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Public House + Accom 6 Bedrooms Se5

Southwark London
£36k-£50k Turnover PCM. Sold fully furnished •FASHIONABLE LOCATION •RENT £43500 PAX •OUTSTANDING FIT OUT •TRADITIONAL ENGLISH PUB •OPEN FIRE PLACE •3:30AM LICENSE FRI/SAT. •http://www. The-castle. Co. Uk/ •PROMINENT FRONTAGE. •DEVELOPMENT POTENTIAL. Call 07957762014 Lease to let or rent Public House + Accom 6 Bedrooms Se5 is located in London.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 28540
ADVERT IMPRESSIONS : 37,317 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Pubs
SALE: Private Sale

LEASEHOLD:

£OPEN TO OFFERS

ANNUAL RENT:

£43500
 

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BUSINESS DETAILS:

LOCATION:london, southwark se5 8tr
www. The-castle. Co. Uk
Situated in close proximity to the town hall the pub receives much foot traffic. It is on the northern side of the A202 and Camberwell Green is just a short walk away. ACCOMMODATION/AREA:
The property is fully fitted to a good standard with a prominent and impressive frontage onto the high street. The ground floor benefits from excellent levels of natural light that penetrate through the large windows at the front and an attractive skylight located in the seating area towards the rear of the premises. The bar runs along the right hand side of the building and is fully equipped. Customer toilets are at the rear right hand side. There is a central DJ station which is linked up to the speaker system. There is an open fire place that is popular in the winter months. Seating largely consists of chunky wooden seats and traditional English leather sofas. The first floor compromises of a comfortable function room with a separate bar and DJ sound system. The kitchens are also found on the first floor. There is a flat roof that could be converted into a roof terrace / smoking area subject to the necessary consents being granted. The premises were not formally measured upon inspection the following are approximations:
Basement 1880 sq ft
Ground: 1880 sq ft
First: 1500 sq ft
Total: 5260 sq ft
UPPER PARTS:
The third and fourth floors compromise of 6 bedroom accommodation with a separate bathroom; the upper parts are self contained and are accessible via a separate entrance at the front of the premises. LEASE:
The demise is held by way of a 30 year full repairing and insuring lease with 29 years unexpired. It is understood that the lease is granted inside the security of tenure provisions of the Landlord and Tennant Act 1954. The lease is subject to 5 yearly rent reviews. The lease is tied to Enterprise Inns for beer purchases with no minimum barrelage being quoted. PASSING RENT:
£36,000pax
PREMIUM:
Offers invited to include the benefit of the leasehold interest, goodwill, valuable fixtures and fittings. PLANNING/LICENCES:
The premises benefits from A4 use with 10:00am to 12:30am Sunday to Thursday and 10:00am to 3:30am licenses on Friday and Saturday. POSSESSION:
Immediately upon completion of all legal formalities. LEGAL FEES:
Each party to bear their own legal costs incurred in the transaction. VIEWING:
Strictly by appointment through Michael knight 07957762014
makknight5@hotmail. Com
Website:www. The-castle. Co. Uk
   
  EXPIRED - AWAITING DELETION
   

REFERENCE:

28540 / RightBiz
   
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