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Successful North London Pub For Lease

Highgate, London
Asking Price:
£90,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£500K - £1M
Net Profit:
£50K - £100K

*Great public house with function room, garden and large 3 bedroom private accommodation. 10
*10 years remaining on a 30 year lease inside the act
*Current rent of £36,000 per annum, tied to draught beers
* Densely populated area with strong local following.
*Popular for functions and weddings

If interested, please contact the seller through the form on this page.

Property information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

10 years left on a renewable 30 year lease

Leasehold Rent:

£36,000 per annum

Living Accommodation:

Large 3 bedroom flat with kitchen and bathroom all in good condition.

Location:

Affluent area near Highgate Cemetery. Close to Archway and Tufnell Park Tube stations. A large catchment.

Premises Details:

An attractive corner site, with original features, kept to a good standard.

Planning Consent:

NA

Energy Performance Rating:
D

Business Operation

Expansion Potential:

Potential to grow customer base

Reasons for selling:

Moving to a different area

Years established:
7 years under current operator

Other Information

Furniture / Fixtures value:
£20,000 - included in the asking price
Inventory / Stock value:
£1,000 - included in the asking price

Contact Information

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