Wet Led-free Of Tie Public House-a4 Licence(2400) For Sale

Description

Well-Established Wet-Led Public House for Sale in North London

This prime public house, located in North London, presents an excellent opportunity for a new owner to acquire a fully refurbished, high-standard wet-led pub. With a prominent location and strong reputation, it is perfect for someone looking to focus on wet sales only, without the complexities of a full kitchen operation.

Main Features

• Spacious premises of approximately 3,100 sq. ft.
• Wet sales only—no food service or kitchen required
• A4 alcohol licence (2400) allowing for a range of alcohol-related activities
• Fully refurbished to a high standard
• Prime location with high footfall
• Turnover: £8,000 per week

Financial Information

• Rent: £45,000 per annum
• Rates: £1,600 per annum
• Lease: 20 years (16 years remaining)
• Price: £49,995 (Leasehold) plus stock at valuation (SAV)

Additional Information

The public house has been fully refurbished to a high standard, offering a modern and inviting atmosphere for customers. It operates on a wet-sales-only basis, meaning no kitchen is required, providing a straightforward and manageable operation. The A4 alcohol licence (2400) allows flexibility for a variety of alcohol-related services.

The business has established a turnover of £8,000 per week, demonstrating strong financial performance and consistent demand. With 16 years remaining on the lease, the property offers long-term stability and security. The low rates of £1,600 per annum contribute to keeping operating costs manageable.

At £49,995, plus stock at valuation, this represents a great entry point for investors or operators looking to acquire a profitable business with strong potential. This property offers a fantastic opportunity to step into a well-established business with a solid foundation and room for growth.

Location and Opportunity

Located in a busy area of North London, this wet-led public house benefits from high visibility and foot traffic, ensuring a steady flow of customers. The favourable lease terms and well-maintained premises make this an attractive investment, with potential for future growth in the wet sales sector.