A “GEM” OF A LOCALS FREEHOUSE PUB SITUATED ON THE MAIN STREET OF AFFLUENT ANCIENT NATIONAL FOREST VILLAGE OF NETHERSEAL ON THE DERBY – LEICESTER BORDERS CLOSE TO M42
> Great (£) Sales potential for new lessee to build upon existing freeholder run operation and create a robust profitable and enjoyable business
> Low beams and open fire within well presented pleasant lounge/snug (30) bar(40+) & games room.
> Impressive secure family garden (80)
> Inspiring popular traditional village locale with school & post office
> Owners 4 bedroomed accommodation with private garden & entrance
> Fully renewable protected lease of negotiable length – FREE of TIE
UNIQUE EXAMPLE OF A QUINTESSENTIAL VILLAGE PUB OFFERED AT A MOST REASONABLE ASKING PRICE OF £24,950 FOR A NEW LEASE TO INCLUDE FIXTURES AND FITTINGS, GOODWILL PLUS S.A.V.
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LOCATION ( DE12 8DB )
The ancient village of NETHERSEAL, mentioned within the Domesday Book, lies on the borders of the Shires of DERBY & LEICESTER just 3 minutes from the M42 following the A444 which joins BURTON ON TRENT to the BATTLE FIELDS of BOSWORTH with Twycross Zoo and many family favourite destinations along the way. Travel towards Burton, the turning to the village is to the left, follow through the village past St Peters Church, the village post office and primary school then the pub is to the far end of the village set to the left just before the village hall on MAIN STREET. The villages residential housing is a mixture of new quality properties amongst more mature traditional residences with many noteworthy properties such as Netherseal Old Hall, a fully renovated Tudor Hall and Almshouses which date back many centuries. The River Mease ambles through the lower part of the village and through the lazy rambling countryside of the NATIONAL FOREST.
PROPERTY DESCRIPTION
The property is circa 250 years old, completely detached of rendered brick construction under a pitched tiled roof sitting on MAIN STREET and is recorded as becoming a “beer house” in 1865. Internally the trading areas are well presented with low beamed ceiling and half timber panelling to some walls. Floors are either carpeted or of timber or tile finish. LOUNGE/SNUG (30+) BAR (40 + standing) is furnished with an assortment of tables, chairs and settees, some suited for casual drinking and eating from. A darts board is located, with a POOL TABLE within the GAMES ROOM which leads out to the rear garden area. CENTRAL BAR SERVERY has a full range of Bright Beer pumps and Real ale Wickets. Well kept TOILETS have tiled floors for ease of maintenance. The BEER CELLAR is set below ground and is fully chilled. Though currently there are no catering facilities a room for this use is available.
OWNERS ACCOMMODATION
The tidy and comfortable owners accommodation have an entrance private from the main pub and comprises of 3 bedrooms, one of which is en-suite, a further family bathroom, living room and kitchen. Unusually there is a private garden for use of the owners..
EXTERNALS
To the rear of the main property lies a veritable sun-trap, the superbly presented family beer gardens(80) which are laid out on several levels with timber picnic sets under umbrellas and benefits from children’s play structures making this a most popular venue during the finer months of the year. “Bin” and storage area are located to the side of then property.
PREMISES LICENSES
We are advised that the business currently opens from 4pm each day until 11pm with 12 noon till close Saturday & Sunday. Actual permitted hours of 11am till 11 Sun – Thurs, 12 till 12Fri and Sat. A personal license will be required and our training associates can assist with this for you along with other licensed retail training inc BII courses. SKY TV is provided throughout the trading areas.
TENURE
We are instructed by our private clients to offer by way of a NEW PRIVATE LEASE of negotiable length (suggest 15 years) and will be let completely FREE of TIE The business will be let on a starting rent of £18,200 thereon - Yr2) £20,000 - Yr3) £22,000 (plus VAT) set for the next 3 years plus index linking followed by 3 yearly reviews. The lease is fully protected under the Landlord & Tenant Act and renewable at its end for a further similar period at no further premium and will be assignable after a two year period (subject to reasonable approvals & references). Rent is payable monthly with 1 month in advance and a security deposit of £5000 will be required. Each party to pay their own expenses and the freeholder will pay the property insurance as a second rent.
SERVICES
We are advised that the business benefits from connected mains of electric, sewage and water with heating by way of oil. Rates payable of £1000 pa (small business rate relief).
THE BUSINESS
Our clients have owned the business for circa 7 years and has been run quietly and at their own pace with self imposed limited trading hours whilst our client ran a second pub that they own in Lincolnshire. We are informed that sales will show £2300 per week (annually £120,000 inc vat ) completely wet driven.
The pub has 2 pool teams and 2 football teams. Under the new ownership of an energetic focused owner it would be reasonable to expect sales to grow to £4,000 p/w if not more, providing a strong profitable and enjoyable business located within an exceptionally pleasant location.
WE HIGHLY RECOMMEND AN EARLY VIEWING OF THIS FREEHOUSE BUSINESS & FAMILY HOME – WE ADVISE TO CONSIDER THIS PUB AS A MATTER OF PRIORITY – VERY FEW PUBS COME TO MARKET OF THIS POTENTIAL AT THIS PRICE AND DEAL
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