Popular Public House And Music Venue In Leicestershire For Sale

Business description

Preferred Commercial is pleased to offer for sale this popular public house and music venue, which has been in our client's hands since 1999 and which is only now being placed on the market due to our client's wish to retire. The business trades 7-days per week and generates a turnover in the region of £250,000 per annum with a gross profit of 50%, derived from 80/20 wet/dry split. The pub is popular with bikers and truckers, who gather from all regions to enjoy the live bands, regular festivals and weekly barbecues. The pub also hosts many other weekly events such as open mic and acoustic night and has its own amateur football team. The pub offers a wide range of quality food such as breakfasts and main meals and takeaway services. The business occupies 2-storey premises and boasts 2 large bars, with 15-points of dispense, spacious seating areas for approximately 60-covers, a large music and entertainment room, commercial kitchen, along with guest letting accommodation and on-site camping facilities. The pub features on the brown tourist signs, which draws much new trade. The business also offers owners' living accommodation. Our client has developed an excellent reputation and a loyal customer base by offering a welcoming and friendly atmosphere, which ensures much repeat custom. There is a website in place, which provides information about forthcoming events, facilities and contact details. The current owner is very keen to find a purchaser who will continue the current activities, for which the pub is renowned. This is an ideal opportunity to acquire a unique business, which is well-equipped and is in a walk-in-and-trade condition. Early negotiations with Preferred Commercial must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Original length: 10 years
Remaining length: 8 years
Rent review: every 3 years
Rent: £44,720 per annum

Leasehold rent:

££44720 per annum

Location:

Victoria Bikers Pub occupies prominent 2-storey detached premises and is ideally located on a busy main road in Coalville, Leicestershire. The business is surrounded by a densely populated commercial and residential area, from which the pub draws much trade. The pub benefits from on-site parking, nearby bus stops and there are a variety of shop, businesses and amenities in the vicinity. Coalville is a popular market town and is well-known for its former coal mining industry along with its many museums and war memorials. The business boasts easy access to the A-road network and junction 22 of the M1 motorway lies approximately 5 miles away.

Premises details:

2-storey detached public house with extensive customer parking, guest accommodation and camping facilities. Comprehensive CCTV system. Briefly comprising:

Ground Floor
• Front bar with 4-points of dispense, optics, pool table, jukebox and tables and chairs for up to 30 covers
• Lounge with tables and chairs for up to 30 covers, further bar with 11-points of dispense and optics
• Live music room with seating to perimeter, stage, dance floor and sound system
• Ladies WC
• Gents WC
• Commercial kitchen with 4-burner hob and oven, 3 x fryers, 2 x griddle/hot plates, 2 x refrigerators and freezer, 1 x combi oven, 3 x microwave ovens, 2 x commercial stainless steel sink units, stainless steel work surfaces, canopy with extractor and hand wash unit

First Floor
• Bedroom 1: Guest accommodation which sleeps up to 8
• Bedroom 2: Guest accommodation which sleeps up to 6
• Bedroom 3: Guest accommodation which sleeps up to 5
• Bathroom
• WC
• Office
• Owners' bedroom

External
• Lawned garden which is covered with a marquee during music festivals etc
• Barbecue area, equipped to suit
• Side terrace area with raised seating
• Large car park to rear, suitable for staging events with capacity for approx 500 people
• Additional lawned areas currently used for camping
• 2 x catering vans, which are used during events and generate additional income
• 20 tonne purpose-built mobile stage truck, positioned at the edge of the carpark and used for events. Can also be hired out as mobile stage at outside events.

Energy Performance Rating:

D

Business Operation

Trading hours:

Mon: - 10.00am - 2.00pm and 6.00pm - 12.00am
Tues - Thurs: 12.00pm - 2.00pm and 6.00pm - 12.00am
Fri: 12.00pm - 2.00pm and 6.00pm - 1.00am
Sat: 11.00am - 1.00am
Sun: 11.00am - 12.00am

Other information

Energy Performance Certificate:

• 
• View EPC Graph for this property