Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Leasehold Pub And Kitchen In the London Area For Sale

Forest Hill, London
Asking Price:
Under £50K Furniture / Fixtures included
Turnover:
£200K - £500K
Net Profit:
£50K - £100K

Prince of wales Pub in the affluent area of Forest Hill area, 9 miles from central London and a stone throw away from Forest Hill train station & Lower Sydenham Train Station. Turn over approximately £270,000.00 per annum wet sales only (free of tie pricing, no brew lines). Pub garden with seating for approximately 30 people. Large horse shoe bar with capacity for approximately 150 people. Fixtures & fittings and goodwill will be included in the price. Fully equipped cellar with cooler and brand-new lines and equipment and 2 brand new hand pumps. Trade kitchen with huge potential for extra revenue for the right operator. First floor flat 2 bedrooms, office, private kitchen, bathroom, separate WC, private front room with access to private roof terrace. Second floor flat kitchen, WC, stand up shower, 1 double bedroom, front room and views over London, lots of storage and a utility room. Only selling due to other business commitments within the trade. Five years left on the lease, renewable with Heineken UK.

Dilapidations. The few dilapidations that there will be, will be expected to be paid or rectified by buyer prior to completion. A Payment of £1200 will be required upon completion for dilapidation survey.
Serious buyers, only please call to arrange a viewing. Viewing by appointment only.

Property information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

5 years remaining, renewable with Heineken UK

Leasehold Rent:

£41,600 per annum

Living Accommodation:

2 large flats

Location:

located on a busy main road amongst houses valued at £600k plus

Premises Details:

public house with trade kitchen and huge potential good wet turnover

Energy Performance Rating:
C

Business Operation

Expansion Potential:

huge potential with the food

Competition / Market:

Tudor Livesy private hire venue. soon to be closing

Reasons for selling:

other commitments within the trade

Trading hours:

12pm - 10.30pm Monday to Thursday
12pm - 11.30pm Friday & Saturday licenced til 1am
12pm - 10pm Sunday

Employees:
4
Years established:
50+

Other Information

Furniture / Fixtures value:
£28,000 - included in the asking price

Contact Seller

Contact Information

    1. Your Address

    2. Optional
  1. Optional

By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here