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The Swan
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The Swan

1, Balaam Street
Plaistow
London
E13 8EB
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UNDER OFFER


Location
Situated at the busy junction of Balaam Street and the A124 Barking Road in the heart of Plaistow and a short distance from West Ham Football Club.
Trade Accommodation
Ground floor bar - Corner site with carpeted floor, central island servery with basic equipment (glass fronted double bottle chiller and glass washer), banquet seating to perimeter, wooden table and captains style chairs, high stools to bar, pool table, 3 televisions and walls adorned with boxing and West Ham FC photo memorabilia, some of which are included in the sale price. Doors from bar to Ladies and Gents toilets and further door down to cellar. Door from bar to private accommodation comprising:
Private Accommodation
Mezzanine floor - WC, cleaners cupboard First floor - lounge, large kitchen (certain white goods by negotiation) with door to flat roof. Second floor - 3 bedrooms, bathroom These premises will be redecorated in the very near future.
Tie
Tied for bottled and draught beers only
FREE OF TIE for wines, spirits and minerals
Machines - 50/50 split after expenses.
Trade
We are advised that declared wet sales are circa £3500-3800 per week. We are currently awaiting accounts to confirm the turnover. Trade is operated predominantly from busy evenings and weekends when DJ’s, singers and karaoke is provided which attracts all ages from 25-50. In addition SKY sports events are shown and always popular. Lunchtime is steady but could be further developed.
Tenure
3 1/2 years remaining on a 10 year Punch Pub Co lease, now owned and operated by Admiral Taverns.
Rent
£33,000 per annum fixed until next rent review in 2012.
Licence
Premises licence allows the sale of alcohol as follows:
Monday - Wednesday 10.00 - 23.00
Thursday - Saturday 10.00 - 01.00
Sunday 12.00 - 00.00.
Price
We are seeking offers in the region of £20,000 plus SAV for the remaining lease to include all trade fixtures and fittings.

The freeholders will require additional funds for deposit, advance rent and legal 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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