Buy a Rare Freehold Opportunity in Harrow with Valuable Maisonette For Sale business for sale in Harrow on BusinessesForSale.com

  • Advert ID: 632782
  • (Seller ref: 6446)

Rare Freehold Opportunity in Harrow with Valuable Maisonette For Sale


Location:
Category:

Listed by:

Asking price:
£950,000 (Furniture / Fixtures included)
Sales revenue:
£300,000
Net profit:
£90,000
Years established:
80
Employees:
8

No image available

Recently refurbished locals' lounge bar in Pinner Road, Harrow HA2 6ED. Lounge Bar, fully equipped catering kitchen seldom used, 3 bed maisonette over bar with vacant possession. Main road location on A404. Ample parking close by or along the Boardwalk. 1/4 mile from North Harrow Tube Station, 500 barrels.


Property:
Freehold
Lease terms:
The owner would consider granting a new free of tie lease at terms to be agreed to a suitable applicant.
Living accommodation:
3 bed maisonette over the pub with lounge, dining room, kithen and bathroom with separate entrance from the rear.
Location:
Set on a terrace of mixed retail and commercial businesses fronting the west side of Pinner Road and known as the Boardwalk.

Expansion potential:
Definately opportunity to serve more food which currently only generates around 5% of the income. The business is operated as a "way of life" by choice and could become more commercial. The maisonette is valued in excess of 300K on its own.
Competition / Market:
Many other licensed premises in the area but few of equal or better quality.
Support & training:
Our client wll help as much as required between exchange of contracts and completion.
Reasons for selling:
Retirement
Trading hours:
Sun-Thurs: 10am-Midnight; Fri-Sat: 10am-1am
Financing available:
Pur brokers will be pleased to discuss funding this freehold opportunity.
Inventory / Stock value:
£5,000

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

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