Wembley, HA9, ID 166432
100 cover pub and restaurant for sale in Wembley. Approx. 4,000 sq ft Proof of funds required: All prospective buyers must provide proof of funds prior to arranging a viewing Main Details Established pub and restaurant business available for sale in Wembley Regularly allocated during Wembley event days, generating strong revenue Reported weekly turnover between £20,000 and £22,000 Located a few minutes from Wembley Stadium Approx. 4,000 sq ft with fully fitted bar and restaurant offering 100 covers Large commercial kitchen equipped with fitted cold room and walk-in freezer Landlord’s Requirements Guarantor required subject to references Six months rent deposit required subject to references Standard checks will be conducted Lease Details Lease expiry: October 2032 under the Landlord and Tenant Act 1954 Current rent: £58,000 plus VAT per annum Rent review: Every three years Premium: £449,000 including business, lease, fixtures and fittings The Premises Area: Approx. 4,000 sq ft arranged over one level Seating capacity: Approximately 100 covers within bar and restaurant Equipped with gas supply, extraction system, three-phase power and cold room Rateable value: £70,000 Payable rates: Approximately £30,100 per annum, subject to confirmation with the local council Five-star hygiene rating The Business Gross revenue: Reported annual turnover of approximately £1,144,000 based on £22,000 per week The Location Wembley, HA9 Located a few minutes from Wembley Stadium station The venue benefits from allocation during event days
