Romford Road, London, E7

Description

Check out this incredible freehold commercial opportunity. So many options for the potential buyers, whether its a Hotel conversion, apartments or keeping as the iconic Public House

**REF: BRGRA**

Tyron Ash Real Estate are pleased to present this substantial freehold pub called "The Rising Sun" that also has 11 HMO rooms and a 2 bed self contained flat not on the floor-plan. This public house truly has incredible development potential as it could either be 25+ apartment units, turned into a Hotel with commercial unit on the ground floor or even kept as a Public House as it is still fully operational and running currently.

This opportunity benefits from NOT being a listed building and no previous planning applications have been submitted. The Public House and Cellars total an incredible 6488 Sq Ft of internal space and the total space including the rooms on the first and second floor total the building to over 10,000 Sq Ft - meaning the possibilities are endless!

Current Income:
£160K+ (£3K+ Weekly) Bar Sales
£57K+ Machine Income
£80k+ HMO Rental
£18K Rental for 2 bed Flat – Total = £315K+ yearly turnover
Costs:
Rates are £5600 a year – Council tax is £1350

For more information or to book an inspection for the property, send your enquiry through and we will be in touch - this won't hang around long!