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Boha London

Pubs & Bars • 562 Kings Road, London, Greater London SW6 2DZ Management opportunity
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Summary

Well known evening venue located on the Kings Road in Chelsea. Has been featured on TV many times in the Made in Chelsea productions.

Description

Well known evening venue located on the Kings Road in Chelsea. Has been featured on TV many times in the Made in Chelsea productions. Well decorated and to a very high standard. Focusses on spirits and whiskeys, so there is an opportunity to expand the beer sales here. Key Features • The pub has a ground floor trading area used for food and drinks, and a basement bar used for drinks and dancing. There is a good sized commercial kitchen, and a manager's flat upstairs. The frontage has a small terrace area that opens up and is popular during the summer months. Business & Financial Information • Estimated ingoings (upfront): £27,000 • Full deposit: £26,250 • Agreement fee: £750 • Guide rent (weekly): £2,019 • Guide rent (annual): £105,000 • Forecast turnover (weekly): £1,089,162 • Forecast turnover (annual): £1,089,161 Ideal Operator This site would ideally suit an experienced operator that is well funded. The ideal candidate would have experience of dealing with well heeled customers, be able to manage a kitchen that has a strong quality food offer, and be able to focus on wet sales. They would also have to be able to create and promote a strong online presence. Private Accommodation There is a manager's flat above the pub with 2 bedrooms. Regional Manager's Thoughts This is a great opportunity for an experienced operator to run their own site in one of the most fashionable and affluent parts of London. This is a well known site in an iconic part of London and it won't be on the market for long. Surrounding Area The pub is situated on the world famous Kings Road in Chelsea. This is a fashionable and affluent part of London. There are other pubs and bars nearby but mostly they are situated a reasonable distance away. So this is a destination venue.

Upfront cost

£27,000
Cost type: Upfront

Key facts

Upfront cost
£27,000
Turnover (annual)
£1,089,161
Rent
£105,000 (annual)

Location

562 Kings Road, London, Greater London SW6 2DZ
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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