Public Houses for sale in London

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 Thanks to your email alerts I found & have recently completed on the purchase of a Hotel in Scotland 

Ian McGregor (Nov 2013)
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Leasehold Price: £145,000 Price Reduced Weekly Turnover: £7,500
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Business Description
In a large parade shops on a very busy main road with excellent passing trade, close to stn. 1000 sq ft grd flr and 1000 sq ft bsmnt, tkg £7,000/£7,500 pw. 25 yrs lse from 2010, 4 yrl reviews, rent £75,000 pa, rates £6,500 pa. 2 SC flats on 1st & 2nd flr – 1-bed + roof terrace on 1st flr let @ £1175 pcm & 2 bed flat on 2nd flr let @ £1,575 pcm. Free from ties
Trading Hours:

Mon – Sun 11.00 am – 11.00 pm (Fri/Sat till 1.00 am)

Number of Employees: 4 part time

Tenure: Leasehold

Number of bedrooms: 3

Accommodation Details:

There are 2 self contained flats above comprising large 1 bedroom and roof terrace on 1st floor let on short hold tenancy with rental income of £1,175 per calendar month. On the 2nd floor there is 2 bedrooms flat let on shorthold tenancy with rental income of £1,575 per calendar month

Location Details:

Situated in large parade of local shops and multiples on very busy main road with excellent passing trade. The business is surrounded by thickly populated residential area and is close to station.

Leasehold Term:

25 year lease was granted from 2010 with 4 yearly rent reviews and the current rent is £75,000 per annum.

Listed by: Pegasus Business Sales
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