Pub for sale

Finborough Arms, 118 Finborough Road, Kensington, London, England, SW10 9ED

Offers Invited

Property Description

Commercial information

  • Business for sale

Key features

  • Ground floor and basement
  • Corner premises on busy main road
  • Affluently located in Kensington
  • Wet-led pub
  • Free of Tie lease - 42,000 rental
  • Basement - Live music venue. Energy Rating F

Full description

Tenure: Leasehold

Description

A prominent corner unit occupying the ground and basement floors of a three storey building. The top floors are home to a small, award winning theatre which hosts plays most nights of the week. Access to the theatre is via the pub.

Location

West Brompton is in the London Borough of Kensington & Chelsea within Greater London. The pub is situated close to some great landmarks including, Stamford Bridge football stadium and facilities such as Chelsea & Westminster Hospital, as well as being local to West Kensington and Earls Court Underground stations.

West Brompton is an affluent area, which provides rich and diverse shopping destinations as well as high quality residential properties.

Ground Floor

• Open plan trading area with central bar (approx. 1,000 Sq Ft)

Other Floors

• Live music venue (approx. 1,600 Sq Ft)
• Ladies & Gents WC
• Storage facilities
• Glass fronted beer cellar
• Cold store

Fixtures & Fittings

We are advised that all trade fixtures & fittings are owned outright and will be included within the sale with the exception of a few personal items or items which may be subject to lease or hire agreements.

The Opportunity

The public house, which has been operated by the current owner since 2015, has been refurbished and converted into a live music venue as well as a sports bar. The pub benefits from sitting below London's leading off-West End theatre.

The previous owners converted the original kitchen in to a glass fronted beer cellar therefore providing an ingoing operator potential to convert this back to its original use.

Whilst the business is currently enjoying healthy levels of turnover, there is undoubtedly opportunity to increase the current trading performance.

Staff

The proposed purchaser will be required to offer continuity of employment in accordance with the Transfer of Undertakings (Protection of Employment) regulations.

Trading Information

The business has reported an increase in sales year on year with more potential.
Profit & Loss Accounts can be made available to seriously interested parties following a formal viewing.

Trading Hours

Licensed trading hours

Sunday to Thursday
12 noon - 11:00pm
Friday to Saturday
12 noon - 12 midnight
Sunday
12noon - 11:00pm

Business Rates

The Rateable Value is £29,500 for the year commencing April 2017. Rates payable are approx. £12,000

Regulatory

The property has a Premises Licence granted by the relevant Local Authority. It is a requirement of the Licensing Act 2003 that properties retailing/serving Alcohol have to have a Designated Premises Supervisor who must be the holder of a Personal Licence. Prospective purchasers are advised to take appropriate specialist advice.


More information from this agent

Nearest stations

  • West Brompton (0.3 mi)
  • Earls Court (0.4 mi)
  • Fulham Broadway (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , London

Whitefriars House 6 Carmelite Street, London, EC4Y 0BS

020 3858 2841 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • West Brompton (0.3 mi)
  • Earls Court (0.4 mi)
  • Fulham Broadway (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , London

Whitefriars House 6 Carmelite Street, London, EC4Y 0BS

020 3858 2841 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 2457337-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co , London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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