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Full Details

Stoneleigh Road, North London

Guide Price £20,000 Leasehold

General Description

Large premises ,2 bars,trade garden and 7 potential bouble letting rooms,within walking distance of Tottenham Hotspur FC.
  • 2 Large Bars and Trade Garden
  • Close to Tottenham Football Club
  • 7 Possible Letting Rooms

THE BEEHIVE.STONELEIGH ROAD.TOTTENHAM.N179BQ

LOCATION: 

Situated just off the High Road Tottenham,adjacent to a public carpark,set behind the busy high street shops,amongst a densely populated residential area,and a short walk from Tottenham hotspur football club. 

TENURE:

To be let on either of the following agreements.
Retail Partnership Agreement-5,10,15 or 20 years lease-Assignable after 2 years.
Retail Partnership Tenancy-1,2,3,4 or 5 year tenancy-N Assignable.

REPAIRS:

Enterprise Inns PLC are responsible for the foundations,structural timbers,walls and main roof timbers.
Leasee/Tenant responsible for all other repairs and day to day maintenance.

RENT:

RPA .£25000.00 per annum with  reviews every 5 years.
RPT .£ NEGOTIABLE

TIE:  Fully Tied for all products subject to substantial  discounts,with a target incentive of £150 per
Barrel [36 gallons].
        
PREMISES LICENCE:

The sale of alcohol is allowed as follows:
 monday to saturday - 11.00-23.30
 sunday                    - 12.00-22.30

TRADE LEVEL:

Current year MAT 266 barrels
Last Year      MAT 299 barrels
 
Currently operating under temporary tenancy ,the business has traded well in the past,and has been been a popular match day venue,and with the local police .
The building offers scope for development of the upper floors for bed and breakfast ,development of a
catering operation,due to the size of the catering kitchen and bar areas,better use to be made of 2 large bars and a function room,and finally improvement and better promotion of a large trade garden.

ACCOMMODATION:

Trade - Ground Floor.Public Bar.[used as function room]wood wall panelling,carpeted,pew seating and
occasional table and chair seating,pool table,l shaped bar server and ladies and gents toilets.
                                Saloon Bar.large L shaped room,carpeted,whitewash and beamed ceiling,feature glass atrium,double doors to rear trade garden[large grassed area,with tiled frontage and 6 circular picnic tables],access to
                                 Function Room,own servery and separate street entrance
                                 Servery.Reasonably well equipped ,dumb waiter from first floor kitchen,office and unused off licence with street entrance.
                                 Stairs down to cellar,comprising large delivery area,cold room and wines and spirits lockup.
Private quarters.      2nd floor.5 very large bedrooms.
                                 1st floor.[left of staircase]lounge,shower room,2x wcs,bathroom[out of use],
2x double bedrooms,trade kitchen comprising 6 burner range,falcon grill,deepfat fryers[nw],stainlees steel surfaces and dumb waiter to bar servery.
                                              [right of staircase]managers flat comprising 2 double rooms.


INGOINGS

£20000 to cover purchase of the inventory of fixtures and fittings,estimated stock and glassware,payment of deposit[based on 3 months rent],one months advance rent,with additional funds of £10000 as working capital.



 

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Young and Smith endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.