Premium - £300,000 Inclusive of all Fixture & Fittings

Brockenhurst are proud to offer this rare opportunity to acquire an existing, established (over 11 years) and very well known contemporary bar & restaurant with Karaoke rooms located in Pinner.

With huge potential to develop the business further and in addition to the modern sharing menu, offering American style Tapas, with an excellent choice of cocktails.


Key features, Information & Potential

• Modern fit out
• Fully equipped kitchen
• Full premises licence
• Restaurant use (Class A4)
• Covers Total 170 GUESTS (NOT SEATED)
• DJ & Dancefloor area
• 4 Private Karaoke Rooms
• Aircon in main bar & Karaoke rooms
• Modern Lighting System
• High Quality Seating Arrangements
• Interior designed décor
• Customer toilets
• Potential to add a Shisha area subject to any relevant consents
• 3 bed flat above of 876 sq ft having potential for additional income of £20,000+ or can be retained for own use
• Car park - Up to 20 Cars
• Outdoor Seating
• Ample storage
• CCTV
• Alarms
• Full AV System

Premises
Ground floor - TOTAL SIZE OF – 1720 sq ft
First Floor – TOTAL SIZE OF –876 sq ft

Tenure
We are advised the business is being sold on a Leasehold basis with 11 years remaining on the Lease which can be renewed/extended.
Rent, Insurance & Service Charge - £62,000 + VAT
Rates payable - £17,000 P/A
Premium - £300,000 which majority, if not all, could be recovered in the first year of acquiring this existing, profitable business.
Further information will be available on qualifying potential interest.

Hours
The business trading hours are as followed:

Monday – CLOSED
Tuesday to Thursday - 17:00pm - 23:00pm
Friday and Saturday - 17:00pm - 01:00am
Sunday – 17:00pm – 22:00pm

Licenced hours:
Sunday - Thursday - 12pm to 12am
Friday & Saturday - 12pm - 2am

VIEWINGS AND ENQUIRIES STRICTLY THROUGH SOLE AGENTS BROCKENHURST.


Tenure: Leasehold