Business for Sale Overview:
Free Of Tie Public House, Nottinghamshire.
Asking Price: Leasehold: £84,500 plus SAV.
Advent Business Sales are pleased to offer to the market this extremely well established public house, which has been a place of
entertainment and social activity since the turn of the 20th Century.
The current vendor has been in ownership for the last 4.5 years. The owner is reluctantly selling due to the ownership of a second
freehold public house, which is their home.
The venue has achieved an enviable local reputation for being a night spot over the weekend, with music as well as pool, darts and dominoes.
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 property is a two story detached building in a residential cu-de-sac and briefly comprises of:
Ground Floor;
Door and lobby area with doorway to stairs to first floor;
Main entrance;
Games area with pool on a raised floor;
Fire exit and general darts and dominoes room;
Bar extends across the building to the dance/DJ area;
To right of lobby is a seating area;
At end of bar is the dance floor and DJ area with lighting and full
electronic music center;
Behind bar is a small kitchenette;
To the rear are the ladies and gents toilets;
First Floor;
2 double bedrooms – one with ensuite bathroom;
1 single bedroom;
kitchenette;
large lounge;
office;
additional w/c’s;
External;
Side entrance;
Owner car parking;
Paved to road;
The following have recently been replaced:
Boiler for heating;
Cellar cooler;
TV;
Tills;
New pool table;
Lighting;
Electronic music center;
Big screen projector TV.
Market Competition and Expansion:
1. Additional hours.
2. Make even more of Saturday private functions.
3. Make more of pub’s sporting teams.
Reason for Selling:
selling due ownership of a second public house
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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