£85,000
Pub/bar for saleLondon E8
EPC Rating: E
Leasehold
About this property
Profitable Business Opportunity in a High-Footfall Area!Your Chance to Own a Thriving Venue!
Don't miss out on an exceptional opportunity to acquire a well-established commercial property that has been successfully operating for three years. This venue is not just a location; it's a business with strong revenue potential and room for growth.
Key Features:
Turnkey Investment: The premium includes all equipment, fittings, and fixtures, providing you with everything you need to get started right away. This is a hassle-free opportunity for a smooth transition into ownership.
Strong Financial Performance:
Flexible Trading Hours: Operating until 2 am on Fridays and Saturdays provides excellent opportunities for attracting late-night customers, while Sunday hours extend until 11 pm.
Attractive Lease Terms:
Licenses in Place:
Prime Location:
Additional Space: The inclusion of a basement provides further opportunities for storage, operational expansion, or even potential additional seating or a unique concept, maximizing the space's usage.
Low Overheads:
Seize the chance to own a thriving venue in a bustling area with a diverse revenue stream and excellent growth potential. This business is ready for a new owner to take it to the next level!
Contact us today for more information or to schedule a viewing of this unbeatable commercial opportunity!
Parking Availability: No.
Don't miss out on an exceptional opportunity to acquire a well-established commercial property that has been successfully operating for three years. This venue is not just a location; it's a business with strong revenue potential and room for growth.
Key Features:
Turnkey Investment: The premium includes all equipment, fittings, and fixtures, providing you with everything you need to get started right away. This is a hassle-free opportunity for a smooth transition into ownership.
Strong Financial Performance:
- Average Weekly Turnover: £3,500, leading to annual revenues that provide a solid return on investment.
- High Demand for Bookings: With an average of 5-6 bookings per night on Fridays and Saturdays at £75 per hour, this venue can generate a significant portion of its income during peak times.
- Profitable Operating Model: With just one staff member 2-3 days a week, there’s ample opportunity to expand and allocate resources more efficiently.
Flexible Trading Hours: Operating until 2 am on Fridays and Saturdays provides excellent opportunities for attracting late-night customers, while Sunday hours extend until 11 pm.
Attractive Lease Terms:
- 8 Years Remaining on the lease with an open option offers long-term stability, providing peace of mind for your investment in this venue.
Licenses in Place:
- A3 Licence for eat-in and take-away services
- Alcohol Licence enhances the appeal, allowing for a wider range of services and increasing potential revenue streams.
Prime Location:
- Situated in a high-footfall area with close proximity to major supermarkets like Iceland and Lidl, ensuring a consistent flow of customers.
- On-Street Parking encourages accessibility and convenience for customers, making it an ideal spot for dining or takeaway options.
Additional Space: The inclusion of a basement provides further opportunities for storage, operational expansion, or even potential additional seating or a unique concept, maximizing the space's usage.
Low Overheads:
- Annual Rent: Only £20,000
- Business Rates After Relief: [Low, at £2,329 per year]
- Insurance Cost: Just £500 per year
These low costs offer excellent profit margins, supporting a sustainable business model.
- Established and Profitable: The business has forged a reputation and established clientele over three years, resulting in steady cash flow.
- Growth Potential: There’s significant room for expansion in terms of hours, service offerings, and staffing to increase earnings.
- Community Engagement: The location invites foot traffic and repeat customers, allowing for more significant community involvement and brand loyalty.
Seize the chance to own a thriving venue in a bustling area with a diverse revenue stream and excellent growth potential. This business is ready for a new owner to take it to the next level!
Contact us today for more information or to schedule a viewing of this unbeatable commercial opportunity!
Parking Availability: No.
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