Stunning Well Established Bar & Events Venue For Sale

Description

Well-established bar and events venue holding an A4 licence until 00:30. The business is fully managed by staff and achieves turnover of approximately £11,000 per week. Operates from a two-storey building of around 2,500 sq. ft with a licence capacity for 200 people, including separate bars, function rooms and a beer garden. Reference: PH3020. London. Asking price £275,000 leasehold, subject to availability. Turnover £11,000 per week. Rent £42,000 per annum. Business rates £5,000 per annum. Twenty-five-year lease with ten years remaining. A4 licence to 00:30. Total area approximately 2,500 sq. ft. Viewing arrangements are by prior appointment with PPS; enquiries are invited.