The Greyhound, 82 Kew Green, Richmond-Upon-Thames, TW9 3AP
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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
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.
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 FloorThis 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 FloorsThe 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.
Trade fixtures and fittings in the property are included in the sale.
The OpportunityThis 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.
StaffThe 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 InformationTrading 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 HoursThe 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
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 RatesThe 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 1Brochures
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
Notes
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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