Business Overview:
Advent Business Sales are pleased to offer to the market this extremely well established local town center community pub, which has been trading successfully since the mid 1800's.
The pub's history extends back to the days when it was a coaching house.
The current vendor has been happily in ownership for the last 23 years and is reluctantly selling due to a desire to retire.
The pub is 100% wet sales with public and lounge bars and also a covered smoking area at the rear. It is supported by 2 darts teams and a football team. It was noted on both our visits to be well attended by local customers and it also allows supervised children with adults to be allowed in the lounge area up to 7pm.
The pub is warm and inviting with good decor and fixtures and fittings. The outside smoking area is quite spectacular with aluminum seats and tables and remote controlled awning, heaters and lights, the awning can be rolled back during warm and dry weather, giving an added dimension to the pub.
There are door ways from both the front and rear of the building. Off the bar area is a small commercial kitchen area, which might give an excellent opportunity to provide hot/cold bar snacks.
Sales are increasing year on year at a healthy GP, producing healthy net profits in excess of £53,000 per annum.
We are advised that stock at cost is approximately £2,000 - £2,500.
This is an ideal family pub with excellent accommodation and fantastic potential.
Ref: 9136ST
Trading Hours:
Mon-Sun: 10am – 10.45pm
Financial Information:
We have been advised by the vendor of the following:
Annual sales: £198,783.
Gross Profit: 51.7%.
Net Profit: £53,681 per annum.
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Business Premises:
The pub has both width and depth which extends through to the rear street and briefly consists of:
Ground Floor:
Door at front (to right hand) leads to the front bar area with dart board and open doorway leading to lounge bar area.
Second dart board and wide passage area to ladies and gents toilets and back lobby to rear of pub and rear door.
Side of lounge bar is small kitchen area which could be opened out to supply bar snacks.
Doorway leading to cool under cellar.
Behind bar is a doorway to stairs to private apartment.
First Floor:
Beautifully appointed apartment, consisting of:
2 bedrooms, Office, Large lounge, Bathroom , Kitchen/dining area, From the landing there are stairs leading to second floor
Second Floor:
Consists of a second lounge with beams, windows on one side and skylight and another beautiful double bedroom.
External:
The front is paved to roadway.
At the back there is a garden/smoking area.
Rear exit to small car park and the back street.
Additional Details:
- The property is owned.
- The owner may be willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: