Are you thinking of purchasing a pub, try Young and Smith.

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Royal Oak
83, Leytonstone Road
Stratford
London
E15 1JA

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Location
Situated at the southern end of Leytonstone Road, one hundred yards from Maryland Train Station, and a short walk from the centre of Stratford, which will be the home of Channel Tunnel rail link.

Accommodation
Reasonable size bar, with 42" plasma television Tudor décor (beams and plaster), carpeted, lobby's to both entrances, servery to one side, raised stage to front for musicians, toilets to rear of bar.
First Floor:
WC, kitchen (“L” shaped, well fitted and appointed, fire escape to yard), bathroom (bath, shower cubicle and basin), lounge, double and single bedrooms.

The entire accommodation is in excellent condition throughout. .

Tie
Tie for beers. Free of tie for wines, spirits and minerals.

Trade
The following figures have been extracted from the accounts:

Year End 30.04.2003 Year End 30.04.2002

Net Sales £139,642 £142,152

Gross Profit £79,958 £81,338

Over Heads £52,002 £52,629

Net Profit £27,956 £28,709

Declared trade levels are approximately £3500 per week, therefore although the first years accounts to November 2005 are currently unavailable, they should produce similar figures to those previously documented.

Acquired by lease assignment in November 2004, the previous lessees had been insitu since March 1987, and therefore the pub has a regular loyal clientele, who support this very traditional East End Pub:
Lunchtimes: Supported by locals generally quiet
Evenings & Weekends: Locals and music followers.
Entertainment (resident keyboard player and guest singer) Fridays, Saturdays and Mondays.

Tenure
13 1/2 years remaining on a original 30 year Inntrepreneur lease, expires 2019, now owned and operated by Enterprise Inns Plc.

Rent
Currently £23,000 per annum until 13th July 2009 and thereafter by review every 5 years.

Price
We are seeking offers in the region of £44,995 plus SAV for the remaining leasehold interest to include the fixtures and fittings.
The freeholders will require additional funds for deposit, legal fees and rent in advance.

Viewing Details :- STRICTLY BY APPOINTMENT THROUGH THE VENDORS AGENTS.
(George Young has personally inspected this property)
YOUNG AND SMITH
Telephone 020 7709 8788 Fax 020 7709 8789

For further details on this Public House please Contact :- George Young
( George Young has personally inspected this property)

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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