Town Centre Pub All Offers Considered For Sale

Business description

The Royal Oak Hotel in situated right in the town centre of Fleetwood.The main bar has 2 parts with great features such as wood panels and 2 lovely fireplaces,the bar area is surrounded by the original floor tiling.There is also a separate vaults and pool room.There is a beer/smoking garden at the rear of the premises and also a large garage(which used to be stables).A lovely traditional pub with great potential.

Property information

Property:

Leasehold

Lease terms:

There is 8 years left on a 20 year Laurel lease(Tied only to beer).Just had the business valued at 69,000.Its priced to sell quickly i'm hoping to be working offshore in the next few weeks.

Living accommodation:

The living accommodation consists of a large lounge,2 large bedrooms,kitchen,dining room,office,large store room,bathroom.Also the area upstairs 4 large rooms,4 smaller rooms,bathroom and w.c

Location:

Right in the town centre.Tram and bus stops 50 metres away that join to cleveleys and Blackpool.

Other information

Expansion potential:

The business has 3 floors.The Top floor could easily be made into flats/hotel with 4 large rooms,4 small rooms,bathroom and w.c!A new central heating system has also been installed.There is also a fully equipped kitchen so theres plenty of scope to make that work.Nearly 400 new homes are set to be built on the dock drawing in contractors and buyers into the area.

Support & training:

Anything that i can do to help the buyers i will do!

Reasons for selling:

Run the business for my mother the past 5 years! i'm young and the pub trade isn't for me.Gonna be working offshore on the oil rigs in the next few weeks!

Trading hours:

11-11 mon-sat 12-10.30 sunday.we do have a late license but have never used it.