Public Houses for sale in Wembley

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Fully Fitted Pub with 9 Letting Rooms and Large Car Park for Sale in Wembley

Wembley, London, England

  • Leasehold Price: £350,000
  • Annual Turnover: £780,000
Seller Reference: WEMB_PUB
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Business Description
 
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Seller Reference: WEMB_PUB
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Business Description
Pub Business for Sale in Wembley. 2×2 Bed Flats with Separate access
Rent: £86,000/year, Lease: 10 Years remaining, 2×2 bed Flats with separate access

MAIN FEATURES
Free of Tie
Fully Fitted Pub with Large Car Park
100 Covers Hall with Separate Entrance
70 Covers Pub Service Area
Fully Functional Commercial Kitchen
Including 09 (Nine) Rooms in First Floor (2 Shower Rooms & 1 Toilet)

LEASE DETAILS

Lease: 10 Years remaining (Outside the LTA 1954)
Rent: 86,000/year
Residential Income: Circa £43,200/year
Rent Review Term: Every 3 years
Next Rent Review: 2021
Premium: £350,000 (Goodwill, Lease & FF&E)

TRADING DETAILS

Popular Local Pub
Sales Revenue in 2019-2020: £780,00 (Circa £15,000/week)
Currently Closed

THE LOCATION

Wembley, HA9
THE PREMISES
Large Pub with 20+ car park space
Restaurant & A4 Use
Rateable Value: £21,500
Total Covers: Hall 100 | Pub: 70
Licensing Hours: Mon-Sat 11am-11pm & Sun: 12pm-10pm

VIEWINGS & CONFIDENTIALITY
All interested buyers must have proof of funds to meet the premium and landlord’s requirements. Rent deposit equivalent to 9 months rent.

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

DISCLAIMER
The above information are provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.
Tenure:
Leasehold
Leasehold Term:
Lease: 10 Years remaining (Outside the LTA 1954) Rent: 86,000/year Residential Income: Circa £43,200/year Rent Review Term: Every 3 years Next Rent Review: 2021 Premium: £350,000 (Goodwill, Lease & FF&E)
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