Business for Sale Overview:
Advent Business Sales are pleased to offer to the market this extremely well established late Victorian local public house, which has had a continuing successful trading pattern.
The current vendor has been in ownership for the last 6.5 years. The owner is reluctantly selling due to other family business interests.
The pub is 98% wet sales with good regular session drinkers as a customer base.
Events are a regular occurrence:
Monday’s being a ‘jamming session’ with a good mixture of music.
Tuesdays are curry and a pint for £6.00.
Wednesday’s quiz night.
Saturday is karaoke night.
On the first Saturday of the month and also once a month, an 8 piece band practice night, which blends into this vibrant scene
Of course, we must not leave out Bonfire Night, St. George’s Day, Burns night and many more including summer time bbq’s in the very large and family friendly garden, which is fully walled and secure.
The small pub kitchen also provides simple food such as burger and chips, curries and home made foods (stews etc).
The pub is Camera recognized for its good ale and is advertised in the Camera magazine as a good drinking venue.
This is a comfortable, warm ‘British pub’ full of character and charm with traditional decor, fixtures and fittings giving an excellent ambiance.
We are advised that stock at cost is approximately £3,500.
This would be ideally suited to a young go getting couple, who want a good first opportunity, the asking price reflects this.
Staff Details:
The business is staffed by our vendor full time with 4 part time employees, as required.
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 property is a two story semi detached building with two bay windows on the ground floor and a doorway to the center, a side entrance and owner car park is to the left with a gate to the rear and briefly comprising of:
Ground Floor:
Entering the front door is a lobby with inner door leading to a windowed passage way separating the two rooms.
Lounge with TV mounted at the back end, with side windows.
Passage way to main and public bars.
To rear of bar is a lobby with a door to the cellar.
Toilets.
Door to garden.
Kitchen.
Door to stairs leading to flat.
First Floor:
Consists of 2 bedrooms, lounge, kitchen, bathroom, separate w/c.
External
From side door are the bottling sheds.
Storage buildings.
Roofed smoking area.
Large walled garden with seating and tables.
Children’s play area.
Large enough to accommodate a sizeable marquee for special occasions.
Tenure: Leasehold.
Original lease: 15 years.
Remaining lease: 9 years.
Review every: 5 years.
Rent: £42,000 Per Annum.
We are advised that the annual business rates are currently: £640 per month.
Domestic rates: £102 per month.
Market Competition and Expansion:
More could be made of the kitchen, to give a higher profitability. With a very large garden available, this would be a fantastic function venue for summer months, weddings, beer festivals, anniversaries etc.
Additional Details:
- The property is leased.
- 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: