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Kingston KT2 5HA Click here for Map |
| Location Prominent corner position on A307 Richmond Road, Kingston upon Thames, at the junction with Windsor Road which is set between the River Thames on one side and Richmond Park on the other. Although on a busy road linking Richmond to Kingston, this is a residential area with a few high class retail units nearby. |
| Trade Accommodation Trading area: One ground floor bar with many original features, well decorated and furnished with professional bar display and use of chalkboard giving this an upmarket gastro feel. Rear corridor to ladies, gents and disabled toilets. Well fitted and appointed catering kitchen. First floor - 7 fully regulated letting rooms with two shower rooms and four WC’s. |
| Private Accommodation Second floor - Small managers flat comprising one bedroom, lounge, kitchen and bathroom. Attic - There is scope to develop this area. Outside - Small paved trade garden, private car park and unused stable block that again offers potential for a development.. |
Tie Tied for beers, alcopops and cider. Free of tie for wines, spirits and minerals. |
| Trade We are advised that trade is averaging £5000 per week (wet) £1000 per week (food) with substantial letting income in addition. Although accounts have not been provided we are advised that the net turnover is circa £280,000 producing a net profit of £50,000. This business has not been fully exploited as it is run under management and offers huge potential for increase.. |
| Tenure 17 years remain on a 20 year Punch Growth lease, purchased in March 2003 by assignment. |
| Rent £58,000 plus VAT per annum. |
| Licence Full on licence. |
| Price We are seeking offers in the region of £195,000 for the remaining leasehold interest to include all fixtures and fittings plus SAV. 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 |
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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 |