Pub & Restaurant for Sale in Wembley

Rent: £92,000/year, Lease: 9 Years remaining, 2×2 bed Flats with separate access

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MAIN FEATURES

• Free of Tie
• Fully Fitted Pub & Restaurant with Large Car Park
• 100 Covers Banquet Hall with Separate Entrance
• 70 Covers Pub Service Area
• Fully Functional Commercial Kitchen
• Including 07 Rooms in First Floor (2 Kitchens & 2 Toilets & 2 Bathrooms

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LEASE DETAILS

• Lease: 9 Years remaining
• Rent: 92,000/year
• Residential Income: Circa £36,000/year
• Rent Review Term: Every 3 years (capped at 10%)
• Premium: 325,000 (Goodwill, Lease & FF&E)

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TRADING DETAILS

• Popular Local Pub
• Gross Sales: Circa £16,000/week (£832,000/annum) (As per the seller)

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THE LOCATION

• Wembley, HA9

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THE PREMISES

• Large Pub with 20+ car park space
• Restaurant & A4 Use
• Business Rates: Circa £11,000/annum
• Total Covers: Hall 100 | Pub: 70
• Licensing Hours: Mon-Sat 11am-11pm & Sun: 12pm-10pm

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VIEWINGS & CONFIDENTIALITY

All interested buyers must have proof of funds to meet the premium and landlord’s requirements. Rent deposit equivalent to 9 months rent. All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

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DISCLAIMER

The above information are provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.