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Jolly Fisherman
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Jolly Fisherman

108, North Street
Barking

IG11 8LA
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Location
Situated on the fringe of Barking Town Centre, just of the A406 north circular Road, and A124 London Road. The premises sit amongst a residential Estate. Attractive two storey brick built, tiled and rendered frontage under a pitched slate roof, built circa 1900’s
Accommodation
Ground Floor: One Bar Traditional décor, carpeted, open brick fire place with gas fire, big screen TV, pool and darts area. Walls with abundance of West Ham FC, local interest and film/TV star memorabilia. Fully tiled ladies and gents toilets

Severy: Long Bar to right of bar with door to large roofed Storage Area door to outside Trade Garden Large paved and grassed area, including brick built barbeque and picnic benches.

History
The present tenant has been insitu for 12 years and leaving trade as careers publicans. This is an excellent business, with the whole premises in excellent decorative condition. The ideal purchaser would have local knowledge and interests and be capable of continuing the good work of the present leasees
Trade Cost
Typical local pub. Quieter lunchtimes 4pm starts to gets busy with workers returning home. Weekends Busy, Popular with sporting events, pools and dart teams.
Hours
Traditional Hours
Tie
Tied for draught and Bottled beers

FREE OF TIE for wines, spirits and minerals

Trade

We are advised that the declared takings are currently:

Wet Sales £155,000 per annum
Machines £10,000 per annum
Pool £5,000 per annum
Tenure
17 years remaining on an original 20 year Unique Full Repairing lease
Rent
£30,000 per annum plus VAT
Accounts detail the following:
  To 16.09.2001 16.09.2000
Sales £160,000 £152,000
Gross Profit £86,000 £82,000
Expenses £77,000 £76,000
Net Profit £9,000 £7,500
Price
We are seeking £25,000 for the remaining lease and goodwill to include all fixtures and fittings with Stock and glassware in addition at valuation.


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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