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| ASSIGNABLE
LEASES FOR SALE DISCREET INITIAL PUBLIC AREA VIEWING, FULL VIEWING BY APPOINTMENT ONLY UPDATED 15th OCTOBER 2008 |  |
| The following summary
listings are premises offered for sale on various length unexpired and fully assignable,
full repairing, fully insuring leasehold agreements. Additional capital should
be considered for advance rent, SAV and legal fees. No agency fees are charged
to the purchaser. | ||
Misrepresentation
Act 1967. The information contained in these details has been verified by the
agency as far as it is possible to do so, the agency believes the information
is correct objective and unambiguous and meets in all respects the requirement
of the property misdescriptions act and order. |
| **REDUCED
PRICE** LEASEHOLD SALE THE THREE CRUTCHES PH. OLD WATLING ST, STROOD, ROCHESTER, KENT. ME2 3UG CLICK HERE FOR FULL DETAILS |  |
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OFFER LEASEHOLD SALE EIGHT
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| PHOTO |
PREMISES |
LOCATION. DESCRIPTION SUMMARY | TIE |
OFFERS TO |
Ref |
 | BLACK
HORSE | 195 Evelyn Street, London. SE8 5RE. High profile three storey premises situated on the busy Rotherhithe (Tunnel) to Deptford / Greenwich Road with Surrey Quays, New Cross tube station and Milwall Football Club close by. Main bar features many original architectural features including listed glass panelled cieling and central bar servery, carpeted flooring and banquet seating with occasional table and chair seating. Darts / pool and public games areas. Air conditioning installed for summer use. Ground floor trade kitchen, access to rear covered smokers facilities. Externsive letting and private accommodation on first and second floors with seperate access together with management flat in total consisting of 10+ bedrooms in total. 26 years remaining on this Enterprise FR / FI lease which is tied for beers only with rent currently 36K, next review due 2009. Offers to £65k + SAV will be considered, wet sales are advised at an average of £4k weekly. | PT | £65K. | M.En |
 | NORTHCOTE | 110 Grove green Road, Leytonstone, London. E11 4EL. Prominent three storey corner site part brick and part rendered under a stable style roof, situated in a densely populated residential area on the A12 close to Leytonstone Central Tube and a short drive to Stratford Olympic Park. Cenral servery servicing Lounge bar, Public bar and Snug bar all with many original features including victorian fire surrounds and heavy cast framed furnishings. Paved garden area to the rear. Accommodation of one bedroom on the first floor with five unused bedrooms on the second floor, with the introduction of a fire escape to the first floor flat roof these rooms could be considered for letting (with the usual consents). 24 years remaining on the original lease now operated by Enterprise. Priced to sell quickly at £45k + SAV will be considered, wet sales are advised at an average of £5-6k weekly. Rent: £60k fixed to 2010. Tied for beers only with 50% AWP machine profit to lessee. | PT | £45K. | M.Vo |
 | KINGS
HEAD | 11 Church Street, Stratford, London. E15 3HU. Situated just off the A112 West Ham Lane which links Stratford to Plaistow, set amongst local shops and in a densely populated residential area. These premises are currently pitched towards the gay community opening from 6pm onwards, with cabaret and entertainmant attracting and appealing to local supportive trade. Very large single fully carpeted bar with many original features including stained glass windows, well equipped servery with compact kitchen off. External Gazebo seating. Accommodation over first and second floors consists of some 10 rooms, some of which, (with the usual permissions), could be converted to letting use. 19 years remaining on the existing Admiral Taverns Lease. Offers to £50k + SAV will be considered, wet sales are advised at an average of £2.7k weekly. Rent: £13k, next review 2012. Tied for beers only with 50% AWP machine profit to lessee. | PT | £50K. | M.Ad |
