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WELL ESTABLISHED PUBLIC HOUSE - GLOUCESTERSHIRE
Situated in the beautiful location of Chalford
Self contained owners' accommodation
Advised annual turnover of £150,000
Early viewing highly recommended
Scope for further development
Free of brewery tie
3 letting rooms
FREEHOLD
Business History
Meridian Business Sales are delighted to offer to the market this free of tie public house which has been established since the 1800's and in the careful hands of our clients since 1992. Our clients are reluctantly offering the business to the market due to unfortunate ill health and pressing family commitments. 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 annual turnover currently runs at £150,000 with good gross profit margins, which is derived from the sale of a selection of beers, wines and spirits and from letting 3 en-suite bedrooms. We believe there is huge scope for the introduction of food as there is a fully fitted commercial kitchen currently not being utilised. 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.
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