Business For Sale

Business for Sale Overview:

The Business: Advent Business Sales are pleased to have been instructed to offer for sale this extremely well established and popular community public house. Established in 1938, the pub has been in the hands of the current vendors for almost six years and is only now being reluctantly offered to the market as they wish to pursue an alternative opportunity. The pub has four trading areas – the lounge, bar, family room and function room with is own skittle alley. The pub is very much sports orientated with five skittle teams, four football, three darts, one pool and one crib team. In addition, they subscribe to Sky Sports. The function room, which can seat up to approximately 100, is ideal for any type of occasion with the business preparing buffets if required. The pub was partially refurbished in October 2007 with new carpets, toilets, new skittle alley floor, windows and was also painted. The whole premises are in excellent order throughout with a new purchaser having no work to do on takeover. Trade, which is almost totally wet, is drawn from the loyal local area with extra turnover from fans visiting the nearby football and rugby grounds. The two vendors 2 work full time in the pub and are ably assisted by five part time employees who work for approximately 52 hours in total and also two cleaners. They achieve excellent net sales of circa £345,000 with a gross profit of approximately 52%. Net machine income of circa £300 per week is in addition. We are advised that stock at cost is approximately £3,000. Ref: 9091WR Trading Hours Mon-Thurs: 3pm – 11pm Fri: 12 – 12 midnight Sat: 11am – 12pm Sun: 11am – 11pm Tenure: Leasehold Original lease: 21 years Remaining lease: 19 years Review every: 5 years Rent: £41,000 per annum We are advised that the annual business rates are currently: £8,100.

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 A very large public house with 4 trading areas and family size private accommodation and briefly consisting of: Ground Floor Main lounge (seating for 80 plus) Ladies, gents and disabled w/c Large bar servery Juke box, bandit, ATM, cigarette machine, TV, attractive gas fire set into chimney breast and large stand up cellar off Exit doors to bar beer garden and also to family room Family room seating approx 20 and with an upright piano, through to Function room/skittle alley - seating for approximately 100, alley has recently been refurbished Rear exit door through to: Bar area – seating for approximately 60. Darts throw area, pool table, quiz machine, bandit, 2 TV’s, ladies and gents w/cs, corner bar. External Covered walkway from lounge to heated smokers area with 4 tables 21” removable flat screen TV Kids play area with slide, climbing frame and 16 garden benches Small outside bar. Private Accommodation (First Floor) 3 double bedrooms Lounge Dining room Office Large pantry Kitchen Bathroom with shower over the bath, separate w/c The property is approximately 90% double glazed, is fully alarmed and also has four CCTV cameras with seventeen day backup. There is an excellent large car park, which can hold approximately 70 vehicles.

Market Competition and Expansion:

Although clearly an already well managed business, there is good scope to increase sales and profits further by offering food sales with a takeaway facility available they could also advertise or make arrangements with local businesses to have available the function room for wakes and weddings.

Additional Details:

Resources: