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Business For Sale

Busy Town Centre Public House

'Lancashire', United Kingdom, GB

Services: Hotel, Motel, Lodging

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$150,000
$420,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
272614382

Business for Sale Overview:

The Barlick Hotel is a wonderful stone built 19th century coaching house, situated in the bustling market town of Barnoldswick. The surrounding area is one of natural beauty and is part of the conservation area of Lancashire. The pub is well known locally and has a reputation for its excellent choice of beers and lagers along with a superb entertainment schedule to suit all clientele, both young and old. The business trades impressively with weekly takings averaging circa £8,000 per week. There is huge scope to introduce a food menu to bring in extra revenue, the excellent lunch time and evening trade could certainly justify this extra investment. The property is in good order and a new bar area has been recently refurbished. The private accommodation upstairs offers plenty of room for the average family, having four bedrooms. The number of rooms also lends itself to the possibility of offering bed and breakfast accommodation.

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:

The premises are leasehold and the lease is in place until 2018. Rent is circa £27,600 per annum with rates of circa £10,000 per annum. The pub area is carpeted throughout. The 1st floor has four bedrooms, a large kitchen/diner, large lounge and bathroom. The attic area on the second floor is a blank canvas and is ready for a complete refit for circa 4/6 bedrooms, dependant on size and bathroom facilities.

Market Competition and Expansion:

Word of mouth is the main form of advertising. There is a web site but this needs updating.

Reason for Selling:

Wish to pursue other business opportunities.

Additional Details:

  • The property is leased.
  • The owner may be willing to train/assist the new owner.
  • This may become a homebased business opportunity.
  • This may become a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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