Leasehold Public House
Location England
Asking Price Range < $250K
Gross Revenues $299983
Net Profit / Cash Flow $174187
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Description LEASEHOLD œ119,950. Advent Business Sales have been instructed to offer for sale this well established and very profitable business which has been in the hands of he current owner for the last 61/2 years. They have now decided to sell in order to take a well earned rest from the trade.
The pub enjoys a regular and healthy trade with a trade split of 65% wet and 35% food. Our client has a beer garden which has a stage which is primarily used for 1 or 2 large events per year with live bands. We have been informed by the vendor that takings on these days are in excess of œ10,000.
We have also been informed by the vendor that the landlord is willing to pay for the cost of an outdoor patio area to the side of the property. The new owners will be responsible for the outdoor furniture.
Ground Floor: Entrance lobby. Open plan lounge bar split into areas: The first area has boarded floors and seats 12. The second area has a carpeted floor and a seating area for some 38 customers. Lounge bar toilets. Public bar 'L' shape room. Pool table. Seating for some 28 customers. Public bar toilets. Commercial catering kitchen and fridge freezer room. Beer cellar on ground floor.
First Floor: Modern kitchen. Spacious lounge. Office. Bedroom 1 (double). Bedroom 2 (double). Bedroom 3 (a small double). Bathroom - bath, shower, w/c and wash hand basinExternal. Car park for 40 plus vehicles. Lawned garden area to rear with a frame, picnic benches providing seating for 50 plus customers. Stage to rear. Pedestrian bridge connecting garden area to car park.
TENURE: Leasehold.
Original lease: 10 years.
Remaining lease: 10 years.
Review every: 3 years.
Rent: œ33,000.
We are advised that the annual business rates are currently: œ3,339. Contact for more information on this Public House for sale.
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
