Pub for Sale Near Heathrow

  • Premium £299,000
  • £42,000/Annum Plus VAT
Hillingdon, UK
AVAILABLE BUSINESS & LEASE FOR SALE

Pub for Sale Near Heathrow

Hillingdon, UK
  • Premium £299,000
  • £42,000/Annum Plus VAT

Description

Pub Lease for Sale near Heathrow with Large Outdoor Seating & Land. Circa 21,000 Sq. Ft


MAIN FEATURES

  • Circa 21,000 Sq. Ft
  • Circa 100 Covers Outdoor Seating at the front
  • Potential for Shisha Business at the Front
  • Substantial Unused Land at the rear (Circa 7,500 Sq. Ft)
  • Potential Car Park Business at the rear (Subject to Planning)
  • Existing Car Park can accommodate up to 40 cars
  • 4 Bedroom Flat Included
  • Brewery Owned Pub & Under Ltd Company (Sale of Ltd)

LEASE DETAILS

  • Lease: Ending July 2031 ( Inside the Act of 1954)
  • Passing Rent: 42,000 plus VAT
  • Rent Review: Every 4 years
  • Next Rent Review: Was due in 2022
  • Premium: £299,000 (Goodwill, FF&E, Lease) + SAV

THE PREMISES

  • Circa 160+ Covers ( Inside: 60 Covers | Outside: 100+ )
  • Payable Business Rates: Circa £16,966/annum (Rateable Value: £34,000)
  • Huge Outdoor Seating Space
  • 40 Car Parking Space
  • Fully Equipped Commercial Kitchen
  • Gas & Extraction in Place
  • Premises Licence
  • Current Permitted Hours: TBC

THE LOCATION

  • Several Hotels nearby
  • Near Heathrow
  • 1.5 miles to Heathrow Airport

TRADING & FINANCIALS

  • Gross Sales Revenue: We have been informed that the restaurant generates gross revenue of circa £480,000 per annum (£8,000 – £10,000/week).
  • Trading as Pub & Restaurant

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.


DISCLAIMER

The above information is 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.

Details

Updated on December 6, 2023 at 3:52 pm
  • Price: Premium £299,000
  • Covers: 160
  • Use: Pub & Restaurant
  • Type: RESTAURANTS, PUBS & BARS
  • Status: AVAILABLE

Overview

  • RESTAURANTS, PUBS & BARS
  • Type

Contact Information

RPS_Agent
  • RPS_Agent

Enquire About This Property

Similar Listings

Compare listings

Compare
Search
RPS_Agent
  • RPS_Agent