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Royal Standard
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Royal Standard

161-165 Kingsland Road
London
E2 8AL
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SOLD


Location
Two storey brick built property circa 1960’s, situated at the southern end of Kingsland Road, close to the junction with Shoreditch High Street and adjacent to the vibrant area of Hoxton. The premises are opposite a museum, within walking distance of St Leonards Hospital and surrounded by housing.
Accommodation
Ground floor - large trading area, central servery, carpeted throughout. Front bar - with musicians stage, door to front patio/trade garden. Small kitchen off. Back bar - with pool and darts with door to small rear car park. First floor - large accommodation comprising 3 double and 2 single bedrooms with kitchen (unused dumb waiter to bar servery), WC, bathroom (shower, bath, basin and WC). All accessed from separate street entrance. Ideally suited to those wishing to do ‘letting rooms’ subject to correct permissions.
Insurance (Building)
£2756 per annum.
Tie
Tied for beers only. Free of tie for wines, spirits and minerals.
Trade
We are advised that accounts are available to year end May 03. The trade is primarily made up of locals, visitors to the museum, local office workers and those attracted by the live music currently on Friday and Sundays. In addition the premises have a strong following during sporting events on the big screen television and on Arsenal match days.

We are advised that trade fluctuates due to the above between £2700-3500+ per week..

Tenure
20+ years remaining on a 21 year Enterprise Inns lease granted in September 2003.
Rent
£16,900 per annum
History
The present lessee acquired the premises 2 1/2 years ago.
Machines
50/50 split with Enterprise after duty and rent.
Price
We are seeking £75,000 for the remaining leasehold interest to include all trade fixtures and fittings, with stock and glassware in addition at valuation.
The freeholders may require additional funds for deposit, advance rent, legal fees and training fees.


Viewing Details :-
After an initial discreet viewing of the trade areas only all persons who wish to view the private quarters should make an appointment via the vendors “Sole Agents” who will at this stage request proof of finance and discuss the requirements of the freeholders.
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
Finance Available


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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