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Traditional Public House For Lease

Wigan, Lancashire
Asking Price:
£34,995
Sales Revenue:
£189,153
Cash Flow:
Available on request

Business
Hilton Smythe is welcoming to the market, The Victoria. An extremely popular and well established real ale house situated on Haigh Road, Aspull.
The Victoria is a large traditional pub, dating back to 1871. The interior is well presented with a feature wood panelling bar area, creating a warm and inviting atmosphere.

There are a number of antique items which value to around £15,000, There is an option to purchase the business with the antiques at £49,995 plus sav.

Our clients have worked in the business for over 10 years and purchased the lease 2 years ago, though they have enjoyed running the business they are now looking to spend more time with family.

The pub is well known for the real ales and attracts beer lovers from all over the country. Most of the custom comes from regulars and locals, with a high amount of clientele being the older generation. Our client often hosts entertainment nights with live singers and bands.

The Premises has a 5-star food hygiene rating, with potential to offer light lunches should the buyer desire.

The Victoria has an excellent 5 star reputation on both google reviews and Facebook, with customers stating:-

‘Great local pub. Welcoming and friendly. Great ale selection!’ and ‘Great traditional local pub .... Great hosts and amazing staff ... Incredible real ale with fabulous choice and at a local pub price .. Great gins on offer in a proper glass with the best tonics... But the best bit is, the friendliest welcoming atmosphere you could possible imagine from all in there ... My favourite pub’ Our client is offering a hand over period to ensure the continued success of the business.

This is a turnkey business with a great opportunity for anybody looking to get into the trade. The Victoria would be suitable for all types of people, including a family, as there is living accommodation above.

This pub already has a fantastic reputation and the foundations to build upon. utilising social media, advertising and extending opening hours would benefit the healthy turnover the business already has.

Location
The Victoria is situated on Haigh Road, Aspull, Wigan.

The business benefits from its own carpark to the rear of the pub, with spaces for up to 15 cars.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.

The area is also easily accessable by the A-roads, with the A6 being within easy driving distance of the business, which links to the M61 motorway network.

Premises
Ground Floor
Open plan lounge with perimeter seating, tables chairs and stools
Male and female WC
Bar area which serves the main lounge, and an adjoining vault

1st Floor Living Accommodation
Lounge
Kitchen
3 double bedrooms
Bathroom

Equipment included in the sale briefly comprises of:-
Bar fridges
TV screens

There are a number of antique items which value to around £15,000 are to be negotiated with the buyer.

External
To the rear of the property there is a smoking area and car park for around 10-15 cars, The smoking area could be updated and extended ready for the summer months

The building is upto date with fire safety regulations.

Tenure
We are advised the business is Leasehold with a renewable Lease (9 months remaining on the current lease) the annual rent is £18,000 with business rates of £1,200 per annum.

Hours
Friday 12pm–1am
Saturday 12pm–1am
Sunday 12pm–1am
Monday 3.30pm–1am
(Bank Holidays)
Hours might differ
Tuesday 3.30pm–1am
Wednesday 3.30pm–1am
Thursday 3.30pm–1am

Staff
Owner ran with 2 part time staff members.

Financial Profile
The business reports a turnover of Circa £189,153 with gross profit of £85,681 (2017).

Property information

Property:

Leasehold

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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