Superb Public House With Resaurant In Northampton For Sale

Business description

SUPERB PUBLIC HOUSE WITH RESAURANT - NORTHAMPTONSHIRE
Situated in the beautiful village of Duston
3 bedroom owners' accommodation
Advised weekly turnover of £11,000
Scope for further development
20% dry and 80% wet sales
Well established business
Genuine reason for sale
LEASEHOLD


Business History

Meridian Business Sales are delighted to offer to the market this well appointed public house which has been established for approximately 350 years and has been in the careful hands of our clients for the last 5 years. Our clients are reluctantly offering the business to the market due to their desire to concentrate on other business interests. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that weekly turnover currently runs at £11,000 which is derived from the sale of a selection of beers, wines and spirits in addition to light bar snacks and a popular hot & cold food menu. There is huge scope for a hands on owner operator to improve on the food side of the business and take full advantage of the fully functioning commercial kitchen. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This business would ideally suit a husband and wife or partnership and could afford a good standard of living. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 20 years
Remaining: 15 years
Rent: £44,000pa

Living accommodation:

Beautifully presented two storey Grade II listed property, briefly comprising of: GROUND FLOOR Secure front entrance leading to: Open plan lounge with bar servery and ample seating. Restaurant with log burning fire, 2x TV's, dining tables & chairs plus condiment/serving area. Main bar area with servery, seating, pool table and 2x flat screen TV's. Dart room with 2x dart boards, open fireplace and TV. Office. Fully fitted commercial kitchen with 2x sinks, griddle, 2x double fat fryers, 4 ring gas hob/oven and grill, combi oven, microwaves and fridge/freezer plus access to fridge/freezer stores. Access to large cellar FIRST FLOOR Bathroom with bath, toilet and wash basin Lounge Fully fitted kitchen/diner 3x double bedrooms EXTERNAL Car park for 24 Beer garden with smoking shelter and picnic tables Bottle stores Private garden Car port/work shop/tool shed

Location:

The public house occupies a prominent position in Old Duston Village. The area is well placed for communications being approximately four miles from the A45 which in turn affords access to the M1 motorway (junctions 15 and 15a) and the A14 (A1/ M1 link road to the north) and the M40 to the south west. Northampton Castle Station provides a direct line to London Euston with journey times of around 1 hour and easy access can be gained to a number of prominent centres to include Milton Keynes, Wellingborough, Rugby and Daventry. Within the village of Duston itself there are a number of shops and local services. More comprehensive amenities are available in Northampton town centre. There are attractive walks at Harlestone Firs, water sports at Pitsford Water and golf at Collingtree Park and Chapel Brampton. The historic Althorpe Estate is situated some 2 miles from Duston and the westerly routes from the property provide a gateway to some of the regions finest countryside.