Location
2 Storey corner site, close to Enfield chase and Gordon Hill British Rail Stations, set amongst a High Street of local shops & businesses. Surrounded by mainly private residential housing. Enfield town Centre is close by. |
Trade Accommodation
Totally refurbished in February 2004 providing Large, central severy, carpeted throughout with wooden floor bar front, banquet seating to perimeter walls, attractive gilt framed pictures, plasma TV and feature gas fire. To the right ladies WC plus door access to rear patio garden. To the left gents and darts area.
OUTSIDE:
Patio garden, fenced with 3 large circular wooden tables and well stocked flower borders and brick built barbeque.
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Private Accommodation
REAR OF SERVERY:
Door to private accommodation, store room, and kitchen with door to outside patio garden.
FIRST FLOOR:
Large kitchen, large lounge, 2 double bedrooms, office area, 1 bedroom, bathroom (bath, WC and basin) Recently decorated and tiled.
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Tie
Full Tie. Beers, wines, spirits and minerals. |
Trade
We are advised that sales to year end 30th June are as follows: |
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to 30.06.05 |
30.06.03 |
| Net sales |
291469 |
238557 |
| Net Profit |
34998 |
5739 |
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There is a good steady all day trade from locals and businesses. Trade levels average £5,500/6000 per week, but highs of £9,000 have been achieved. The present leasees do not offer a food operation, which should be an area for development.
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Tenure
7 years remain on a 10 year lease granted in July 2002, with an option to extend to 21 years for no extra premium. |
Rent
£19,500 per annum index linked with a review in July 2007 |
Price
We are seeking £65,000 for the remaining lease to include fixtures and fittings with stock and glassware at valuation in addition.
**The freeholders may require additional funds for deposit, advance rent & legal fees**. |
Viewing Details :-After an initial discreet viewing of the trade areas only all persons who wish to view the private quarters should make an appointment via the vendors “Sole Agents” who will at this stage request proof of finance and discuss the requirements of the freeholders.
STRICTLY BY APPOINTMENT THROUGH THE VENDORS AGENTS.
YOUNG AND SMITH
Telephone 020 7709 8788 Fax 020 7709 8789
For further details on this Public House please Contact :- Martin Smith
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Misrepresentation Act 1967
n b. the information contained in these particlars has been verified by Young & Smith staff so far as it has been possible to do so. Young & Smith believes the information is correct, objective and unambiguous and meets in all respects, the requirement of the property misdescriptions act and order
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