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Caulkers

Caulkers

126, Lower Road
London
SE16 2UE

 


Location
High profile location, fronting Southwark park with Surrey Quays tube station adjacent and Surrey Quays shopping centre opposite .
Trade Accommodation
Public Bar - Large L shaped room, with half wall wood panelling, wooden floors, raised stage/dj area, big screen television with ladies and gents toilets which link both bars.
Saloon Bar and small private bar. Both are currently unused except for private functions. However these offer a great opportunity to develop as bars or restaurant areas.
Central bar servery with door to private entrance from Lower Road
Private Accommodation
First floor comprising three double and one single bedroom, lounge, very large kitchen with basic fittings and door to flat roof, bathroom (bath, WC, basin), WC, further well equipped kitchen with modern units incorporating integral oven. Central heating throughout The accommodation requires decoration and flooring to complete the works.
Tie
Tied for beers and alcopops
Free of tie for wines, spirits and minerals. Machines AWP 30% to leasee. Pool 60% to leasee after usual expenses.
Trade
Due to the short trading period we cannot provide accounts but are advised that wet trade averages £3500-£4500 per week, however any interested party must substantiate this for themselves.
Tenure
29 years remaining on a 30 year lease granted in January 2006, by Enterprise Inns Plc.
Rent
£24,800 per annum.
History
Acquired in January 2005, with lease signed in January 2006, however due to the decision of a manageress leaving because of personal reasons, the lessee has decided to sell.
Price
We are seeking offers in the region of £47,500 to include fixtures and fittings with stock in addition at valuation.

The freeholders will require additional funds for deposit rent and 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
Finance Available


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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