Freehold Public House For Sale

Business description

Advent Business Sales are delighted to have been instructed to offer to the market this extremely well established freehold public house.

The pub, which was founded over 100 years ago has been in the hands of the current vendor for over 15 years and is only now being reluctantly offered for sale to enable him to pursue another alternative unrelated business venture.

The pub has a thriving 100% wet trade and achieved excellent net sales of £189,427 in the last financial year with a gross profit of £108,013.

The pub has 2 football teams, a pool team and 2 darts teams.

Although the business does not offer food sales, it does have a good kitchen on the first floor which comprises of:
• 6 ring gas burner with oven under
• 3 microwaves
• Deep fat fryer
• Burger grill
• Upright fridge
• Hot cupboard
• Dishwasher

We are advised that stock at cost is approximately £5,000.

The business subscribes to Sky sports with a splitter box to enable separate channels to be viewed on different televisions.

Property information

Property:

Freehold

Living accommodation:

A very well presented and recently redecorated lounge bar with upholstered perimeter seating, loose tables and chairs, attractive fireplace, large plasma TV. Through to the public bar with 3 darts throw areas, working fireplace, 2 games machines, pool table, jukebox, cigarette machine, rear w/c’s. Bar servery with wall hung TV. Outside disabled w/c, terraced area with tables and chairs Storage shed and a privately enclosed beer garden First floor function room with kitchen off Private accommodation on the first and second floors comprising of 2 double bedrooms (1 with a bath), shower room, office/bedroom, separate w/c, lounge The premises have the added security of being alarmed and having CCTV with 6 cameras fitted

Location:

The pub has an ideal high visibility location on a busy main through road of a thriving Warwickshire town. Situated in the centre of the M1, M6, M69 and M42 motorways and directly on the A5, it is ideally placed to pick up the casual customer from the high passing traffic. The towns of Nuneaton, Hinckley and Tamworth are all nearby.

Parking is free of charge and plentiful in the many nearby streets.

Other commercial businesses nearby include a hairdresser, fish and chip shop, dentists, optician and a takeaway.

Other information

Expansion potential:

Although the business achieves excellent profits, there is still considerable scope to increase sales and profits by:
1. Convert the large first floor function rooms back into a restaurant and then make full use of the existing commercial kitchen
2. A husband and wife team working together in the pub would then greatly reduce or almost eliminate the wages cost

Trading hours:

Mon – Sun: 12noon – 3.30pm and 6.00pm - close

Financing available:

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

Related documents:

• 
• Sales Particulars