| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 2,876 TIME(S)
BUSINESS REFERENCE : H7708 / RightBiz WELL FITTED FREEHOUSE (NOT TIED) | | | | | | 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 | | | BUSINESS LOCATION: | Undisclosed London UNITED KINGDOM | | BUSINESS SECTOR: | Commercial Property | | TRADE TYPE: | Leisure, Pubs & Hotels | | SALE: | Agent Sale | LEASEHOLD: | £105000 | | | | | | | | | | | BUSINESS DETAILS: | Location Mid terrace, densely populated office and residential area, close to threatre, CITY OF LONDONOpening Hours Sunday - Thursday inclusive - 12 noon - 12 midnight
Friday & Saturday - 12 noon - 2 a.m.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%.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.
RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 105,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The accommodation, all in GOOD CONDITION, comprises:
2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Separate KitchenOutside Paved Beer GardenStaff 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. | | | | | | FOR SALE | | | | | SELLER: | NATIONWIDE BUSINESSES LTD | | CONTACT: | 020 8763 1777 | | REFERENCE: | H7708 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
