Asking price: £400,000

Sales revenue: £200k < 500k

Net profit: < £100k

Fixtures value: £20,000

Stock value: Undisclosed

Business description
SUMMARY:

FREE OF TIE LEASE.

SOUGHT AFTER LOCATION.

RARELY AVAILABLE.

BEAUTIFUL TUDOR BUILDING.

RECENTLY REFURBISHED.

RETAINS NUMEROUS ORIGINAL FEATURES.

2AM LICENCE FRI / SAT WITH MUSIC & DANCING.

WOULD SUIT OWNER OCCUPIER.

FREEHOLD ALSO AVAILABLE FOR £400,000.

PICTURE AVAILABLE UPON REQUEST

STRICTLY CONFIDENTIAL.

Years established: 2

Employees: 4

Trading hours: Mon-Sat 2am

Property: Freehold

Lease terms
This building is for sale or to Let. The rental is £19,000 pax and a premium of £100,000 is sought to purchase the existing lease.

Location
Located in the south-west corner of Hertfordshire, Rickmansworth lies just off the M25. The River Chess runs to the east of the town and meets the River Colne and the Grand Union canal. Rickmansworth is a small, charming and extremely affluent town that plays host to the local district council, Three Rivers District Council. The town has a popular theatre, Watersmeet. The famous golf Moor Park golf course includes a spectacular mansion that has been preserved as the club house that is open to the public.

Expansion potential
Ideal for an owner occupier as this is a rare Freehold opportunity

Competition / Market
there is a busy eating and drinking circuit with a variety of other largely independent operators trading here.

Support & training
Support and Trainnig can be provided during hand over period

Reasons for selling
n/a

Financing available
n/a