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OUTSTANDING PUB/RESTAURANT - WORCESTERSHIRE
Located in the village of Ombersley, nr Droitwich Spa
Early interest and viewing is highly recommended
Advised annual turnover of £538,000 net of VAT
Business to include all fixtures and fittings
3 bedroom owners' accommodation
Well established concern
Scope to develop further
Semi detached property
Main road location
Consistent trade
LEASEHOLD
Business History
Meridian Business Sales are privileged to offer to the market this superb, well respected and thriving pub/restaurant. The business has been established since circa 1830 and has been in the careful hands of our client for the last 12 years. This only reason this superb concern is being offered to the market is due to our client's wishes to slow down and get ready for a well deserved retirement. The business has an annual turnover of £538,000 net of vat per annum with 70% of turnover from dry sales and the remaining 30% from wet sales. The conservatory restaurant is an A La carte restaurant that is only open evenings, however the pub offers a wide and varied menu which is on offer at lunchtimes as well as fresh daily specials board. They benefit from repeat business as well as passing trade due to its prominent location and the area brings in tourists being close to the River Severn and caravan sites. The business is owner operated and employs 2 full time chefs and 12 part time members of staff. During our clients ownership they have continually invested in new equipment along with fixtures and fittings which are all included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. We believe there is still potential to increase trade by opening all day and by advertising more. Early viewing is highly recommended as this business cannot be missed.
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