LONDON - PUB IN RESIDENTIAL AREA CLOSE TO TWO STADIUMS

Isleworth, London

Ref: 38343

Leasehold £50,000

Key Features

  • Residential location in Isleworth
  • Close to The Stoop and Twickenham Stadium
  • Traditional corner public house
  • Two bar operation (40-50)
  • Three bedroom owners accommodation
  • Lifestyle business on free-of-tie lease
  • Location

    The Victoria Tavern is situated in the suburban town of Isleworth, located within the London Borough of Hounslow in West London. It lies on the boundary of St Margarets and the River Thames, equidistant between Brentford and London Heathrow Airport. The area boasts a number of amenities and attractions including a vibrant shopping centre, Royal Botanical Gardens at Kew, Syon House, Syon Park, West Middlesex University Hospital, Osterley Park and House (National Trust) and the Sky Studios. The area greatly benefits from employment and income from three major sports venues located nearby, being Twickenham Stadium, Twickenham Stoop and the Gtech Community Stadium (Brentwood FC).

    Isleworth lies just off the A4 and M4, both vital arterial roads into the city from the M25. Rail services are available from nearby Isleworth Station which provides services into Reading and Central London, as well as London Underground services from nearby Hounslow East with TFL Underground services on the Picadilly Line.

    The Victoria Tavern is a traditional corner plot public house, situated in a residential area. This two storey property is of brick construction, understood to date to the 1910’s. The property is presented to a high standard throughout following consistent investment by the current owners.

    Property

    TRADE AREAS
    - PUBLIC BAR: Traditionally presented with carpeted flooring, part panelled walls and open fireplace. Central bar servery, TV and juke box. Potential to seat 20-30 with room for more standing.
    - SALOON BAR: With exposed timbers and log burner. Includes a dartboard, pool table and projector with screen. Seating for 18 with room for more standing.
    - CONSERVATORY: With flatscreen TV and comfortable seating for 8.
    - GENTLEMEN'S TOILETS.
    - LADIES' TOILETS.
    - BASEMENT CELLAR.

    OWNERS ACCOMMODATION
    Located at first floor level and benefitting from its own access to the rear of the property, comprising:
    - THREE DOUBLE BEDROOMS.
    - LIVING ROOM.
    - KITCHEN.
    - BATHROOM.

    EXTERNAL
    - FRONT SEATING: Roadside seating with one picnic bench
    - TRADE COURTYARD: With four picnic benches and lean-to OUTBUILDING/STORAGE.

    The Business

    The Victoria Tavern operates as a wet-only community public house which enjoys a loyal, local drinking trade. The business is popular with its regular live music events as well as on days when events are being held at Twickenham and The Stoop.

    Trade profit and loss accounts for the year ending 2022 show a net turnover of £174,283, a gross profit of 65.4% and an adjusted net profit of £41,835. Further accounting details can be made available following a formal viewing.

    The Victoria Tavern would suit a hands-on owner operator seeking a lifestyle public house business, which they can further expand on by increasing the number of events such as music, quizzes and theme nights.

    Tenure

    LEASEHOLD £50,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.

    The property is held on a full repairing and insuring lease agreement from Wellington Pub Company, for a term of ten years, extended by a further five years expiring in May 2036. The lease falls within the security provisions of the Landlord & Tenant Act 1954 and is fully assignable. Rent currently stands at £37,086 per annum, subject to five yearly rent reviews and annual RPI adjustments (capped and collared). The lease is free of all trade ties.

    No direct approach to be made to the business; please direct all communications through Sidney Phillips.

    Viewing strictly by appointment only.

    Licence

    A full Premises Licence is held.

    Services

    All mains services are connected.

    Local Authority: London Borough of Hounslow
    Rateable Value: £9,500

    Enquire about this listing

    Robert Cockayne
    South East & London

    Ref: 38343