The Norfolk Arms Pub To Let In London | | Brent London | | Advised weekly gross turnover £4,500 Excellent transport links close to North Wembley Rail Large function room & bar area, with capacity for 200 Letting rooms generating £16,900 of annual rental income Close to Wemb | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 50171
ADVERT IMPRESSIONS : 22,497 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Pubs | | SALE: | Agent Sale | LEASEHOLD: | £85000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The unit is located just North west of the Wembley
Stadium close to the junction of Llanover Road and East
lane (A4088) in North Wembley. North Wembley
Underground (Bakerloo Line) is close by.
DESCRIPTION
The premises is a detached two storey property with
outbuildings. The pub comprises of the main lounge
sports bar and a large function room.
Internal
Large trade kitchen
2 x Kitchen Storage Rooms
Main Lounge Bar with a capacity for 80 persons
Sports bar with 2 pool tables and 40 person capacity
Male and Female Toilets at the rear of Sports Bar
Function Room is self contained with a separate bar and
WCs with seating for 75 -120 persons
In the basement there is an extensive cellar with a
large cold room and 12 beer lines.
First Floor
There are 6 x room lets on the first floor which benefit
from 2 bathrooms and 2 WCs all offered in good
condition throughout. Four rooms are currently let, one
is vacant and one is occupied by the manager. There is
also an office and a kitchen area.
External
To the front of the premises there is seating for 50 on
wooden decking and a covered smokers area .
To the rear of the premises there is a large car park
with parking for up to 20 cars and 3 external garages
which can be used for storage.
TRADING HOURS
The business currently trades:
Mon Thurs 11:00am 23:00
Fri Sat 11:00am 00:00
Sun 12:00am 11pm
LEGAL COSTS
The incoming tenant (will be responsible for) is to
pay for the landlords legal costs relevant to the
assignment of their lease.
TERMS & TENURE
The premises are available by way of a FRI lease.
The existing lease commenced in 2008 for a term of
25 years with an annual rent passing of £46,000
and 5 yearly rent reviews.
3 rooms are let for £75/week and 1 is let for £100.
THE BUSINESS
The premises has been operated as a traditional
community pub for the last 25 years. We are
advised that the average gross weekly turnover is
£4,500/week.
The function room is used for parties and other
functions. Both a music and dancing license has
been obtained for the Pub.
The pub is fully fitted and equipped with a large
trade kitchen which is not utilised as the current
operators have not introduced food into the
business. We have been advised that there is great
potential to develop this area of the business due to
high demand from the local community.
VIEWING ARRANGEMENTS
All viewing arrangements are to be made via
Belleveue Mortlakes who is the sole appointed agent
for this disposal. Please contact Cherelyn Elbourne
on 0208 3709247 to arrange. | | | | | | FOR SALE | | | | | REFERENCE: | BMA439 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
