Business for Sale Overview:
Freehold Public House Warwickshire.
Asking Price: Freehold: £525,000 plus SAV.
Advent Business Sales are delighted to have been instructed to offer to the market this extremely well established freehold public
house.
The pub, which was founded over 100 years ago has been in the hands of the current vendor for over 15 years and is only now
being reluctantly offered for sale to enable him to pursue another alternative unrelated business venture.
The pub has a thriving 100% wet trade and achieved excellent net sales of £189,427 in the last financial year with a gross profit of
£108,013.
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:
A very well presented and recently redecorated lounge bar with upholstered perimeter seating, loose tables and chairs,
attractive fireplace, large plasma TV.
Through to the public bar with 3 darts throw areas, working fireplace, 2 games machines, pool table, jukebox, cigarette
machine, rear w/c’s.
Bar servery with wall hung TV.
Outside disabled w/c, terraced area with tables and chairs.
Storage shed and a privately enclosed beer garden.
First floor function room with kitchen off.
Private accommodation on the first and second floors comprising of 2 double bedrooms (1 with a bath), shower room,
office/bedroom, separate w/c, lounge.
The premises have the added security of being alarmed and having CCTV with 6 cameras fitted.
Market Competition and Expansion:
Although the business achieves excellent profits, there is still considerable scope to increase sales and profits by:
1. Convert the large first floor function rooms back into a restaurant and then make full use of the existing commercial kitchen.
2. A husband and wife team working together in the pub would then
greatly reduce or almost eliminate the wages cost.
Reason for Selling:
pursue another alternative unrelated business vent
Additional Details:
- The property is owned.
- 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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