Leasehold Public House For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this charming and much loved community public house, in Darwen, Lancashire. The Swan has been in the careful ownership of our client since 1995 and is only now being offered to the market due to personal family circumstances. Our client has undertaken a full refurbishment of the premises bringing it to the high standard it enjoys today. The public house has a very traditional feel and
consequently enjoys a loyal customer base, many of whom participate in the pub's many sporting and games teams. The bar area is open plan and boasts several screens for viewing sporting events. In addition, there is a specific area to the front for pool and darts. The central bar is made from solid wood and benefits from 12 points of dispense. Currently the annual turnover is in the region of £122,000 achieving a gross profit of 50%, which is derived from 100% wet sales. The business is currently being run at a pace to suit our client, offering a new owner immense scope to build upon and increase the turnover further. The property is further enhanced by a 3 bedroom flat situated above. We feel this is an ideal opportunity to acquire a thriving business with excellent future potential and as such early viewing is strongly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 3 years
Remaining length: 1 year
Review every: 3 years
Rent: £465 per week

Living accommodation:

A traditional public house occupying a highly visible roadside position, briefly comprising: Ground Floor Open plan bar area with: • Solid wood bar with 12 points of dispense • TVs • Feature fireplace • Music system • Perimeter seating • Tables and stools • Several bottle chillers • Pool area with perimeter seating, sports screen, jukebox and gaming machine • Access to cellar First Floor • Attractive lounge with feature fireplace and fitted cupboards • 2 x double bedrooms • 1 x double bedroom currently used as an office • Large bathroom • Separate W/C • Fully fitted kitchen External • Small rear yard

Location:

The Swan occupies a very prominent, central trading position on the A666, Bolton Road, in Darwen, Lancashire. The public house is surrounded by residential areas and a variety of shops, which include antique stores, specialist food retailers and an interior design business. This part of Darwen has seen dramatic redevelopment over recent months, with the construction of several new housing projects which will significantly increase the population and provide additional future potential custom. Transport links in the area are good with the A666 being the major link road between Bolton and Darwen. The M65 and M61 motorways are also just minutes away linking commuters to Manchester and Preston.

Other information

Trading hours:

7 days a week