|
 Click on image for larger picture |
Forest Gate London E7 8NW Click here for Map |
| Location Situated in a densely populated residential area, within walking distance of West Ham Football Club and Upton Park, East Ham and Woodgrange Park train stations. Set in a road of local shops and small businesses. |
| Trade Accommodation Very large Victorian property with two large refurbished and redecorated bars. Front/Public bar with new bar servery and seating, two pool tables, televisions and two huge big screens. Back/Sugar lounge - Nightclub image, separate entrance via beer garden, provided reception and cloakroom, raised DJ booth, raised VIP and seating areas, top quality lighting and music equipment, dance floor and newly installed air conditioning and sound proofing. Outside - Large beer garden to side. |
| Private Accommodation First floor - large office, flat (lounge and bedroom), bedroom, kitchen, WC and bathroom/utility room. Second floor - 4 bedrooms, bathroom/WC. |
| Tie Tied for beers. Free of tie for wine, spirits, minerals and machines (awp). |
| Trade We are advised that the income is as follows: Wet £6000 pw. Machines £100 pw. with letting income in addition. This is a multi racial area and the business attracts all nationalities with the Sugar Lounge having promoters offering Polish night (Thursday), mixed night (Friday), Kenyan night (Saturday) and Portugese night (Sunday). |
| Tenure Acquired in June 2002 on assignment therefore 7 years remaining on an original 20 year Unique Pub Company lease with the availability of a 20 year additional option for no extra premium subject to the usual references etc. The freehold is now owned and operated by Enterprise Inns. |
| Rent £35,000 per annum. |
| History Present lessee insitu 3+ years and has decided to move on due to another business opportunity. |
| Licence Full on licence, PEL licence and S77 Special Hours Certificate with an extension of hours until 12 midnight, 7 days per week. There is currently an application under consideration with the local council for a further extension. |
| Price We are seeking offers in region of £175,000 plus SAV (£4000), to include all fixtures and fittings on a “taken as seen” basis. The freeholders will require additional funds for advance rent and legal fees (£15,000). |
| Viewing Details :- 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 |
|
| 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 |