Buy a Superbly Presented Village Inn For Sale business for sale in CLIFFORD on BusinessesForSale.com

  • Advert ID: 672724
  • (Seller ref: W/6064L)

Superbly Presented Village Inn For Sale


Location:
Category:

Listed by:

Asking price:
£99,950
Sales revenue:
Available on request
Net profit:
Available on request


SUPERBLY PRESENTED VILLAGE INN SITUATED IN THE HIGHLY DESIRABLE WEST YORKSHIRE VILLAGE OF CLIFFORD




Prominent attractive property on the edge of this affluent and sought after village.
A superb location, Clifford adjoins the popular and prosperous village of Boston Spa with Weatherby only 3 miles away.
Two characterful bar areas seating 30 and 40 persons respectively, both used for dining purposes and attractively furnished.
Fully equipped catering kitchen.
Large 4 bedroomed owner's accommodation.
Turnover to April 2008 circa £250,000 (inc vat) with trade split 40% wet and 60% food.
Assignment of an Enterprise 20 yr lease with 14 yrs remaining (partial tie - free on wines, spirits and soft drinks.


AN EXCELLENT OPPORTUNITY TO ACQUIRE A QUALITY VILLAGE INN WITH A WONDERFUL QUALITY OF LIFE IN THIS ENVIABLE LOCALE.


ASKING PRICE £99,950 LEASEHOLD TO INCLUDE FIXTURES, FITTINGS AND GOODWILL EXCLUDING S.A.V.


LOCATION
This charming inn is situated in the desirable rural village of Clifford some one and a half miles from the A1(M) motorway and three miles from the historic town of Wetherby. The inn is on the edge of the village almost adjoining the larger and affluent village of Boston Spa. The area is popular with wealthy commuters with the cities of York, Leeds and the popular spa town of Harrogate all being within 12 miles. This inn boasts a large catchment area and has a fine reputation as a dining venue. The beautiful surrounding countryside ensures that the area is popular with tourists, walkers, cyclists and the horse riding fraternity, all these combine to make the village an excellent place to live with an enviable quality of life.

THE PROPERTY

This impressive two storey property occupies a large site on the edge of the village. The Lounge Bar is situated at the rear with its own entrance from the car park, is traditionally furnished, has a beamed ceiling, is fully carpeted, light and airy and provides a warm and welcoming feeling upon entering. This area provides 40 covers. The Front Bar is again traditionally furnished providing a further 30 covers with a standing area around the bar. Both bars are served by a Central Bar Servery fully equipped for the service of both cask and keg beers. There is a fully equipped Catering Kitchen (appliances not tested). The Basement Cellar has further cold storage with a dry goods and freezer room.



Ladies and Gents W.C.'s.

OWNERS ACCOMMODATION

Situated on the first floor and comprising of four double bedrooms (one currently used as an office), Lounge, Kitchen, Bathroom and W.C.

EXTERNAL

To the rear is a large well laid out car park with space for 30 cars. There is a garage and two large store rooms. There are two tables to the front, four to the side and three to the rear, well maintained, providing seating for a further 40 plus persons.

TRADING AND LICENSING

We are advised that the inn trades with the benefit of a Premises Licence (not seen) which permits the sale of alcohol during the hours of:

Monday - Thursday 10.00am - 00.30am

Friday - Saturday 10.00am - 1.30am

Sunday - 12noon - 00.30am

The current opening hours are:

Monday - Closed all day

Tuesday - Thursday 3.00pm - 12mn

Friday - 12noon - 1.00am

Saturday 3.00pm - 1.00am

Sunday 12noon - 00.30am

NB. Important. Prospective purchasers wishing to continue to operate the Public House should ensure that they gain the NCPLH Qualification in readiness for their intended operation of the Public House. Guy Simmonds hold this 1-day NCPLH Course every 2 weeks. Please telephone us to reserve your place or browse the training section of this site.

GENERAL REMARKS

The business is offered for sale as a lease assignment with 14 years of an Enterprise 20 year lease remaining. It has a partial tie on beers and alcopops, being 'free' of tie for wines, spirits and soft drinks. The rent is currently advised as £41,125 p.a. with no review due until 2012. We are advised that at the end of the term the lease should be renewable with no further premium - subject to the provision of the Landlord and Tenant Act 1954. The premises benefit from all mains services. Business rates payable are advised as currently being approximately £6,600 p.a.



THE BUSINESS

Although our vendor clients only acquired the business 12 months ago they have worked hard re-decorating and refurbishing the premises to transform it into the attractive business it is today. Trading figures to April 2008 will show sales circa £250,000 (inc vat) with trade split 40% wet and 60% food. These figures have been achieved despite trading on limited hours. There is no doubt that new and enthusiastic owners (preferable with one experienced in catering) should be able to emulate current trading figures. However, by increasing opening hours new owners should be able to improve both turnover and the profits therefrom. This property offers the opportunity to greatly increase business whilst enjoying a quality lifestyle.

The asking price reflects the solid business foundation, the outstanding location and the quality of the fixtures and fittings.

Accounting information will be made available to interested parties after viewing.


Property:
Leasehold

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

selling your business?

If you own a business and are considering selling, visit our Sell Your Business section.


BusinessesForSale.com recommends
  • HOW TO BUY A GOOD BUSINESS AT A GREAT PRICE
  • 100s of strategies & techniques to help you find & buy the right business.
  • Buy a good business for a great price
  • Click here for more
  • BUSINESS WANTED
  • Reach sellers looking for a business buyer by placing a Business Wanted advert.
  • Business Wanted
  • Business Wanted
  • FINANCE CONSULTATION
  • Whether your Objective is Investment, Purchase, Refinance or to Raise Capital the team at Verizon are dedicated to securing the finance to meet your unique requirements.
  • Verizon Capital - Leaders in Structured finance
  • Click here for more

Change country Close

If you haven't been brought to the right country version of our site please select the correct one below: