Run A Pub - Prince Edward

The Prince Edward is a traditional English pub in the heart of Bayswater with a stylish and characterful interior, a distinctive central island bar and a basement ideal for private functions. Situated close to Portobello Road and the bustle of Notting Hill, the pub’s unique position on Princes Square attracts a wide variety of guests.

Bayswater is an affluent area within the City of Westminster and the Royal Borough of Kensington & Chelsea. It is a built up district, bordering the north of Kensington Gardens and having a population density of 17,500 residents per square kilometre. It is one of the most popular neighbourhoods in London for students; well worth factoring into a business plan. The area has an abundance of hotels and tourist attractions and is served by both Bayswater and Queensway tube stations. Its residents benefit from close proximity to London’s largest green space, a palace, a lake and several horse riding stables.

The pub itself trades on two floors; the ground floor with a central bar and dining area, plus the bar area which can be used for casual dining; and the basement area which has its own bar and is ideally suited for private functions or events. The basement kitchen serves both trading floors. The interior of the pub is tastefully decorated and furnished.

This opportunity would suit an entrepreneur operator with an offer to match the needs of the differing guest profiles, which include local residents, business guests, tourists and sports lovers.

There is a spacious private apartment above the pub, comprising a huge lounge with a mezzanine floor, 3 double bedrooms (1 with a mezzanine), a kitchen and 2 shower rooms (1 ensuite).

• Rent:  10% of Net Turnover. Base rent of £81,000, Capped at £140,000 per annum.
• Initial Investment: £40,000 to £50,000
• Fair Maintainable Trade* (FMT) Turnover: £958,316 per annum