cloakroom with 2 w.c's, wash hand basin Gentlemen's cloakroom with 3 urinals, w.c. and wash hand basin Beer Cellar | | | BUSINESS LOCATION: | Undisclosed London UNITED KINGDOM | | BUSINESS SECTOR: | Commercial Property | | TRADE TYPE: | Leisure, Pubs & Hotels | | SALE: | Agent Sale | FREEHOLD: | £595000 | LEASEHOLD: | £595000 | | | | | | | | | | | BUSINESS DETAILS: | Location Excellent main road trading position, sought after locality close to Regents Park LONDON NWOpening Hours Monday - Saturday inclusive - 12 noon - 11 p.m.
Sunday opening - 12 noon - 10.30 p.m.Turnover WE ARE INFORMED the turnover averages 9,000 p.w. mainly wet sales in our opinion offering tremendous potential for further development in the right hands. Gross profit 70% approx.Tenure We understand the property is leasehold having approximately 75 years unexpired at a Peppercorn Ground Rent.
We are further advised that there is a service charge of approximately 12,000 p.a.
Uniform Business Rates: 11,500 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATEDPrice TO INCLUDE THE VALUABLE LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 595,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTStaff The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 2 full time staff and 1 part time staff. In addition, there are further part time staff employed at weekends when required. It should be noted that during the summer months i.e. March to end of September, additional staff are employed. | | | | | | FOR SALE | | | | | SELLER: | NATIONWIDE BUSINESSES LTD | | CONTACT: | 020 8763 1777 | | REFERENCE: | H7707 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
