Licence Bar Restaurant Club And Accomodation London For Sale

Business description

In a very busy area of East London, close to Olympic venue, densely pop area. Grd flr, 200 seats, 1st flr, 180 covers. Tkg £8,000 pw. 30 yrs lse from 2000, 5 yrly reviews, rent £36,000 pa, rates £12,000 pa. Lic for striptease club & till 4am. 6 rooms on 2nd flr let to staff.

Property information

Property:

Leasehold

Lease terms:

30 years lease was granted in 2000 with 5 yearly rent reviews and the current rent is £36,000 per annum.

Leasehold rent:

£36,000 per annum

Living accommodation:

There is living accommodation on the 2nd floor comprising 6 good size rooms, bathroom/toilet, separate toilet & separate shower room. The rooms are currently occupied by staff.

Business Operation

Trading hours:

Mon – Sun 11 am – 11 pm (Thurs till 2 am, Fri till 3 am & Sat till 4 am).

Employees:

Owner + 5 f/t & 4 p/t

Years established:

11