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Stratford London E15 3HU Click here for Map |
| Location Situated just off the busy A112 West Ham Lane that links Stratford to Plaistow, set amongst local shops and in a densely populated residential area. |
| Accommodation Ground Floor - Very large bar, many original features including stained glass windows. Banquet seating to perimeter, carpet throughout, L shaped bar, well equipped servery with 3 x double and 1 x triple bottle cabinets, glass washer and ice machine. Door to small compact kitchen with basic fittings. Door to stairs down to cellar. Large delivery area, cold room, boiler and store room. First Floor - 2 interconnecting double rooms, WC, bathroom, office, unused kitchen, WC, unused function room with fire escape to ground floor rear courtyard. Second Floor - 8 double rooms, 6 of which are newly painted and carpeted. New bathroom/ shower suite. The upper floors offer huge potential for conversion to letting rooms, subject to the necessary permissions etc. Outside - large rear yard, double gate access to Church Street North, with fire escape from the first floor and cellar flap access. Garden with gazebo seating. |
| Tie Tied for bottled and draught beers only. FREE OF TIE for wines, spirits and minerals. Machines - 50/50 split after usual expenses. |
| Trade Due to other business commitments and due to the short trading time we are not able to provide accounts. The lessees are looking to recoup their investment to date, which has included clearing the site of rubbish fitting out the pub with a basic inventory and the initial set up costs. Trade is currently pitched at the gay market, with cabaret, entertainment and karaoke on Saturdays and appealing to the local community. Wet sales in the region of £2500/3000 per week. There is potential to add food sales ie, roast lunches etc Sunday. The potential is the development of the huge upper floors into letting accommodation, the size of the ground floor trading area and the length of the lease with its extremely low rent. |
| Tenure 19+ years remaining on a 20 year Admiral Taverns FRI lease granted on 5th October 2007. |
| Rent £13,000 per annum. Linked annually to RPI. Next review October 2012. |
| Licence Monday to Wednesday 11.00—00.00 Thursday to Saturday 11.00—01.00 Sunday 12.00—00.00 The present operators open the premises each night from 18.00 (6pm) (5pm Sundays). |
| History Acquired in March 2007 as tenants, transferred from Punch Taverns to Admiral Taverns, signed lease in October 2007. |
| Price We are seeking offers in the region of £50,000 for the remaining lease to include all trade fixtures and fittings with stock and glassware in addition at valuation. The freeholders will require additional funds for security 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 |
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| 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 |