Business for Sale Overview:
Advent business sales have been instructed to offer for sale this extremely well established bar and restaurant which has been trading for over 3 centuries.
The current vendor has been in ownership for only 6 months but is selling due to ill health.
Since acquiring the business, the owner has spent a considerable amount of time, money and effort in refurbishing the premises to a high standard.
No expense has been spared in refurbishing the bar area creating an ambient feel and being the focal point.
The bar is currently opened for limited hours each day which provides genuine scope for any new owner to generate further revenue and trade.
The restaurant, which has only recently been opened, has seating for 40 and provides traditional pub food.
Themed evenings have been popular which includes quiz nights, poker evenings and music jam evenings.
A large 5 bedroom accommodation is also included.
We have been informed that planning consent for up to 16 apartments would be considered for development.
The business is also available as Leasehold for £100,000.
Staffing:
The business is staffed by the vendor, a bar manager and 2 part time employees.
Trading Hours:
Mon-Sat: 4.00pm – 11.00pm
Sun: 4.00pm – 10.30pm.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Business Premises:
Large detached, building, a former coachouse, with approximately 2/3 acres of land, briefly consisting of:
Ground Floor
Entrance off main road
Main lounge with leather seating
Plasma screens and gaming machines
Fully stocked bar
Doorway leading into corridor with further storage areas.
Ground floor level cellar storage
Fully fitted commercial kitchen with new AGA oven
Restaurant to the rear
W/C
Fire exit leading to rear external area
Stairs leading to the first floor accommodation.
First Floor
5 Double bedrooms
Large lounge
Fully fitted kitchen/diner
Family bathroom & w/c
Office.
External
Recently erected smoking shelter with seating area
Garden to rear
Private owners parking to the side
Brick built garage.
Tenure: Freehold
Leasehold available with terms to be negotiated.
We are advised that the annual business rates are currently: £4,200.
Market Competition and Expansion:
Expansion Potential:
There is scope to increase trade and profit further by:
Extending the opening hours and provide lunch buffets.
Advertise locally
Possibility to develop into 16 apartments STPP.
Additional Details:
- The property is owned.
- 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.