Closed Bar with Garden in Surrey For Sale

Situated in a parade, excellent main road trading position, SURREY.

Price £25,000

Features

Pub (a4 Usage) (closed)

DOUBLE FRONTED PREMISES in the region of 760 ft² with marble tiled floor, ceiling with hanging lights. Bar. Tables and chairs providing seating for 12 People.

Toilet with w.c. and wash hand basin.

Stock room.

Rear Garden with seating for 42 people.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a lease (private Company landlord) granted for 5 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £25,000 p.a. + VAT

We also understand the Landlord will require a 6 month rent deposit, subject to references.

We further understand that the landlord, subject to satisfactory references, is prepared to grant a new lease at terms and rent to be agreed.

Business Rates from April 2024 £850 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE MAY 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, FIXTURES & FITTINGS £25,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 12,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote