Summary
- Asking price:
-
£525,000
(Inventory / Stock included)
- Sales revenue:
- £177,276
- Net profit:
- £111,095
- Years established:
- 13 Years
Business description
FREEHOLFREEHOLD
PUBLIC HOUSE
GLOUCESTERSHIRE
REF: 8815GL
Advent Business Sales is delighted to have
been instructed to offer to the market this
extremely well established freehold public
house.
The pub was established approximately 100
years ago and has been in the hands of the
current vendor for 13 years. Part of the
building however, dates back to 1620; the
premises are not listed but are within a
conservation area.
The business is only now being reluctantly
offered for sale as the vendor wishes to
retire.
Trade is almost exclusively wet with a
strong tradition of offering a good selection
of real ales.
The pub sponsors the local rugby club and is
also the home base for a pool team and darts
team.
Our client, who only works in the pub part
time, employs full time his son and two part
timers who work 27 hours per week in total.
Although the business does not offer food
sales, it does have a kitchen comprising of:
• 4 ring gas cooker with oven under
• Fridge
• Twin fryer
• Microwave
• Washing machine and tumble dryer
• Sink
• Extractor unit
Property information
- Property:
- Freehold
- Lease terms:
- TENURETENURE: Freehold
We are advised that the annual business
rates are currently: £9000
- Location:
- Our client is ideally located in a very upmarket Cotswold town in Gloucestershire. The town is an
ideal base for the many nearby beautiful riverside and lake walks or to visit the huge number of
famous attractions around the county.
The town has a modern thriving community, which has been formed by its long history, which dates
back to AD850.
The pub is on a main through road, which attracts lots of passing traffic. It has its own car park
with approximately 10 spaces, there is also plenty of free on street parking available in all the side
roads.
BUSINESS PREMISES
A very attractive Cotswold stone built
property within a conservation area.
Ground Floor
The public area and private accommodation
have been maintained to an extremely high
standard with no expense spared, which
would be very evident when viewed.
Twin access points, detached garage with
roof structure, own car park with
approximately 10 spaces, 3 bedroom private
accommodation.
Entry from pavement into lounge area with
a range of comfortable chairs and tables,
plasma tv, through to bar area with very
attractive efficient wood burning stove,
bandit, ladies & gents w/c.
Central bar which serves both public area.
Rear pool area with darts throw, cigarette
machine, quiz machine, tv and with wall
seating all around.
Kitchen off one side and ground floor cellar
off another.
First Floor
Stairs off the lounge to private
accommodation comprising of:
Lounge/kitchen
Bathroom
Master bedroom with ensuite
2 further double bedrooms.
The property is fully insulated to the latest
standard and is double glazed throughout
Other information
- Expansion potential:
- Our client is content with the excellent
profits earned but is aware that these could
be increased considerably by:
1. Offering food sales – because of his
main road location and good car
parking, a lot of passing traffic calls
in and enquires but leave
disappointed. Many local customers
have intimated that they wished he
had at least bar snacks available.
2. The property next door is currently on
the market, this could quite easily be
turned into a very nice annexed
restaurant.
This is quite clearly an exceptional
opportunity which can only be fully
appreciated when viewed.
- Inventory / Stock value:
- £3,000 (included in the asking price)
- Related documents:
-
Contact the seller
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