Pub And Restaurant Established 150 Years For Sale

Business description

Advent Business Sales are delighted to offer to the open market this superb restaurant/public house, which is extremely popular and has been trading successfully for over 150 years.

In the hands of the current vendor since 1998, it is now reluctantly offered for sale due to the vendor’s personal commitments.

The business is restaurant based with a good 60% dry to 40% wet sales split and is tied to beer, rear ale, keg, cask and bottled beer with Enterprise Inn.

The restaurant specialises in traditional home made food using only the finest produce.

The restaurant is open 7 days a week, enjoying a healthy trade in both lunchtimes and evenings. The restaurant capacity is 70 covers, which has a homely atmosphere with the benefit of a real coal fire.
Themed nights are organised on a weekly basis which attracts a good number of customers.

In recent years our client has successfully and tastefully converted the adjoining barn into a bar which has its own entrance and has been popular for those who want to come to this village pub and socialise without interrupting the diners in the restaurant.

The Rafters bar has been masterfully designed incorporating a lounge area which can be hired for a private function with a capacity of 80. Leather seating, pool table, dart board, music hit box, 2 x LCD tv’s and a fully equipped bar and real coffee. The bar has its own set of opening hours to complement and reflect the restaurant.

This business is truly part of the local community as it hosts its pool team, football team and even the golf society.
The Trans Pennine route is only yards away and this brings in a good amount of walkers, ramblers and cyclists.

In addition, the village has a tradition for fell racing, which attracts many people to the area eight times a year.

The external walled beer garden overlooks a large communal playing

There is also a popular barbeque area which is utilised effectively in the warmer months.

There have been many ‘write up’s’ for the restaurant, enjoying accreditation in the good pub food guide for three years running.
The vendors are willing to assist in a short hand over period to ensure continuity


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Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: 21 years
Remaining lease: 5 years
Review every: 5 years
Rent: £18,000 P.A.

We are advised that the annual business rates are currently: £7,188

Living accommodation:

This beautiful stone built premises has the added security of double glazing and an alarm system, with a prime village location and consists of: Ground Floor - Restaurant: - 2 separate entrances, restaurant area - main restaurant with 70 cover capacity - Fully stocked bar - W/c’s - Fully fitted catering kitchen - Access to basement - All areas have been refurbished to a very high standard - Separate entrance leading to stairs to Rafters bar - Carefully designed first floor area with a capacity of 80 - Entertainment area - W/c’s First Floor Separate entrance to vendor’s private accommodation - 4 x family bedrooms - Lounge - Fully fitted kitchen/diner - Family bathroom - Office - Boiler room Second Floor - Large expanse of loft space - unused External - Walled beer garden - Barbeque area - Car parking for 40 vehicles - Ground floor cellar entrance - Private enclosed garden for vendors use - Own parking area

Location:

This destination pub restaurant is located in an attractive and highly desirable picturesque rural South Yorkshire village and benefits from being situated in a highly visible position.

There is a customer car park for approximately 40 vehicles.

The busy A629 Sheffield to Halifax road is only ½ mile away and the area can be accessed from the M1 junction 35a which is approximately 5 miles away.

Other information

Expansion potential:

The business offers excellent potential for further growth by extending the licensing hours.

The vendors are both accustomed to be front of house, therefore all the catering is down to its three chefs. Any new owner, who is more orientated in the kitchen could easily absorb this cost and maximise on net potential.

The function room has not realised its full potential and further scope for private function is a good option.

Trading hours:

Restaurant:: Mon – Thurs: 11am – 9pm, Fri - Sat: 11am – 9.30pm. Sun: 12 – 6pm. Rafters Bar: Mon – Fri: 7pm – 12, Sat – Sun: 12 - 12

Financing available:

Please let us know if you require finance for the purchase of a business.

Contact the seller