Free Of Tie Public House With Owners Accommodation For Sale

Business description

HISTORY

• Building dates back to around 1840
• Traditional roadside public house for many years
• Current vendors in situ for 20 years when freehold acquired


REASON FOR SALE

• Retirement


PRODUCTS

• Full range of traditional ales, wines, spirits and lagers – largest seller Fosters
• 100% wet sales
• Non – alcoholic beverages, teas and coffees
• Pool table
• 2 dart boards
• Juke box
• Sky TV
• 2 gaming machines



CUSTOMERS

• Very mixed demographic, mainly locals but with passing trade and tourists
• Very large number of trophy winning teams, including pool, darts and football


SUPPLIERS

• Wholesalers supply lagers, ales, ciders, wines and spirits

STRENGTHS

• Freehold free of tie
• Established public house on site for many years and a well known landmark
• Spacious family accommodation for owners, ideal for husband and wife team
• Within easy striking distance of the seafront and attractions
• Consistently profitable with solid financials
• Fully equipped with pool tables, Sky TV and dart boards




DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises

Property information

Property:

Freehold

Living accommodation:

• Spacious owners’ accommodation with o 3 bedrooms o Family bathroom o Living room

Location:

• Mixed residential/commercial location close to seafront of large coastal resort
• Unrestricted street parking to front of building
• Within 5 minutes’ walk of the main seafront
• Large tourist town with substantial influx of tourists in the summer

Premises details:

• A traditional Victorian Public House with 2 bars and 3 bedroom owners’ accommodation
• Central serving area, with cellar below allowing service to:
o Traditional bar with
. Sky TV
. Fruit Machine
. Gaming Machine
o Sports Bar with
. 2 Dart Boards
. Pool Table
. Sky TV
• Ladies and Gents WCs
• Rear yard currently used as a smoking area

Business Operation

Expansion potential:

• Introduction of bar snacks
• Entertainments licence
• Business development activities and promotions generally
• Introduction of charges for pool and juke box
• Focus on margins with freedom to buy free of tie
• Room rentals to visiting contractors

Trading hours:

• Monday to Sunday from 12 Noon to 1am