Community pub for sale in Chingford London with traditional food and a kids menu
Chingford, London
- Status
FOR SALE
- Advert ID
644755
- Leasehold: £12,000
- Rent: £25,000 (£2,083 per month)
- Turnover: £100,000 (£1,923 per week)
- Profit: On request
Key Features
- Nearby residential community
- Nearby schools and community services
- No brewery tie arrangement
- No employed staff
Business Details
Community pub for sale in Chingford London
Discover a charming community pub now available for sale in Chingford, London. This inviting small estate pub has cultivated a loyal customer base, offering a welcoming atmosphere complemented by a diverse menu that includes traditional hot meals and a special selection for children.
The pub features a spacious interior with an attractive blend of traditional and modern décor that is sure to impress visitors. With multiple seating areas, including comfortable lounge spots and bar stools, it caters to varying guest preferences. Entertainment options, such as dartboards and pool tables, enhance the social experience, making it an ideal destination for groups and casual gatherings.
At the heart of the establishment lies a prominent bar area, boasting a variety of drink taps to accommodate a wide selection of beverages. Its location is pivotal, with a recognisable exterior that draws in foot traffic and provides excellent visibility.
Established for over 25 years, this business has a legacy that speaks to its reliability and popularity within the community. Currently owned for one year, the owners are looking to sell due to age and health-related reasons. Nearby amenities, including Morrisons and Sainsbury's, as well as various takeaways and off-licence shops, further draw in customers, and the nearest competition is located half a mile away, presenting a unique advantage.
Included Amenities and Opportunities
The sale includes all fixtures and fittings, which cover decor, furniture, kitchen equipment, TVs, sound systems, lights, and glassware. Beer fonts are negotiable with local breweries, and the opportunity comes without any tying arrangements, allowing for greater flexibility and potential profitability. The premises feature off-road car parking and are open seven days a week, presenting opportunities for catering services and private events, as well as the hosting of venue events. Furthermore, there is potential for tenant branding and outdoor space allocations that can attract more patrons.
The leasehold opportunity comes at an asking price upon request, with an annual rent of £25,000. The business operates with two employees and maintains an active online presence through Facebook and Instagram, enhancing its engagement with the local community.
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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.
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