Public House - Partial Free Of Tie
Location United Kingdom
Asking Price Range < $250K
Gross Revenues $170000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1992
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Description Leasehold: œ49,950 + SAV. Advent Business Sales have been instructed to offer for sale this long established public house with significant potential. It has been in the current vendors hands for many years and is offered for sale due to retirement. There are 2 separate bars which have been decorated in a traditional style. The premises benefits greatly from the external seating area which has been fully decked out and gas heaters installed. There is also a smoking area.
This public house for sale benefits from being free of tie on all drinks except barreled / Bottled beer and lager. Also free of tie are all gaming machines. The premises is in the process of installing a hot & cold servery in the lounge which will start to serve snacks such as pizza's, pasties etc.
Staff Details: Staff includes the vendors plus 3 other members.
Trading Hours:
Mon - Thurs: 11.00am - midnight
Fri - Sat: 11.00am - 1.00pm
Sun: 12 noon - 11.30pm
Financial Information: We have been advised by the vendor of the following:
Weekly sales: œ3,200
Gross Profit: 45%
Business Premises: Spacious family accommodation with 2/3 bedrooms, lounge, kitchen and bathroom.
Ground Floor
- Main door through to 2 bars
- Lounge area with entrance to toilets
- Public bar area with fruit machine and sky television
- Ladies & gents toilets
- Outside cellar and storeroom
- Access to accommodation
The lounge has just been refitted to create a back bar servery which also includes items such as a pannini grill and microwave.
First Floor
- Spacious living accommodation
- Landing to kitchen and leading into lounge
- 2 large double bedrooms
- Large office
- Family bathroom
External
- Side door for access
New lease has just been negotiated with a fixed rent for 6 years.
Click Here To Contact Seller
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