 | RESOLUTE | 210 Poplar High Street, London E14 OBB. Situated in a residential area close to both local shops and the nearby college and within walking distance of Canary Wharf this attractive imposing two storey corner house is popular with locals, entrertainment is provided on Saturdays including Karaoke and DJ, premises have two football teams and is a popular venue for screened sports. Single carpeted bar with wood pannelling and complementary furnishings, fully fitted servery, first floor trade kitchen and external patio / smokers area. Accommodation consists of four double bedrooms with seperate street entrance. Four years remaining on the existing Punch Lease + extended 25 year lease (Subject to terms) is available via the landlords, offers to £95k + SAV will be considered, wet sales are advised at an average of £4k weekly. Rent: £42.5k, next review 2011. Tied for beers only with all AWP machine profit to lessee. | PT | £95K. | M.Pu |
 | HARROW | Billet Road, Chadwell Heath, Essex. RM6 5TP. Situated at the edge of Marks Gate Estate, Chadwell Heath, with open views across the countryside. Premises consist of two bars, the main L shaped fully carpeted bar has a large screen TV and a raised stage area with traditional furnishings throughout, further rear bar with pool and darts facilities, two fully equipped seperate serveries to both bars with ladies and gents WCs off the bars which we understand are shortly to be re-furbished. Chilled basement cellar.Large side car park with picnic benches to the front. Private accommodation consists of two double bedrooms with fitted wardrobes, lounge,kitchen, bathroom,WC,and office. We are advised average weekly (wet) takings are in the region of £7000. 3 year rolling assignable tenancy (protected by the landlord and tenancy act) renewed 2007. Tied for beers only with rent at 22k pa. Offers to £120k +SAV are sought for the lease which includes trade fixtures and fittings. | PT | £120K. | M.Pe |
 | JOLLY BUTCHER UNDER OFFER | 174 Kingston Road, Staines, Middlesex. Prominant position situated in a residential area on the busy A308 just outside Staines town centre. Two fully carpeted bars, saloon with complementary traditional table and chair seating with high stools to bar, large screen TVs and pool table, public bar with darts throw, banquet seating, similar complementary furnishings and large screen TV, central fully equipped L shaped servery to service both bars, trade kitchen, basement chilled cellar, large rear and side car parks and beer garden. Attic private rooms consist of three bedrooms, lounge and bathroom.We are advised weekly takings are in the region of £7/8000, which includes excellent machine income, we are currently awaiting the accounts.17 years remain on the original Enterprise lease. Full tie which excludes Cider. Rent is currently £42k pa. Offers to £50k +SAV are sought for the lease which includes trade fixtures and fittings. | FT | £50K. | M.En |
 | HORSESHOE | 745 London Road, Thornton Heath. CR7 6AW. Located on the busy A23 ath the centre of the busy shopping area of Thornton Heath. Large re-furbished public areas with darts and pool facilities, large screen TV, wood wall panelling, altro flooring and open brick built fire place. Adjoining part carpetted and part timber floor coverered area and further carpeted public area off with occasional furnishings, leather settles and coffee tables, fitted banquet seating to window alcove, access off to rear external decked and part paved area together with wrap round car park. First floor consists of double bedroom, bathroom, 2 x WCs and fitted trade kitchen. Second floor consists of four double bedrooms.Tie for beers only, AWP machine income profit is split with 75% paid to the lessee. Full tie for beers only. We are advised weekly takings are averaging £4800. 7 years remain on an original Enterprise lease with option to extend the term. Rent is currently £35.k pa. With a review in 2010. Offers to £65k +SAV are sought for the lease which includes trade inventory. | PT | £65K. | M.En |
 | SWAN UNDER OFFER | 1 Balaam Street, Plaistow, London, E13 8EB. Situated at the busy junction of Baalam Street and the A124 Barking Road in the heart of Plaistow and a short distance from West Ham Football Club. Single fully carpeted bar with banquet seating to the perimeter, wooden tables with captains style chairs with high stools to the bar, three TVs, with walls adorned with West Ham memorabilia, busy evening and week ends supported by DJs, singers and karaoke, Sky TV. Central island servery with basic equipment. Private accommodation consists of three bedrooms, we understand these premises are shortly to be re-decorated. We are advised average weekly takings are in the region of £3600. 3.5 years remain on the original Punch lease (Currently operated by Admiral Taverns) Tied for beers only. Rent is currently £33.k pa. With a review in 2012. Offers to £45k +SAV are sought for the lease which includes trade fixtures and fittings. | PT | £45K. | M.Pu |
