Summary
- Asking price:
-
£115,000
- Sales revenue:
- £345,000
- Net profit:
- £65,000
- Years established:
- 80
- Employees:
- 8
Business description
Quality locals' pub with especially attractive garden in suburban Aldershot. Large bright bar with central servery, close to industrial estate and light industry, strong wet trade, new smokers' shelter, good on-site parking
Property information
- Property:
- Leasehold
- Lease terms:
- 30 year Enterprise Inns Lease from August 2003, supply tied, FRI and current rent of £33,000 pa reviewed every five years.
- Living accommodation:
- 2 double bedrooms, lounge, kitchen, new bathroom and office
- Location:
- Busy traditional public house presented to a high standard in lucrative urban and commercial location just south of the town centre. Opposite is a large industrial estate and there are many other small businesses in the area.
Other information
- Expansion potential:
- There is a call for a more elaborate food offering and the pub has the facilities to provide event catering.
- Competition / Market:
- Plenty of pubs in the area but few are of this quality. There is an opportunity to expand the catering especially at lunchtimes when many workers and management employees are looking for value-for-money lunches rapidly served in a warm atmosphere or in the pretty garden.
- Support & training:
- Our client will help as much as required between exchange of contracts and completion.
- Reasons for selling:
- Change of life-style
- Trading hours:
- Mon-Thurs: 10am-Midnight; Fri-Sat: 10am-1am; Sun: 11am-Midnight
- Financing available:
- Our brokers will be pleased to discuss
- Inventory / Stock value:
- £5,000