| (REF: 2456) Excellent Leasehold Public House & Restaurant For Sale |
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| Seller Reference: |
2456 |
| B4S Reference: |
22405 |
| Asking Price: |
£95,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£343,085 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Walsall, West Midlands County, United Kingdom |
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Meridian Business Sales are delighted to offer for sale this superb leasehold public house and restaurant which has a proud history dating back to the early 1900s. Since 2007 it has been owned by our client who is only now placing it onto the market due to strong desires for a lifestyle change. The business which is run and managed by our client with the assistance of staff achieves a very respectable advised annual turnover of £343,085 which is derived from selling an excellent range of beers, wines and spirits coupled with a very popular public house style food menu. The public house achieves a very healthy 55 / 45 wet dry split which gives a healthy return throughout the year. The property had a major refurbishment in 2007 which has resulted in a beautifully presented drinking and dining facility which is a pleasure to visit. The property also has two bedroom living accommodation which is a big plus for a new owner who doesn’t currently reside within a commutable distance. Our client is very generously including all fixtures and fittings into the sale price which means additional funds will not need to be spent for the foreseeable future. This is without question a highly successful public house situated in a very desirable and picturesque setting. We would like to urge very early interest in this opportunity as public houses of this calibre rarely appear onto the market.
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
Exceptionally well presented property briefly comprising of 70 + cover bar lounge and restaurant, fitted bar, fixed seating with traditional tables chairs and stools, feature fireplaces, commercial kitchen, male female and disabled toilets, first floor 2 bedroom private owners accommodation with lounge, kitchen and bathroom, front 20+ vehicle car park and rear 50 + cover split level decked area with waterway views. GROUND FLOORLounge Bar / Dining RestaurantExceptional well presented fitted bar with pumps, spirit displays, payment tills and chillers, well placed seating consisting of fixed seating, dining tables and chairs and stools, 70+ total covers with flexible dining areas, several feature fireplaces and French doors accessing rear external decked area. Ladies, gents and disabled toilet facilities Commercial Kitchen, well equipped commercial catering kitchen facility with walk-in refrigerated cold room. Cellar access FIRST FLOOROwners Accommodation, comprising of: Lounge, kitchen, 2 bedrooms and a bathroom. EXTERNALTo the front - Private well presented car park for 20+ vehicles with decorative flower beds and hanging baskets. To the rear - 50 + cover all weather seating split level decked area with waterside views (must be seen). |
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Location: |
This superb leasehold public house and restaurant has an ideal location in the area of Pelsall which is near Walsall in the West Midlands. The property stands proud on a main through road linking several northern villages to Walsall. The property also neighbours a waterway and provides a wonderful feature for the guests which is taken advantage of with a 50+ cover split level decking area to the properties rear. There is a good selection of residential homes close by which supply a consistent local trade throughout the year. The public house is very well know and has been in the area since the early 1900s and is referred to by many as a well known local landmark. Pelsall really does offer the best of both world whilst offering a picture postcard countryside setting coupled with a wealth of neighbouring attractions, towns, cities and facilities. Popular neighbouring areas include Cannock, Walsall, Wolverhampton and Sutton Coldfield to name a few with Birmingham City Centre only 18 miles away. Pelsall also benefits from having the M6 motorway less than 4 miles away which makes visiting and commuting very easy. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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