Buy a Spacious Freehouse For Sale business for sale in North London on BusinessesForSale.com

  • Advert ID: 538820
  • (Seller ref: FH7702)

Spacious Freehouse For Sale


Location:
Category:

Listed by:

Asking price:
£1,200,000
Sales revenue:
£208,000
Net profit:
Available on request
Employees:
The business is at present mainly staff operated with 2 full and 2 part time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.


Ground Floor - 2 entrances to -

Spacious Bar newly refurbished to a high standard. New air conditioning. Carpeted, brick facia bar with wooden servery. Electronic cash register, 12 hand pumps, new glasswasher, new ice machine, 2 double door glass fronted counter fridges, upright glass fronted beer fridge. Tables and chairs plus bar stools for 40/50 persons plus ample standing.

Ladies' cloakroom with w.c. and wash hand basin
Gentlemen's cloakroom with w.c. 3 urinals, wash hand basin

Additional Bar area, all refurbished to a high standard with solid woodstrip floor. Air conditioning. Bar with hand pumps, electronic cash register, glass fronted double door fridge, attractive upholstered bench seating. 3 tables plus bar stools providing seating for 25/30 plus ample standing.

There are a total of 3 plazma screens and the business has Sky Television.

Additional Gentlemen's cloakroom with tiled floor, w.c. 2 urinals, wash hand basin.

To the rear of the main bar there is a level kitchen with tiled floor. The equipment includes solid top Lincat gas cooker with oven, double deep fryer, electric cooker, stainless steel extractor unit, fridge/freezer etc.

Level Beer Cellar


Property:
Freehold
Lease terms:
Uniform Business Rates: £7,000 p.a. approx. + water rates (metered)

OUTSTANDING OPPORTUNITY TO ACQUIRE A SPACIOUS FREEHOUSE WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

THE BUSINESS IS SITUATED IN A DENSELY POPULATED AREA WITHIN CLOSE PROXIMITY OF WEMBLEY.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
Location:
Situated in a parade, providing easy access to the City and West End.

Expansion potential:
WE ARE INFORMED the turnover averges £4,000/£4,500 p.w. wet sales only. In our opinion offering tremendous potential for further increase, especially with the introduction of catering. Gross profit 60% approx.
Reasons for selling:
Offers Invited To Incude The Valuable Freehold Property, To Include The 4 Self Contained Flats Over, Goodwill, Fixtures & Fittings In The Region Of £1,200,000 Plus Stock At Valuation Substantial Mortgage To Approved Applicant
Trading hours:
Monday - Saturday inclusive - 11 a.m. - 11 p.m. Sunday opening - 12 noon - 10.30 p.m.
Financing available:
Substantial Mortgage To An Approved Applicant

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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