 | MANOR ARMS FREE OF TIE | 150 East India Dock Road, London, E14 OBP. Lock up premises (No accommodation) located on the busy A13 Essex to Cental London route at the junction of Hale Street in a denseley populated residential area within walking distance of Crisp Street Market and All Saints DLR Railway.Two bar fully carpeted venue, traditionally furnished, with large screen TVs and air conditioning complimented externally with recently created large covered decking area which almost doubles the trading areas, the Manor Arms is very popular with the locals, sadly due to ill health the vendor has placed th pub on the market. We are advised weekly takings average £2700. with machine income in addition. Accounts are not currently available which is reflected in the asking price. Tenure: 5 yearly renewable lease. The premises are free of all ties with rent at £17,364 pa, a new 5 year lease is offered at £38k. + SAV | FOT | £38K. | M.Fh |
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FATHER TEDS | 70 Willesden Lane, London. NW6 7SX. Corner sited premises situated just off the busy Kilburn High Road, these premises are in the midst of a highly populated multi - racial area and as a FREE OF TIE venue offers huge scope 'cash in' on the profit potential. Single ground floor well equipped bar / servery, with private accommodation on the first floor consisting of two bedrooms. We are advised the average weekly takings on wet sales alone are in the region of £8000.00 with additional machine income of £150.00 weekly, accounts are currently unavailable and therefore we advise that interested parties should satisfy themselves of the accuracy of these advised figures. 19 years fully assignable lease offered with rent at £36.4k pa. (Note new premises licence allows for 24Hr trading, one of very few in London /certain entry restrictions apply). |
FOT | £450K. | M.Fh |
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BULL UNDER OFFER | Main Road, St. Pauls Cray, Orpington,Kent. Attractive and popular well supported venue situated in a pleasent residential area dominated by Drayfield Park Industrial Estate near to Ruxley Park Golf Club. Substantial public areas with restaurant and central servery, premises are complemented throughout with various items of bric-a brac and photographs of local interest, CCTV. Well equipped trade kitchen and excellent trade gardens incorporating extensive childs play equipment and fully fitted timber framed function room, Initiial public area viewing highly recomended. Private accommodation consists of two bedrooms. Sales turnover (2005) indicated at £636,676. 16 years remain on the lease with rent currently at £62k, next review 2008. |
PT | £350K. | M.La |
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WHITE SWAN | 22 The Village, Charlton, London. SE7 8UD. Situated in a densely populated area, near to High Street shops offices, and Charlton FC. These attractive premises with many original features offer two large trading areas with central servery, with public access to rear large trade garden, food is not currently offered although previous reported dry sales indicated £400.00 weekly, current wet sales indicate turnover (Net 2005) £260k. First floor accommodation consists of single bedroom, ex clubroom, and further rooms. Further development of the property via the landlords is under consideration including designated smoking area together with the offer of a new **30year lease at nil premium. 6 years fully assignable years remain on the original lease, with the **new lease option Rent: £52k |
PT | £125K. | M.Ba |
 | COTTAGE LOAF SOLD | Jessel Drive, Loughton, Essex. IG10 2EQ. Situated on a large housing estate within the Debden area of Loughton. Large single carpeted bar with traditional furnishings and decor, plasma TV, seconadary large screen projetor TV, raised darts area with double door access to conservatory housing AWP and various skill machines with further access to external smokers area. Carpeted function room off bar with DJ console and servery. Ground floor chilled cellar. First floor accommodation consists of three double bedroom, bathroom, WC, lounge and excellent recently fitted modern kitchen.Tied for beers only, all AWP machine income profit is paid to the lessee. We are advised weekly takings are averaging £5000. with the bulk of the trade commencing late afternoon. 18 years remain on an original Enterprise lease. Rent is currently £34.k pa. With a review in 2012. Offers to £99,500k +SAV are sought for the lease which includes trade inventory. | PT | £99.5K. | M.En |
