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The Greyhound, 82 Kew Green, Richmond-Upon-Thames, TW9 3AP

Offers in Excess of
£100,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Pub for sale

Key features

  • 4 years remaining on 30 year renewable Lease
  • New Free of Tie 20 year lease negotiable
  • Ground floor bar and fully fitted kitchen
  • 1st foor dining room for 60 covers
  • Courtyard for 70 covers & 2 Domestic bedrooms
  • 284 sqm - Energy Rating C
  • Christie & Co Ref: 2457386

Description

Description

This charming mid-terraced building features “Tudor Style” architecture, spanning three storeys plus a partial basement under a pitched, clay-tiled roof. At the front, there’s a small outdoor seating area, while a larger trade patio at the back boasts a retractable roof and patio heaters for year-round enjoyment.

The business is currently food led, with the first floor restaurant, overlooking Kew Green, and the covered and heated courtyard providing an attractive setting for diners. The business also accommodates a local drinks following in the bar area, particularly on match days due to the close proximity of the Brentford Football Clubs Gtech Community Stadium.

Location

The pub is situated on Kew Green, just under 100 metres east of Kew Bridge (A205 South Circular). It is surrounded by mostly low-rise residential buildings, primarily Victorian terraced houses. About 120 metres to the north is the River Thames, and Royal Botanic Gardens is around 350 metres to the west. The nearest train station, Kew Bridge (South Western Railway), is roughly 450 metres to the north and offers frequent services to London Waterloo, with a journey time of just under 30 minutes.

Ground Floor

This traditional pub features an open-plan layout with bar, inglenook fireplace, timber flooring and a mix of high and low seating. At the rear of the ground floor, there’s a fully equipped commercial kitchen, along with male and female restrooms for customers.

Other Floors

The first floor restaurant hosts 58 covers, a feature fireplace and displays lovely views over Kew Green.

The basement includes a cold beer store and various general storage areas for ancillary purposes.

The second floor hosts domestic accommodation consisting of two rooms, an office, a WC and a bathroom.

Fixtures & Fittings

Trade fixtures and fittings in the property are included in the sale.

The Opportunity

This is an excellent opportunity to acquire the lease of a historical and traditional public house overlooking Kew Green. It would best suit owner operators or a small managed company with the hospitality and kitchen skills to maintain a strong retail offering, able of attracting both local affluent consumers and destination trade from visitors to the area. Experience operating pubs and/or restaurants is critical and will be a requirement of the landlord for them to approve and assignment.

Staff

The proposed purchaser will be required to offer continuity of employment in accordance with the Transfer of Undertakings (Protection of Employment) Regulations. Prospective purchasers should complete their own enquiries and due diligence to satisfy themselves as to the rights, contracts and obligations that may run with the property and business, and also the registrations, licences, permits and certificates required to trade.

Trading Information

Trading information provided shows that as of 31/10/2023, the business generated an annual turnover of just over £900k net of VAT. Full Trading Profit and Loss Accounts will be made available to seriously interested parties on request after a formal viewing of the business has been undertaken.

Trading Hours

The opening hours of the premises are as follows:

Monday to Saturday - 11am to 11pm
Sunday - 12pm to 9pm

Licensable activities authorised by the licence - recorded music, late night refreshment and supply of alcohol.

Licensed opening hours:

Monday to Saturday – 11:00am to 12:00am
Sunday – 12:00pm to 11:30pm

Tenancy

This is an opportunity to either acquire a 30 year lease, tied for beers and bottles only, from Stonegate Pub Company expiring in September 2028 at a passing rent of £90,000 or, take on a new 20 year, free of tie lease, at a passing rent of £140,000. Both the existing and the new lease are inside the 1954 Landlord and Tenant Act and subject to five year reviews. The landlord will require a 3-6 month deposit and personal guarantees.

Business Rates

The VOA lists the property with a rateable value of £69,300 from April 2023. The local authority is Richmond-Upon-Thames.

Energy Performance Certificates

EPC 1

Brochures

The Greyhound, 82 Kew Green, Richmond-Upon-Thames, TW9 3AP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kew Bridge Station0.3 miles
  • Kew Gardens Station0.6 miles
  • Gunnersbury Station0.7 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 2457386-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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