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London SE16 1EF Click here for Map |
| Location The pub is situated in Rotherhithe Street, London and the area has been redeveloped to a very up market area and is a half mile from the Hilton Hotel. |
| Trade Accommodation Trade Ground Floor: Saloon Bar - carpeted with stage to one end, big screen over, bar servery to one side (well equipped), banquet and occasional table and chair seating. Ladies and Gents toilets. Public Bar - carpeted, exposed brick walls, pool table, darts area, occasional table and chair seating. Ladies and Gents toilets Restaurant - carpeted, captain chairs and tables providing 28 covers, abundance of photos/ pictures to walls, service hatch from kitchen and access to bar servery. Separate rear street entrance and access to public bar. Rear of servery leads to hallway with door to cellar, door to private yard and stairs to private accommodation |
| Private Accommodation (first floor) comprising kitchen/ diner, 4 double bedrooms, lounge, bathroom, WC.. |
Tie Tied for beer only. Minimum purchase obligation of 155 barrels per annum. Free of tie for wines, spirits and minerals. |
| Trade Traditionally local trade with added attraction of Indian restaurant franchise, which provides sit down and take away business. We are advised that the present lessees who have been insitu 3 1/2 years have an average wet trade of £4000 per week, but this has not been substantiated with accounts at the time of going to press. |
| Tenure 13 + years remaining on a 17 year lease granted in June 2003. |
| Licence Hours Monday - Thursday- 11 am - 11 pm. Friday and Saturday—11 am—12 midnight. Sunday - 12 noon - 10.30 pm . |
| Rent £31,768 per annum. Reviews every 5 years. |
| Machines 50/50 split after usual expenses. |
| Price We are seeking offers in the region of £45,000 for the remaining lease and goodwill to include all fixtures and fittings. Stock and Glassware in addition at valuation. The freeholders will require additional funds to cover security deposit (£5000), 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 |
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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 |