Property photos
Leasehold
£85,000
Pub/bar for sale
London E8Local area information
Property location
Nearby amenities
- London Fields 0.1 miles
- London Fields Primary School 0.2 miles
- St John of Jerusalem Church of England Primary School 0.3 miles
- Hackney Central 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for London Fields, Bethnal Green and Hackney to find out more about the local area.
Features and description
- Leasehold
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.
More information
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