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Freehold 24 Hour Licensed Substantial Plot Site For Sale
Undisclosed, Nottinghamshire, United Kingdom
Financials
Asking price: £275,000
Sales revenue: < £200k
Net profit: < £100k
Fixtures value: Undisclosed
Stock value: £5,000
Business description
Freehold, large corner plot, 24 hour licensed premises enjoying over half an acre size plot. Currently boasts substantial trading areas, private accommodation, large garden and car park. Seperate letting accommodation provided from a further detached barn conversion providing 8 en-suite letting rooms.
Quiet village location providing excellent develpoment potential (building plot, nightclub, care home, themed public house, the potential is almost endless).
Passed new fire regulations, has disabled access and plenty of land to site smoking shelters, as required. Also huge potential to increase revenue for next 2 years due to a local power station being given the go-ahead for major expansion project which will flood the area with a variety of contract workers looking for beer, food, accomodation and entertainment.
Years established: Established circa early 1900. Current owner just over 6 years.
Employees: None
Trading hours: Licensed to trade 24 hours, 7 days a week but currently very limited trading hours due to owner's health.
Property: Freehold
Living accomodation
On the first floor of the main building, three bedrooms, bathroom with bath and wc, shower room, lounge, kitchen/diner and utility room.
In a separate detached barn conversion, 8 en-suite rooms, all with showers and wc and recently refurbished.
Location
Located in a rural village in North Nottinghamshire but benefits from nearby industrial units. A substantilal plot/site with a 24 hour licence to trade.
Expansion potential
Almost unlimited expansion potential as currently trading very few hours. The site has much potential for change of use, for example a destination club, a care home, a building plot, a private mansion with grounds for workshops, a recording studio, basically almost anything you can dream of and have the capital to turn into reality.
Competition / Market
No direct competition as it is the only retail premises in the village and the only licensed one for over a 2 mile radius.
Support & training
Any reasonable questions answered and every support possible will be given to a prospective buyer.
Reasons for selling
BARGAIN - VERY LOW PRICE FOR A QUICK SALE, as ill health and looking to move abroad.


