Summary
- Asking price:
- £115,000
- Sales revenue:
- £400,000
- Cash flow:
- Available on request
Business description
POPULAR PUBLIC HOUSE & RESTAURANT - CHESHIRE
Advised annual turnover of £400,000 net of VAT
2 bedroom owners' accommodation
Early viewing is highly recommended
Situated in the village of Woore
Scope for further development
Well established business
Genuine reason for sale
LEASEHOLD
Business History
Meridian Business Sales are delighted to offer to the market this well presented public house and restaurant which has been established for around 100 years and has been in the careful hands of our clients for the last 4 years. Our clients are reluctantly offering the business to the market due to unfortunate ill health. Since our client(s) took ownership of the business hey have invested time and money in the business and premises to the point where it is in full walk-in condition. Our clients inform us that annual turnover currently runs at £400,000 which is derived from the sale of a selection of beers, wines and spirits in addition to light bar snacks as well as a popular hot & cold food menu. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. 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: 10 years
Remaining: 5 years
Review: Every 5 years
Rent: £47,000pa
- Location:
- This superb public house and restaurant is located in the pleasant village of Woore situated on the Shropshire/Cheshire border. There is a village store/Post Office, bakers, church, primary school, village hall and three public houses in the village. The situation is most convenient for daily travelling to the main centres of commerce in the North West and The Potteries. The business benefits from having easy access to areas such as Nantwich 9 miles, Newcastle-under-Lyme 9 miles, Stoke-on-Trent 11 miles, Crewe Intercity Rail Network (London Euston 1 hours, Manchester 40 minutes), 10 miles, Chester 30 miles.
- Premises details:
- Well presented two storey detached property, briefly comprising:
GROUND FLOOR
Secure front entrance leading to:
Public bar with flatscreen TV, bar servery, pool table, darts board, duke box and glass wash behind bar.
Restaurant with seating for 75+, electric coal effect fire and bar servery.
Entrance vestibule to front and rear car park.
Ladies, gents & disabled toilet facilities
Catering kitchen with rinse sink, dishwasher, wash basin, 6x microwaves, 5 pot bain marie, hot cupboard, 2x double fat fryers, grill, char grill, 6x burner gas hob/oven, extractor unit, walk-in cold room, sink and 12x freezers/fridges.
Access to cellar with beer drop, wine area and ice machine
FIRST FLOOR
Office
Double bedroom
Lounge
Double bedroom with door to private entrance/fire escape
Bathroom
Boiler/store room
Fully fitted kitchen/diner
EXTERNAL
Side decking/patio with seating for 36, outside TV, rear car park for 50, front parking for 6, brick outbuilding previously used as garage, brick storeroom, LPG gas tank and wooden storage shed.
Other information
- Trading hours:
- Monday: 12:00pm - 12:00am
Tuesday: 12:00pm - 12:00am
Wednesday: 12:00pm - 12:00am
Thursday: 12:00pm - 12:00am
Friday: 12:00pm - 12:00am
Saturday: 12:00pm - 12:00am
Sunday: 12:00pm - 12:00am
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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