|
 Click on image for larger picture |
London E14 0BB Click here for Map |
| Location Attractive two storey corner property, set in a residential area, close to local shops and college, within walking distance of three tube stations (Blackwell, All Saints and Poplar), the vibrant area of Canary Wharf and the busy Billingsgate “fish” market, in an area of land bordered by the A12 Blackwall Tunnel approach road, the A1261 Aspen Way and the A13 East India Dock Road. |
| Trade Accommodation Ground Floor - Bar - Single bar, central servery, carpeted throughout, traditional décor, wood wall panelling, ceiling colonial fans, high stools to bar, occasional table and chair seating, banquet seating, feature open brick built fireplace, wooden Venetian blinds to windows and projector, drop down screen and five large standard televisions. Servery - Includes 5 x single, 1 x double glass fronted bottle cabinets, glass washer and dumb waiter from first floor kitchen. Food Servery - Food display unit, with utility/preparation room to the rear with door to yard. Doors from bar to cellar comprising large delivery area, cold room and store. Kitchen - A ltro flooring, tiled walls, door with fire escape to rear ground floor yard, chest freezer, upright fridge, freezer, six burner oven, grill, double deep fat fryer, microwave, stainless steel surfaces and double sink and drainer, extraction unit and dumb waiter to bar servery. Outside - Rear - Paved beer garden and separate private yard with access to first floor fire escape. Front - Electric blind provides covered “smokers area” with picnic benches. |
| Private Accommodation Further door to private accommodation, lobby with separate street doors and stairs up to first floor - First Floor - Large office, (further double bedroom), lounge (wooden floor, contemporary blinds to windows), 3 double bedrooms, bathroom (bath, basin), WC. |
Tie Tied for bottled and draught beers and cider. FREE OF TIE for wines, spirits and minerals. Machines 100% income to lessee after expenses. |
| Trade Popular “locals” pub, appealing to local workers, residents and college users and workers/ drivers from Billingsgate fish market. Entertainment provided Saturday’s including karaoke and DJ’s. The pub has two football teams and is a popular venue to view major sporting events. We are verbally advised that wet sales average £4000 per week, with food sales being in the region of £500/700 per week, although this operation is franchised out.. |
| Tenure 4 years remaining on a 10 year Punch lease. Granted in 2001. Existing lease renewable and option for longer 25 year Punch growth lease subject to terms, for no extra premium. |
| Rent £42,500 per annum with the next review in May 2011 |
| History Purchased by present lessee on assignment in December 2005. |
| Licence The premises licence allows the sale of alcohol as follows: Monday to Thursday 10.00—23.00 Friday and Saturday 10.00—01.00 Sunday 12.00—22.30. |
| Price We are seeking offers in the region of £95,000 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 |
|
| 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 |