|
 |
Islington London N1 2SF Click here for Map |
| Location High profile, attractive four storey Victorian building, under a pitched slate roof, situated on the busy and very popular Essex Road. Amongst the many licensed premises/restaurants, adjacent to auction rooms and the many antique shop businesses. Within a short walk of the Business Design Centre, Royal Mail sorting office, Angel tube station and amongst a densely populated residential area. |
| Trade Accommodation The trade areas have a Victoriana feel to the décor and are accessed via an entrance lobby and feature over three distinct areas. The main bar frontage is set on a wooden floor, with ornate tiled wooden fronted bar servery and features occasional table and chair seating, televisions and air conditioning. To the right, adjacent to the front windows, is a raised carpeted seating area with substantial wood ladder back chairs and heavy tables. To the rear of the bar is an original flagstone floor with the area set up with a formal table and chair seating arrangement, predominately to service the food operation. Wooden fold back patio doors lead to a trade garden over two levels with 11 combination picnic benches under gas space heaters. Servery - Compact area, well equipped with dumb waiter to kitchen and a tea/coffee service area. Outside/frontage - Extendable blinds cover a newly created seating area, set behind canvas screens with chrome table and chair seating. |
| Private Accommodation Ground floor lobby from bar with separate side street access leads to first floor: large living room, well equipped catering kitchen (dumb waiter to bar). Second floor: office, bathroom, double bedroom and dressing area. Third floor: 3 double bedrooms and bathroom. |
Tie Tied for draught and bottled beers . FREE OF TIE for 1 cask ale, 1 bottled cask ale, cider, wines, spirits and Minerals. |
| Trade The premises are very popular with local residents as they are managed by a very personable local couple. The premises have undergone a recent refit and are reported to be trading at £8000 per week (wet sales) with machine income in addition. The food operation is run by the managers with takings reported to be circa £600 per week. |
| Tenure 13+ years remaining on an original 20 year Enterprise Inns FRI lease granted in September 1999. |
| Rent £64,479 pa, with 3 year reviews, the next being September 2008. |
| Licence The premises licence allows the sale of alcohol as follows: Monday to Sunday - 07.00 - 02.00. |
| Price We are seeking offers in the region of £150,000 for the remaining lease to include trade fixtures & fittings, with stock in addition at valuation. ****The freeholders will require additional funds for deposit, advance rent and legal fees****. |
| 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 |