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WHITE HART SOLD | 159 High Road, South Woodford, London. E18 2PA. Grade 2 three storey listed building, situated on the busy A1199 in South Woodford which connects with the A12 and local residential deveopment nearby. 2 lobby street entances to large and busy 'locals' fully carpeted bar area with many period features, large screen TV and secondary sited TVs, second trading area off with darts and pool facilities, single servery. Large catering kitchen, extensive trade garden and patio. Domestic accommodation consists of four bedrooms including single to managers flat. Planning consent has been approved for further development of this outlet. Current turn - over details will be supplied via the agency. Tied for beers only. 24 years remain on the original lease with rent currently at £55,663.00.Review currently under way with possible rent fixed to 2011. Offers to £160k for the remaining lease in this much sought after area. | PT |
£160K. | M.Vo |
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GOLDEN CROSS SOLD | Wexham Road,Slough, Berks. Substantial detached modern premises set on a prominent corner site on the busy Wexham Road at the junction of Shaggy Calf Lane which leads into a densely populated residential area. Large trading area running into four fully carpeted bars with complementary furnishings and dedicated dining area with reasonably fitted trade kitchen off,the food operation is currently franchised out and takings are advised at average £550 weekly. Darts and pool facilities to the bars, large screen TV. Trade garden and patio areas, large 'wrap round' car parking facilities. Rear private yard. Two staff flats each with three bedrooms. Fully tied for wet supplies and profit split on machine income. We are advised the average weekly wet sales indicate income of £6500. weekly with substantial machine income in addition.5 years remain on the lease with rent at £43k, we are seeking offers to £100,000. +SAV for the lease. |
PT | £100K. | M.Ei |
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FLEUR DE LYS SOLD | 125 Rochester Road, Burham,Nr. Maidstone, Kent. ME1 5SG. Situated in a rural location on the main road through the village. Best aproached from the Aylesford turn off on the A229 (Bluebell Hill) Very attractive detached premises well worth discreet public area viewing, two ample car parks, public bar with large screen TV, pool. Very cosy fully carpeted saloon bar to rear of premises with quality furnishings, L shaped single bar servery. Very large trade garden with feature decking, play equipment and BBQ. facilites. Basement chilled cellar off servery. Combined and fully fitted trade / domestic kitchen to first floor.Accommodation consists of large lounge, three bedrooms, Bathroom / WC. We are advised weekly takings average £3000 (Net of VAT) which includes approx £250. food income. Thirteen fully assignable years remain on a Punch Pub Co partially tied lease with rent at £25k and the next revue due in 2010. |
PT | £45K. | N.Pu |
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SANS PAREIL SOLD | 245 Frindsbury Road, Frindsbury, Rochester, Kent. ME2 4SJ. Highly recommended and well known detached 'Flag Ship' public house in elevated position situated in a semi rural location on the outskirts of the Medway towns over looking the northern approach to the Medway tunnel (A228). Well worth discreet public area viewing, cosy wrap round saloon / public bar, excellent conservatory restaurant (approx 50 covers) fully fitted trade kitchen, large car park, excellent trade garden. Fully alarmed and recently installed modern CCTV system. Basement chilled cellar. Accommodation consists of lounge, two bedrooms, Bathroom / WC. Turnover £363k (Net of VAT) with a split on sales of 32% dry and 68% wet resulting in a good and above average GP. Seventeen fully assignable years remain on an original extended Intrepreeur partially tied lease with rent at £28k and the next revue due in 2009. | PT |
£205K. | N.En |
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