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Valuation Request

what is your property worth?


I used Robinson Marsh to source tenants at my property for a few years now, have been very happy with the service

St Marys Road, Plaistow - E13 9AE

£1,350,000

  • Garden
  • Gas Central Heating
  • Close to Transport
  • Turnover £300k pa
  • Licensed HMO for 6 Letting Rooms £50k pa
  • Not Serving food at present .
  • Great potential STPP for a scheme of 8 to 9 flats.
  • Sale to include freehold
SUBSTANTIAL PLOT IDEAL FOR DEVELOPMENT STPP TRADITIONAL FREEHOLD FREEHOUSE WITH 6 LICENSED HMO LETTING ROOMS. SITUATED IN THE HEART OF EAST LONDON JUST MOMENTS FROM PLAISTOW AND WEST HAM UNDERGROUND LINES

Traditional and welcoming Public Bar (circa 220) 
6 Licensed HMO Letting Rooms - (3  en suite shower rooms). 
Presented in excellent decorative order throughout. 
Enclosed Courtyard (circa 60+). 
Advised turnover for year ending May 2018 circa £300,000 (incl. VAT). Current sales consistent with 2018. 
Trade split circa 90% wet and 10% accommodation. Potential for catering/events orientated operators or a commercial investor. 

AN INCREDIBLY RARE OPPORTUNITY TO ACQUIRE A WELL ESTABLISHED BUSINESS WITH A SOLID TRADING FOUNDATION OFFERING TREMENDOUS POTENTIAL 


LETTING ACCOMMODATION 
Situated on the 1st floors, offering good sized rooms and briefly comprises: 6 bedrooms - (3 shower rooms). There is also a communal kitchen and a communal bathroom and W.C. 

EXTERNAL 
There is an enclosed and partly covered Courtyard (circa 60+) at the rear and is furnished with timber picnic benches. 

TRADING & LICENSING 
We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of: 

The current opening hours are as follows: 
Monday - Friday - 12.00 - Midnight 
Saturday - 12.00am - 01.00am 
Sunday - 12.00am - 11.30pm 


NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House. The Lord Stanley E13 9AE 
Beer sales £300k pa
Licensed HMO for 6 Letting Rooms £50k pa
Not Serving food at present .
STPP great potential for a scheme of 8 to 9 flats.
There was planning for 6 x 2 bedroom apartments which has now lapsed

Sale to include freehold

AVAILABLE NOW