Outstanding Public House with Restaurant and Letting Rooms For Sale

Business description

Established as a public house for over three hundred years and under the current ownership for the past two, the business has an excellent bar area which has a capacity of 100 people, a restaurant with 90 covers easily accommodated and 10 letting rooms. The bar benefits from live music, two dart teams and a pool team, and the restaurant which is a carvery, takes the bulk of it's takings on Sundays however also doubles as a function room for weddings etc. The letting rooms are let primarily to contractors during the week and people visiting the area for weddings etc at the weekends. Additional benefits are the owners two bedroom accommodation, 90 spaces car park, gardens and large commercial kitchen.

Property information

Property:

Leasehold

Lease terms:

There are 17 years left on the lease with a current rent of £44,000 pa. Tied on beers.

Location:

Substantial property including bar area, 90 cover restaurant, 10 letting rooms, owners 2 bedroom accommodation, large commercial kitchen, walk in fridge and freezer, large gardens, very large car park. The property really requires viewing to fully appreciate the vastness and potential of the property.

Other information

Expansion potential:

There is vast potential to increase the amount of functions catered for and build the dry sales throughout the week.

Reasons for selling:

The vendors wish a change of career and to start a family.

Trading hours:

11.00 am to 11.30 pm Monday to Thursday (but licenced until 1.00 am), 11.00 am to 1.00 am Friday and Saturday, 12.00 noon to 10.30 pm Sunday.

Contact the seller