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Advert Ref: R436

L Hold Micro Pub In Sidcup For Sale

  • Sidcup, Kent
Asking price:
£120,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed


GREAT LOCATION
50 COVERS
HUGE SCOPE FOR LONGER HOURS
1 BED FLAT OVER

LOCATION
These charming premises occupy a coveted trading location on the outskirts of Sidcup, serving a well populated residential area.

BUSINESS
Established by our clients in March 2018 and now only being marketed as a result of the vendors other business interests. Tremendous potential exists for the introduction of longer hours, functions, outside catering and a more active social media presence.

TURNOVER
DETAILS ON REQUEST

STAFF
Run by 2 partners and 2 part timers WAGES £250 PWK

HOURS
Mon to Thurs - 3.00pm to 10.00pm
Fri & Sat - 2.00pm to 11.00pm (Sun 12-8)

PREMISES
Imposing Mid Parade premises with single frontage and single entrance to Bar Area: Seating for 30 at charming furniture with ample further area for another 20 people. Ladies and Gents Customer Toilets. Bar Counter with beer pumps and wine chillers. Ground floor Cellar: chilled keg storage. Access to OUTSIDE. Yard/Garden (Unused at present)

LIVING ACCOMMODATION
A self contained 1 Bedroom flat is included which could be sublet producing £750 PCM if not required.

TENURE
13 years remaining on original 15 year lease. RENT - £15,000 P.A. (5 year reviews)

EPC RATING
TBA

BUSINESS RATES
Nil currently payable

Property:
Leasehold

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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