Guide price
£165,000
Pub/bar for saleField End Road, Pinner, Greater London HA5
1 bath
Leasehold
About this property
Mix Used
Low Rent
Fully Licensed Till Late
Good Footfalls
Prime Location
Long Lease 20 Years
Leasehold
Galaxy Real Estate are excited to offer the market this exceptional leasehold commercial premises currently operating as Jasmine Lounge, a popular venue-for-hire suitable for a wide range of private and corporate events. The property offers a contemporary, high-quality interior finish and is well-situated on the busy Field End Road in the heart of Eastcote.
The venue is ideal for hosting birthday parties, engagement celebrations, wedding receptions, baby showers, corporate functions, themed events, and private dining experiences.
Accommodation:
The premises comprise a well-presented and fully equipped entertainment space featuring:
A stylish bar counter and dj booth
Dance floor and dedicated office area
Two ladies’ WCs, one gents’ WC with two urinals, and a large accessible WC
Small kitchen (for owner/staff use only)
The unit has been refurbished to a high modern standard, offering a vibrant and inviting atmosphere suitable for immediate operation or conversion to other commercial uses (such as a full-service restaurant or bar, subject to obtaining the necessary consents and licences).
Licensing & Opening Hours:
The premises benefits from an existing entertainment licence permitting:
Performance of live music
Playing of recorded music
Performance of dance
Entertainment of a similar description
Permitted opening hours:
Sunday: 10:00 – 00:00
Monday to Thursday: 10:00 – 00:30
Friday & Saturday: 10:00 – 01:30
Lease Details:
Lease term: Approximately 20 years remaining
Rent: £27,500 per annum
Rent review: Every 5 years
Additional Income:
The current leaseholder also holds the residential upper parts under a separate 3-year agreement at £20,000 per annum. The upper floors have been converted into two 2-bedroom flats, generating an income of approximately £30,000 per annum, resulting in a £10,000 annual profit from the residential element.
Business Potential:
This attractive and well-maintained property offers excellent versatility - it is perfectly suited for continued use as an event venue, cocktail bar, or night lounge, while also providing significant potential for conversion into a full-scale restaurant, shisha lounge, or café, subject to planning and licensing approval.
The venue is ideal for hosting birthday parties, engagement celebrations, wedding receptions, baby showers, corporate functions, themed events, and private dining experiences.
Accommodation:
The premises comprise a well-presented and fully equipped entertainment space featuring:
A stylish bar counter and dj booth
Dance floor and dedicated office area
Two ladies’ WCs, one gents’ WC with two urinals, and a large accessible WC
Small kitchen (for owner/staff use only)
The unit has been refurbished to a high modern standard, offering a vibrant and inviting atmosphere suitable for immediate operation or conversion to other commercial uses (such as a full-service restaurant or bar, subject to obtaining the necessary consents and licences).
Licensing & Opening Hours:
The premises benefits from an existing entertainment licence permitting:
Performance of live music
Playing of recorded music
Performance of dance
Entertainment of a similar description
Permitted opening hours:
Sunday: 10:00 – 00:00
Monday to Thursday: 10:00 – 00:30
Friday & Saturday: 10:00 – 01:30
Lease Details:
Lease term: Approximately 20 years remaining
Rent: £27,500 per annum
Rent review: Every 5 years
Additional Income:
The current leaseholder also holds the residential upper parts under a separate 3-year agreement at £20,000 per annum. The upper floors have been converted into two 2-bedroom flats, generating an income of approximately £30,000 per annum, resulting in a £10,000 annual profit from the residential element.
Business Potential:
This attractive and well-maintained property offers excellent versatility - it is perfectly suited for continued use as an event venue, cocktail bar, or night lounge, while also providing significant potential for conversion into a full-scale restaurant, shisha lounge, or café, subject to planning and licensing approval.
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