DEPTFORD, LONDON - PROFITABLE HOSTEL, PUB AND FOOD DELIVERY BUSINESS

LEASEHOLD OFFERS OVER £200,000 to include goodwill, fixtures and fittings. Stock at valuation in addition. The Royal Standard is held on a full repairing and insuring lease agreement from a private landlord for a term of 15 years commencing 27th September 2023. The lease falls within the security provisions of the Landlord & Tenant Act 1954. Rent currently stands at £65,000 per annum, subject to five yearly rent reviews. The lease is free of tie. No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.

TRADE AREAS - BAR: With bar servery, flatscreen TVs, projector and screen and seating for 30-40. - GENTLEMEN'S TOILETS. - LADIES' TOILETS. - VEGAN DARK KITCHEN: Equipped with hot cupboards, convection oven, three ring wok burner, three rice cookers, griddle, commercial microwaves, double deep fat fryer, plancha grill and undercounter fridges. - NON-VEGAN DARK KITCHEN: With griddle, six burner range cooker, double deep fat fryer, microwave, salad station and undercounter fridges. - DELIVERY SERVICE AREA: With collection hatch to side of property. - UTILITY ROOM: With upright stainless steel freezer and fridge - BASEMENT CELLAR AND STORE: Extensive storage areas with a range of fridges and freezers. OFFICE offset. LETTING ACCOMMODATION Spread across the first and second floors and accessed via a separate entrance to the front of the property, the Royal Standard offers 56 hostel beds across 12 rooms. Comprising: - SIX TWIN/DOUBLE/FAMILY ROOMS. - SIX DORM ROOMS. - COMMUNAL SHOWER ROOM: With four cubicles. - COMMUNAL TOILETS: With four cubicles.