Independent Pub, The Mount, with High Footfall in Chingford Mount, London for Sale
City of London, London
- Status
FOR SALE
- Date Submitted:
27/02/24
- Advert ID
607439
- Reference
BPD2311281 / Rightbiz
- Call Agent:
- Leasehold: £270,000
- Rent: £34,000
- Turnover: £500,000 (£9,615 Per week)
- Net Profit: On request
Key Features
- Established Business
- Offers Invited
- Prime Location
- High Turnover
Business Details
The Mount Independent Pub Chingford Mount London E4
KEY FEATURES:
• Prominent busy main road location, great footfall, highly visible to passing traffic.
• Large open plan premises, independent pub, restaurant, and kitchen.
• Fully refurbished, with modern equipment & furnishings.
• Licence extended open hours offering a great selection beer, cocktail & spirits.
• Excellent venue to hold large parties, celebrations, DJ, Karaoke, and themed events.
• Unique turnkey venture, ideal for a buyer seeking a popular pub in Chingford Mount.
• Great potential for future growth and success.
Overview
• Are you ready to immerse yourself in the vibrant world of hospitality and entertainment? Look no further than The Mount - an extraordinary independent bar, restaurant, and late-night venue nestled in the heart of Chingford Mount, London E4.
• This is your chance to own a thriving establishment offering its guests a wide selection of drinks, tantalizing cocktails, food, and unforgettable events to make each visit a memorable one.
• The renovated premises boast a spacious layout, providing ample seating for 120 guests, allowing them to watch major sporting events on TV, play on machines and snooker on the tables provided.
• This vibrant independent pub is perfect for hosting private occasions, parties, and gatherings an establishment which is very well known locally, to provide an array of entertainment, to attract individuals that enjoy a good day or night out.
• The premises are leased, 10-year lease with 5 years remaining and rent payable is £24,000 pa. This property also provides a studio flat that contributes rent at £750 per month.
• The current owner is selling this pub to pursue new business interests. According to the owner turnover is circa £10k per week and there is a huge opportunity to expand the business further.
• Contact us now to discover more about this exceptional opportunity.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
