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

  • Advert ID: 619926
  • (Seller ref: 8703S)

Leasehold Public House For Sale


Location:
Category:

Listed by:

Asking price:
£143,950
Sales revenue:
£271,960
Net profit:
Available on request
Years established:
50 Years
Employees:
The pub is staffed by the vendors, a husband and wife team and they are assisted by a further four members of staff, all working various hours in excess of 16 hours each.


Advent Business Sales are delighted to have been instructed to offer to the market this extremely popular wet led public house.

The pub has been trading successfully for over 50 years with the current owners at the helm since 1997.

It is only now being offered for sale due to ill health and the desire to relocate abroad.

Although a predominately 95% wet led business, the pub has a good commercial kitchen with excellent facilities, which can be utilised to incorporate good quality traditional food daily.

At present, food is only offered for a few hours a week and this is due to the vendor’s own personal circumstances.

A large function room with DJ box, music and entertainment doubles up as an extension to the dining area. This area is popular for private functions.

The premises are set out over three spacious floors with the upper floor being the owner’s accommodation.

The first floor consists of a spacious one bedroom living accommodation with a further five rooms and two family bathrooms on the second floor. There is good scope to convert the second floor into letting rooms, adding further financial benefit to the turnover.

There are two external smoking areas which have been decked and have sufficient heating in the way of patio heaters. The grounds offer excellent facilities with children’s play area and sufficient seating enabling a relaxed atmosphere.

The pub is fully tied with Punch Breweries with the exception of slot machines, pool table, music entertainment and food.

The owners have built an excellent reputation over the years, building a loyal customer base. The pub has a pool team, cricket team, men’s and children’s football teams, who remain competitive in all tournaments and leagues

ref:8703S


Property:
Leasehold
Lease terms:
TENURE: Leasehold
Original lease: 6 years
Remaining lease: 6 years
Review every: 3 years
Rent: £34,000 P.A.

We are advised that the annual business rates are currently: £500 per month


Living accommodation:
BUSINESS PREMISES Exceptionally spacious detached pub, commanding an excellent trading position. Furnished and equipped to a high standard briefly consisting of the following: Ground Floor - Main entrance into main bar area - Corridor leading into main bar - Central bar serving 2 lounges and a tap room - Licensed for 230 - 42” plasma screen, 16ft wide drop down projector screen - 28” plasma screen - Pool table - Cash dispenser - Fruit machines and juke box - Separate function room - Fully fitted and fully equipped commercial kitchen - 2 x ladies and gents w First Floor Private living accommodation comprising of: - 1 x double bedrooms - Large lounge - Office - Fully fitted kitchen - Family bathroom Second Floor - Further accommodation which could be utilised as letting rooms - 2 x double bedrooms - 2 x single bedrooms - 1 x family room or lounge - 2 x family bathrooms External - Garden - Patio area with bench seating - Smoking enclosure to the front and another to the rear with seating - Children’s adventure play area - Car parking for approx 40 vehicles
Location:
Our client is ideally located on an extremely busy cross road junction in a village close to the town of Barnsley in South Yorkshire.

The surrounding area is predominately residential.

There is ample parking for up to 40 vehicles with additional street parking if required.

The village itself can be easily accessed via junction 38 on the M1 which is 1.8 miles away; in addition the towns of Barnsley and Huddersfield are close by, enabling good rail and road access.

Expansion potential:
EXPANSION POTENTIAL
Although already a very well managed business, there is huge scope to increase sales by further offering good quality food.

A further opportunity arises in the letting of the five rooms to substantiate additional income.

Potential to utilise the outside areas further will naturally attract more customers.
Trading hours:
Mon – Wed& Sun: 12 – 12, Thurs: 12 – 12.30, Fri – Sat: 12 – 1pm, Sun: 12 - 12
Financing available:
Please let us know if you require finance for the purchase of a business.
Related documents:

For more information about this business for sale, click the Contact Seller button.

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