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24, Naval Row London E14 9PS Click here for Map |
| Location Situated in a side road off Cotton Street which links East India Dock Road to Aspen Way within walking distance of Blackwall and East India DLR stations, adjacent to some light industrial factory units and the London Borough of Tower Hamlets council headquarters. |
| Trade Accommodation Ground: Large L shaped area. To the left is a carpeted restaurant area providing 30 covers, straight ahead is the main bar with wooden floor and occasional table/chair seating throughout, pool table and darts to far end with plasma television/Sky provided plus ladies and gents toilets and rear door to walled beer garden. To the rear of the servery is a double roomed kitchen with basic fittings. |
| Private Accommodation First Floor: Ex function room is now subdivided into 4 rooms, WC and double doors to front flat roof and rear fire escape to beer garden. Second Floor: 2 double bedrooms, kitchen (electric cooker, washing machine, dishwasher, fridge and fitted units) and bathroom (bath,basin,WC). |
| Tie FREE OF ALL TRADING TIES FOR BEERS, WINES, SPIRIT AND MINERALS. |
| Licences Full on licence with traditional hours, although the present lessee operates a five day week (Monday to Friday) 12 midday to 11 pm. |
| Trade The premises have traded very well under the present lessee who has been insitu 6 years and it is only due to a recent family bereavement and ill heath that is forcing her to move on. Due to the limited hours of operation there is huge scope to develop the wet and food trade and to possibly introduce some letting of rooms (subject to the necessary permissions).. |
| Tenure Original 5 + 5 + 5 year lease with limited repairing responsibility (no structural) opted out of the landlord and tenant act, therefore no guarantee of renewal. Second term to commence in November 2005. |
| Rent £15,000 per annum until rent review agreed at £17,500 for 5 years from November 2005—November 2010 |
| Machines AWP machine income split 50/50 after usual expenses.. |
| Price We are seeking offers in the region of £115,000 plus SAV, to include trade fixtures and fittings. **The freeholders may require additional funds for deposit, advance rent & 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 |