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Horseshoe
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Horseshoe

745, London Road
Thornton Heath
CR7 6AW
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Location
Situated on the busy A23 at the centre of the busy shopping area of Thornton Heath.
Trade Accommodation
Ground floor trading area -
Large area with central servery, reasonably well equipped including 5 double bottle cabinets and glasswasher.
Darts/pool area. Wood wall panelling, altro flooring, open brick built fireplace. Adjoining part carpeted part wooden floor area with banquet seating to window alcove, high stools to bar and poser tables, leather settees and coffee table, brick built fireplace and large screen television.
Doors to ladies and gents toilets and private accommodation.
Further carpeted area to far side with occasional table and chair seating, ladies toilets, television and door to rear decking and car park.
Outside - large part paved, part decking area with picnic bench tables and wrap round car park.
Private Accommodation
Door from bar to private lobby with street door and stairs up to
1st floor -
double bedroom, lounge with door to flat roof, bathroom, 2 x WC’s, office. Trade kitchen to include oven, double deep fat fryer, grill, large Foster fridge and freezer, extractor hood. Altro flooring, utility room and 2 larders.
2nd floor -
4 x double bedrooms.
Tie
Tied for bottled and draught beers FREE OF TIE for wines, spirits and minerals
Machines - 75/25 split after expenses in favour of the lessee
Pool table/juke box 100% income to lessee.
Trade
This is a traditional High Street community local, in a high profile position, set amongst local shops and businesses and surrounded by residential housing. The trading areas are in immaculate condition since a refurbishment in July 2007, which included decking to the outside rear. Trade is fluctuating due to many factors including the refurbishment, change of management and competition and will vary between Ł3-6000 per week.
Tenure
7+ years remaining on a 10 year Enterprise Inns PLC lease granted on 8th May 2005.
Rent
Ł35,022.45 + VAT per annum fixed until five yearly review in May 2010.
Licence
Premises licence allows the sale of alcohol as follows:

Monday - Sunday          07.00 - 00.00

History
Acquired in 2003, signed lease in 2005, refurbished 2007 but change of management and position in groups trading area is forcing the sale.
Price
We are seeking offers in the region of Ł65,000 for the remaining lease (which may by extended by Enterprise Inns for no extra premium subject to terms) to include all trade fixtures and fittings with SAV.

The freeholders will require additional funds for deposit, advance 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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