Business for Sale Overview:
Advent Business Sales is pleased to have been instructed to offer to the market this extremely well established public house with
excellent future potential.
Founded over 30 years ago and in the proud ownership of the current owner for over 9 years, this large pub is only now being
reluctantly offered for sale due to his ill health.
The pub has a healthy wet trade of approximately £6,000 per week and as a good commercial kitchen, which is currently let out as a Chinese restaurant with an income of £270 per week.
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:
Large prominent premises which is fully double-glazed throughout and benefits from being alarmed and having CCTV with 8
independent cameras. It briefly consists of:
Lounge with long bar with plasma TV behind the bar.
Separate exits to the garden and to the kitchen.
Karaoke area.
Cellar.
Long bar with pool table, jukebox, bandit, games and cigarette
machines.
Ladies and gents w/c’s.
Games/function room with football table, TV, darts throw area.
Side exit to decked and covered smoker’s area.
Living Accommodation:
3 double bedrooms.
Lounge.
Kitchen.
Bathroom with shower.
Separate w/c.
Market Competition and Expansion:
Due to the vendor’s ill health, he has been unable to optimize fully the very large premises but is aware that a new purchaser with the right drive and ambition would reap the rewards in the future.
The beer garden would benefit hugely with swings, climbing frames and a bouncy castle and many more benches, The games/function room could be turned into children’s area.
Both these changes would attract families into the pub from the many residential properties, which surround the pub.
If the new purchaser were a husband and wife team, they would be able to substantially reduce the staff numbers and hence the wages cut.
Reason for Selling:
sale due to his ill Health
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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