Public House, Buckinghamshire Offers Invited For Sale

Business description

Phoenix are delighted to place onto the market this extremely well known public house which was re-built in the 1900’s, formerly being a coaching Inn. It has been in the hands of our clients who are a husband and wife team since 2002. They now wish to retire hence reluctant sale.Our clients operate the business on a full time basis with the aide of 4 part time employees.

There is a Punch Tavern lease in existence and our clients are tied for beers, Alco-pops and bottled beers. Fortunately the smoking ban has not affected our clients and there has been steady trading throughout the years. The business is extremely profitable.

There are many ways in which turnover could be increased including expanding on the food offered, there are up to 6 letting rooms available for a bed and breakfast service which our client charge £30 per night. Also there are no teams organised by the pub which would again increase revenue.

This is an excellent opportunity to purchase a traditional pub which has a turnover in excess of £200,000 and has proved to be very profitable with huge potential.


This is a traditional local pub which produces wet sales in excess of 90%. There is some food, though this side of the business could be developed further.

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
ORIGINAL LENGTH: 20 years.
REMAINING: 17 years.
RENT: £40,000 per annum.

Living accommodation:

PROPERTY DETAILS Ground Floor Large detached premises 2 entrances to the premises Entrance to public bar Dart and pool area Fully equipped bar L shaped lounge area High ceilings with original features 11 pumps Fully equipped kitchen comprising of: 4 burner hob 2 plate griddle 3 microwaves Commercial oven Double stainless steel sink 2 Fryers 4 Freezers 3 Fridges Toaster First Floor 6 Letting rooms available wash room with shower 1 bedroom en-suite External Large car park Decking area Smoking area to the front and rear

Location:

This well known and popular public house is situated on the main high street in the village of Iver, in Buckinghamshire. It is the main commercial road through the village and enjoys much traffic flow as well as a good foot flow of pedestrians. The area offers a very good lifestyle and is a very affluent village on the outskirts of London. Slough lies only 5 miles away and Uxbridge only 2 miles. The M40, M4 & M25 motorways all lie close by.

Other information

Reasons for selling:

rETIREMENT

Trading hours:

Mon – Thurs: 12.00 noon – 12.00 pm Fri & Sat: 12.00 noon – 1.00am Sun: 12.00 noon – 10.30pm