One Of Cheshires Best Loved Gastro Pubs For Sale

Business description

This is a rare & outstandingly succesfull example of a british gastro pub. Very popular with drinkers and diners alike located in helsby to the edge of medieval city of chester.


> sales to june 2011 of £560,000 (inc. Vat) – 60% dry to 40% wet, strong gp and rnp into 6 figures
> a bright and welcoming bar/lounge area with mainly loose seating for 95 covers plus soft furnishings - professional catering kitchens
> a large car parking area with attractive, enclosed beer garden to the side.
> a well maintained 3 bedroomed living accommodation and separate bedsit
> highly developed social media – established web site with over 1,000 mailing list
> planning consent for ground floor multi-purpose function room .


Enjoy and build on the success of this well established business offered to market at £139,950 for the assignment of a part tied lease to include fixtures and fittings good will plus s.a.v.




Location
Helsby is a large semi rural village with a mix of old and new housing and one of the most successful schools in cheshire. The village is popular with commuters due to its links with the m56 motorway and rail networks. Situated on the a56 main road between chester and runcorn and only 5 minutes from the cheshire oaks outlet village. The village sits at the foot of helsby hill, owned and managed by the national trust, which is popular with walkers and climbers. The hill top offers views of the welsh hills and on a clear day even snowdon can be seen. Chester, lying on the banks of the river dee close to the welsh border and home to more than 77,000 inhabitants, is one of the best preserved walled cities in the british isles and is only 10 minutes away.


Property description
This is a large, imposing, detached public house with part brick and part rendered facia and wood cladded apexes. Refurbished throughout in 2005 the inside is immaculately presented and maintained with an open plan bar/lounge area with individual sections divided by balustrades and a few steps. There is a central bar servery and a feature log fireplace with a traditional oak mantle in this bright and airy space. The flooring is a mix of carpet and wood, and there is a tiled bar runner and entrance way. The rest of the decor is of part wood cladded walls and neutral paintwork. The seating is a mix of wooden backed chairs, sofas and padded tub chairs with the odd settle thrown in. All in all a carefully structured variation to suit all tastes.
Professionally fitted catering kitchen including combination oven, fitted extraction, double gas fryer, solid top, griddle etc. As expected the wash room facilities are well above average. The beer cellar is fully chilled.


Owners accommodation
The owner’s accommodation is spacious and fitted and maintained to the same high standards. With 3 bedrooms, living room, modern fitted kitchen and bathroom with shower cubicle. In addition there is a self contained flat with large bedroom and bathroom also with shower cubicle. The accommodation has its own front door and is not accessible from within the pub.



Externals
A part brick and part rendered building with wood feature apexes. An extensive car parking area with rural views and a pretty sun trapped beer garden with picnic style seating on a part grassed area.the living accommodation is reached via a separate entrance, away from the interior of the pub, and a private yard incorporating outbuildings used for storage etc, a large shed and a greenhouse. An enclosed grassed and paved beer garden to the side of the building can be reached via double doors from the end of the bar area.


Premises licenses
We are advised that the business currently opens 7 days a week from 12 noon until 11pm.therefore traditional licensing hours apply.
A personal license will be required and our training associates can assist with this for you along with other licensed retail training inc bii courses.


Tenure
We are instructed to offer the business for sale as an assignment of a 15 year punch taverns lease, commencing august 2011 and partially tied on beer. Rent at £48,870 is less than 9% of sales and a review is not due until 2016. The lease offers protection under the landlord and tenant act and is fully renewable.


Services
We are advised that the pub benefits from mains electric, water and gas. Rates payable of £11,042 (2011-12).


The business
Our clients have owned the business for 6 years as operators and are now moving on with other business interests and into semi-retirement. Having developed a strong trade drawing customers from far and wide due to the strength of their offer and service standards, punch taverns have declared that the pub ‘is one of the most advanced in marketing terms of our pubs in the country’. The pub offers a book exchange and parcel service and is home to a number of clubs and networking groups. The present owners have continued to grow to the point where the planned extension has now become much needed and financially viable. The business has strong sales foundation of £560,000 inc vat on a split of 60% dry to 40% wet converting to a robust gp and 6 figure reconstructed net profit. The addition of the planning’s available will add large “numbers” to the bottom line profits ( including the availablty of 50 extra daily covers) and build on what is already a renowned business.( punch have indicated that they will fund the project)
Full financials will be made available after proof of finance/credit line & viewing.

Property information

Property:

Leasehold