Profitable Pub With Accounts

Price:

Leasehold - £175,000

Turnover:

Seller Ref:

handandflower

Location:

London, Richmond

Business Type:

Pubs

See Other:

Bars for sale in London
Public houses for sale in London
Pubs for sale in London
Pubs for sale in London

Description:

THE BUSINESS:

An attractive period building that has been sympathetically restored to retain its original features.
Ground Floor: The ground floor area accommodates 95 covers, two internal bars, customer W.C.’s to front and open plan kitchen at the rear. The tables and chairs are reclaimed/ antique which adds to the character and ambience of the dining area.
There is a large landscaped/mature beer garden to the rear that accommodates up to 200 covers, an outside bar and large pond. There is potential to extend at the rear (STPP).
First floor: The first floor comprises of 2 bedroom manager accommodation with access from the pub and at the rear.

Location Details:

The venue is located in a picturesque setting overlooking Ham Common, Richmond Park and ponds and is equidistant from both Richmond and Kingston Railway Stations. Nearby occupiers include Barclays Bank, Greggs, Texaco and The New Inn. Also within close proximity are numerous golf courses including Richmond, Coombe Wood and Royal Wimbledon

Lease Terms:

The property is held by a Full Repairing and Insuring Lease for a term of 15 years; and benefits from an unexpired term of approximately 12 years. The lease is subject to 5 yearly rent reviews. It is understood that the lease is granted inside the Security of Tenure Provisions of the Landlord and Tenant Act 1954. TIED LEASE to Enterprise Taverns for beer with no minimum barrellage.