FREEHOLD BAR WITH 3 FLATS ABOVE
Available - A3/A4 use
St James Street, Walthamstow, London E17
(Reference No. 023881)
Situated on St James Street, Walthamstow between High Street and Station Road. The premises are very close to St James Street Network Rail Station and opposite where the new Morrisons Supermarket development is being constructed.
Long established fully licenced sports bar with A4 use and being offered as a trading concern free of tie together with full fixtures, fittings, equipment and sports memorabilia. The upper part comprises 3 newly refurbished flats which are entered via the rear of the property and comprise: 2 x 1 bedroom on first floor level (1 with roof terrace) and a duplex 2 bedroom flat arranged over 2nd and 3rd floors.
The 2 bedroom is let at £1200 pcm and the 1 bedrooms are each let at £1,000 pcm (total rent from the upper part £38,400 pa).
The bar is being offered with vacant possession, fully fitted and suitable for continuation as a bar or as a restaurant. The premises have a late licence on Friday and Saturday evenings until 2.00 am. The premises are offered complete with 9 flat screens, fully fitted bar, EPOS system, beer cellar (ground floor), male and female WC’s, booth seating etc. The business has a healthy turnover which increases during major sporting events, which can be further enhanced by doing special event nights. The premises also do light meals. The premises also have two gaming machines (one poker) which generate additional income on a regular basis.
Available freehold at £1.1m.
|Subject to Contract
Tel: 020 8559 1122