 | Traditional Town Pub Leasehold In Walthamstow For Sale Walthamstow E17, London, United Kingdom Advert ref: PH.7.105.EL Business description
This traditional community pub is entirely wet led.
The pub is a popular venue for locals and in addition to a pool table, gambling machine
(Leased on a 50% split) there are regular Kareoki nights and live entertainment
Years established: under present ownership since 2002
Employees: 1 full time and 2 part time staff with part time input from the vendor.
Trading hours: licensed from 12pm-12am 6 days on weekdays and 12pm-11.30am on Sunday
Property: Leasehold
Lease terms
We are informed by the vendor that the 25-year renewable lease commenced in 2002 and that the annual rent payable is £27,768 per annum
Living accomodation
There are seven bedrooms, a large communal kitchen, toilets, two cellars, one licensed kitchen, and an office
Location
The pub is situated town in the town of Walthamstow
Expansion potential
There is plenty of scope for improving turnover.Namely by introducing food, quiz nights and renting out the 7 bedrooms.
Support & training
full handover support is available
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| | Financial details Asking price: £75,000
Sales revenue: £234,000
Net profit: Undisclosed
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed |
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