Freehouse For Sale

Business description

Front pavement area providing space for 3 tables with benches.

GROUND FLOOR SPACIOUS BAR, wooden floor, partly carpeted. Tables, chairs plus bar stools providing seating for 40 persons (including mezzanine floor). Bar with 4 hand pumps, 2 double door glass fronted counter fridges, 2 electronic cash register, glass washer.

Level kitchen with mainly stainless steel equipment. The equipment includes 4-burner gas cooker, double deep fryer, 1 upright single door fridge, 1 2-door counter fridge, 1 stainless steel upright deep freeze, 1 additional upright deep freeze etc.

Beer Cellar

First floor ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with 3 urinals, w.c. and wash hand basin

Property information

Lease terms:

We understand the premises are held on a secure renewable Brewery Lease having approximately 2½ years unexpired at a current rental of £45,209 p.a. exclusive of rates. We further understand that the rental increase is tied to the Retail Price Index each year.

We further understand that the Brewery will consider a longer lease, if required.

Uniform Business Rates: £16,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Living accommodation:

The accommodation comprises: 2 Bedrooms (1 double, 1 single) Bathroom with bath, w.c. and wash hand basin Lounge Kitchenette

Location:

Sought after position, overlooking the market square, WILTSHIRE

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £7,000 p.w. (including catering in the region of £400/£500 p.w), in our opinion offering tremendous potential for further increase in the right hands. Gross profit 50% approx. We are further advised that the sales year ending 31st December, 2007 showed £298,560.

Reasons for selling:

To Include The Secure Lease, Goodwill, Fixtures & Fittings £29,500 Or Near Offer Plus Stock At Valuation Substantial Loan To An Approved Applicant

Trading hours:

Monday, Tuesday & Wednesday - 11 a.m. - 11 p.m.
Thursday - 11 a.m. - 1 a.m.
Friday & Satuday - 11 a.m. - 2 a.m.
Sunday - 11 a.m. - 12 midnight

Financing available:

Substantial Loan To An Approved Applicant.