Buy a Leasehold Public House For Sale business for sale in Holmfirth on BusinessesForSale.com

  • Advert ID: 456759
  • (Seller ref: 7682)

Leasehold Public House For Sale


Price Reduced

Location:
Category:

Listed by:

Asking price:
£25,000
Sales revenue:
£260,000
Net profit:
Available on request


Bag a Business Ltd is delighted to offer for sale this well-established and thriving concern, which has been in our clients' careful ownership since 2004. Only now is the business placed on the market due to our clients' other business interests. The public house is currently operated under full time management and derives its trade from a mixture of loyal local evening trade and daytime tourist trade. The main source of income is derived from wet sales, but there is great potential to take the business forward by promoting the function room or possibly changing it into a 50-60 cover restaurant. Alternatively, the function room could be redeveloped into letting rooms, therefore generating further income. Whilst the business is producing good profits under management, we feel the way forward is for an owner operator to take over, reduce management costs and take advantage of the huge potential this concern has to offer. Viewing must come highly recommended.


Lease terms:
Leasehold
Original length: 20 years
Remaining length: 16 years
Review every: 5 years
Rent: £28,000 per annum
Living accommodation:
Property Details Substantial stone-built property with pitched roof and 4 bedroom owners' accommodation, briefly comprising: Ground Floor • Entrance lobby • Spacious open bar with slate floor • Pool room • Lounge/restaurant area with mainly bench style perimeter seating and character fireplaces, some of which have living flame gas fires First Floor • Split level function room with dance floor, timber bar, servery, separate entrance as well as eccess from publc house ( can accommodate up to 160 persons) Ancillary Areas • Ladies' and gents' WCs • Beer cellar • Storage room/office • Catering kitchen with dumb waiter to function room Private Accommodation Split between 1st and 2nd floors briefly comprising: • Four bedrooms • Lounge • Kitchen • Bathroom (Currently occupied by management couple)
Location:
The White Hart is situated in the popular tourist town of Holmfirth, West Yorkshire. The property occupies a town centre position opposite a Pay and Display car park and is close to all the local amenities. The location gives easy accessibility to nearby Huddersfield via the A616 and the M62 motorway at Ainley Top

Trading hours:
Mon - Thurs: 12.00pm - 12.00am Fri - Sat: 12.00pm - 1.00am Sun: 12.00pm - 12.00am

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