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No.8 Willesden Green

Pubs & Bars • 305 High Road, London, Greater London NW10 2JT Management opportunity
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Summary

No.8 is a striking and spacious three-storey property that successfully combines a traditional pub offer with hostel accommodation, providing multiple income streams and a steady flow of footfall.

Description

The ground floor houses the main bar, which benefits from a generous layout with room for two pool tables, a darts board, and plenty of seating. It is already well-suited to live sport, creating a lively and social atmosphere that appeals to both locals and hostel residents. On the ground floor there is a 15-bed dormitory, while further on the two upper floors of the building offers a mix of smaller dormitories and single rooms, providing flexibility for a range of guest needs. Each floor is supported by two shower rooms and separate toilet facilities, ensuring the hostel is well-equipped to cater for groups and individuals alike. With its combination of vibrant pub space and reliable hostel accommodation, No.8 presents an exciting opportunity to build a thriving community hub and destination venue in Willesden. Key Features • As highlighted, this is a unique opportunity to take on not just a great pub, but to also have opportunities via letting rooms/beds. • The courtyard area to the rear gives external space for use by up to 30 customers at a time. Business & Financial Information • Estimated ingoings (upfront): £12,500 • Full deposit: £12,500 • Guide rent (weekly): £962 • Guide rent (annual): £50,000 • Forecast turnover (weekly): £493,309 • Forecast turnover (annual): £493,308 Ideal Operator The ideal operator for this business would have experience in managing large sites previously and in handling a great pub, but also lettings too. Private Accommodation The property also benefits from a room designated as private staff accommodation. Regional Manager's Thoughts A rare opportunity, this is a fantastic opportunity to run a multi-faceted business and would get the help and support from me to continue making it a success! Surrounding Area This pub is situated on Willesden High Road and is surrounded by other shops and retail outlets. The area is a thriving London suburb with the area being multi-cultural and diverse. Willesden Green station is a short walk away, and has good access routes via road and trains.

Upfront cost

£12,500
Cost type: Upfront

Key facts

Upfront cost
£12,500
Turnover (annual)
£493,308
Rent
£50,000 (annual)

Location

305 High Road, London, Greater London NW10 2JT
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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