Leasehold Public House In Rhuddlan Denbighshire For Sale

Business description

Bag a Business is delighted to offer for sale this thriving and highly regarded leasehold public house business in such a prime trading location within the village of Rhuddlan. The Castle Inn has been established for over 200 years and has built up an enviable reputation throughout the region. Currently the business has an annual turnover of £246,220 achieving a 46% gross profit on a 100% wet basis. There remains significant potential to increase turnover further, through the introduction of food, if desired. The premises are particularly attractive with period features and exposed beams throughout, and already has a fitted commercial kitchen. The business is well supported, from throughout the local residential area, with a darts team, dominoes team and a weekly quiz team. The rear of the property has a unique enclosed, covered yard as well as an external pool table and a spacious rear patio, which is a popular sun-trap in the summer. This is a particularly attractive purchase as the premises also have spacious three-bedroom private living accommodation. This is a unique opportunity to purchase such a thriving and well-established business in such a prime trading location. Early discussions with Bag a Business must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original: 21 years
Remaining: 17 years
Review every: 5 years
Rent: £25,000 per annum
Brewery: Marstons

Living accommodation:

Substantial two-storey property in a prominent trading position within centre of the village. Briefly comprising: GROUND FLOOR Main entrance, lobby Lounge bar with 7 taps, tables, chairs and perimeter seating Public bar: with 12 taps, tables, chairs and perimeter seating, Jukebox, fruit machine, darts board, big-screen TV Ladies WC, Gents WC - accessed from both bars Commercial kitchen with commercial grade flooring throughout, 2 Lincat fryers, worktops, grill, double sink, double toaster, hand sink, microwave Ground floor cellar and separate chiller room, Additional yard and external dray access FIRST FLOOR Self-contained private living accommodation with separate internal as well as external access. Briefly comprising: Lounge Kitchen and dining area 2 double bedrooms Single bedroom/office Bathroom - bath with shower above, WC and basin EXTERNAL Attractive wide frontage Private pub car park opposite for 20 plus vehicles Enclosed and covered rear yard with pool table, 2 picnic tables, rear patio (sun-trap), and additional picnic tables

Location:

The Castle Inn is located in a prominent and highly desirable trading position on Castle Street, within the centre of the picturesque village of Rhuddlan, in Denbighshire, North Wales. This substantial two-storey period property has an attractive wide frontage with a large car park opposite. It is within the heart of a popular residential area from which it generates much regular repeat custom. The famous Rhuddlan Castle is close by, and the village is regarded as the site of the first Welsh Parliament and is steeped in heritage, with an old abbey and prehistoric hill fort. The area is a haven for visitors and tourists all year round with numerous award-winning attractions nearby. Rhuddlan is easily accessible, being just off the main A525, Rhyl to Rhuddlan road, and on to the A55 Expressway.