Free of Tie Public House For Sale

Business description

Advent Business Sales have been instructed to offer for sale this well established free of tie public house.

Established in the 1930’s and in the hands of our client for the last 12 years, it is now reluctantly being offered for sale due to their plans to retire.

The premise has a friendly atmosphere and is in good decorative order.

Run as a community based pub, there are many sports teams including football and pool.

The pub has two main bars one of which is used as a games area and the other for the live music sessions which are held every night but Tuesday and Wednesdays.

On offer are a huge range of real ales and the pub features in the CAMRA Good Beer Guide and has previously won an award from the Northampton Best Pub.

The business is run by a husband and wife team plus several part time staff.
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Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: 20 years
Remaining lease: 15 years
Review every: 5 years
Rent: £60,500 per annum

We are advised that the annual business rates are currently: £14,890

Living accommodation:

BUSINESS PREMISES The large detached premises located on prominent corner position with spacious 5 bedroom living accommodation and benefiting from alarm system, briefly consisting of the following: Ground Floor - Games bar with 2 pool tables and 3 games machines - Entertainment bar, stage area and equipment - Fully equipped kitchen - Cellar and spirit store - Ladies and gents w/c’s First Floor - Lounge - Kitchen - Utility room - 5 x double bedrooms - Family bathroom - office External - parking for approximately 25 vehicles

Location:

Our client is situated on a prominent corner location in a densely populated area that is a mix of residential and commercial properties. There are parking spaces for approximately 25 vehicles at the premises.

There are excellent transport links to the M1 motorway & Birmingham is accessed from the M1 and M6 and London is 65 miles to the South.

Other information

Expansion potential:

There is excellent potential for growth and expansion by developing the food sales further, which are present are very limited.

Trading hours:

7 Days a Week

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

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• Document

Contact the seller

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