• Listing ID: 1190135
  • (Seller ref: E7247B)

Licence Bar Restaurant Club And Accomodation London For Sale


Location:
Category:
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Type:

Listed by:


Asking price:
£495,000 (Furniture / Fixtures included)
Sales revenue:
£8,000 weekly
Cash flow:
Available on request
Years established:
11
Employees:
Owner + 5 f/t & 4 p/t


1/3


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:
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.

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

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


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