Buy a Public House For Sale business for sale in on BusinessesForSale.com

  • Advert ID: 407105
  • (Seller ref: 8112ST)

Public House For Sale


Price Reduced

Location:
Category:

Listed by:

Asking price:
£100,000
Sales revenue:
£312,000
Net profit:
Available on request


Advent Business Sales have been instructed to offer for sale this well established and popular community pub with excellent expansion potential.

Long established and in the hands of the current vendor for 6 years, it is now reluctantly offered for sale due to the vendors retirement plans.

This is a popular community pub with a strong repeat customer base and also benefits from its own golf society with 45 members plus 7 darts teams and 2 pool teams.

Day to day running of the business is predominately wet sales although there is a function room with a 100 capacity which also has a stage with a full sound and lighting system.

The business also benefits from a full commercial kitchen.

This is a detached premise occupying a large plot with a large customer car park plus a very large lawned area to the rear and side of the premises, which also has disabled access directly from the function room.

The business also benefits from spacious family living accommodation, which is decorated to a high standard including 3 large double bedrooms plus a single bedroom which is currently used as an office.

There is also a very large cellar and storage area beneath.
ref:8112ST


Property:
Leasehold
Lease terms:
TENURE: Leasehold with Punch Taverns
Original lease: 10 years
Remaining lease: 8 years
Review every: 4 years
Rent: £35,000 per annum

We are advised that the annual business rates are currently: £7,500
Living accommodation:
A substantial detached premise on a large plot of land decorated to a high standard and consisting of the following:Ground Floor Bar area with tables and chairs plus pool table and servery ? Archway leading through into second lounge with tables, chairs and bench seating ? Hallway with access into function room with tables and chairs plus stage with extensive sound and lighting system and servery ? Disabled access into beer garden area ? Commercial kitchen ? Access into hallway with stairs to firs floor plus separate self contained access ? 4 x w/c’s First Floor ? Family kitchen with new fitted units ? Family sized lounge ? 3 large double bedrooms ? Single bedroom/office ? Access onto veranda ? Family bathroom with new suite Below Ground ? Large cellar with cooled cellar system ? Bottle store ? Large storage area External ? Tarmaced customer car park with space for approximately 40 vehicles ? Enclosed yard with storage ? Large garden area to side and rear of premises, which can be accessed via the side of the premises or directly from the function room.
Location:
This highly visible premise is situated on a main road in the densely populated village of Chesterton in Staffordshire. There are excellent parking facilities with a large customer car park with approximately 40 spaces. The business benefits from excellent transport links with easy access to the A500 which leads into Stoke on Trent and also to the M6 motorway. Close by there is also a business part and a large industrial estate.

Expansion potential:
Although already a successful business, there is still excellent potential for growth and expansion including:

• Extending the food sales to increase the day time trade.
• Development of the beer garden to include a large outside eating area. The size of this plot also offers numerous options for an outside smoking area in line with future legislation.
Trading hours:
Mon – Thurs: 12 noon – 4.00pm &
Financing available:
Please let us know if you require finance for the purchase of a business.
Related documents:

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