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Prime Location Public House Leasehold In Harlow Essex For Sale

Harlow, Essex
  • £150,000
  • (Furniture / Fixtures included)

Turnover:
£370,000
Net profit:
0 - £100k
Contact Seller
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1/5front




One of the busiest community pubs, excellent customer base lots of regulars and always new customers Great location pub for sale one of the biggest pubs in Harlow, situated next to a busy shopping centre and it has a huge car park at the front, live entertainment, pool team and a big football venue, one large bar half wooden floor half carpeted a small room of the main bar which could be used as a function room, fully equipped galley kitchen to do food,has potential managers flat above has 5 bedrooms and 2 bathrooms lounge and kitchen, private back yard with seperate access to flat, 9 years left on the lease, lease is with Enterprise Inns, I have been here 14 years and enjoyed it alot, but I am moving overseas hence the sale, selling for £150000 inc F&F will negotiate on the price, stock and glassware extra, well worth a viewing full cctv and has an accrediation for safer bars/pubs, live music and karaoke ,discos fri and sat. nice area with some excellent schools in the area, I have brought 2 children up here, the customers are very friendly and I have a good regular customer base age range from 18 to 80 busy all day

The pub was reburbed in 2008 with all new double glazed windows which really helps on the nights we have music,has gas central heating and gas water, irrigation system for the plants so no need to worry about watering every, 2 large smoking shelters with heating and an outside TV for those busy match days which everyone loves you must come and have a look its a great pub...



Property:
Leasehold
Lease terms:
9 years left on the lease which is a fully repairable lease and fully tied but there is an option with enterprise to pay to come out of the tie on certain products
Leasehold rent:
£42,000 per annum
Living accommodation:
5 bedrooms 2 bathrooms, living room kitchen all newly decorated with wooden floors in the lounge
Location:
Community pub next to a busy shopping centre

Expansion potential:
small room which could be used as a restaurant or function room, snooker room, potentional for doing food really nice workable kitchen
Competition / Market:
There is three pubs and a hotel within a 20 minute walking distance but they have never been a threat to this pub the hotel actually send there customers down to us and we send people to them that are looking for accommodation
Reasons for selling:
I have been at the pub for 14 years and I am moving overseas
Trading hours:
sunday to thursday 11-11 fri and sat 11-12 can open longer
Entertainment licence
Adult entertainment licence
Employees:
1 full time 3 part time the full time person holds a personal licence and has worked here for about 15 years
Years established:
48 years
Support & training:
Enterprise inns do certain training course TBA
Furniture / Fixtures value:
£30,000 (included in the asking price)
Home based:
This business can be run from home.


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