| (REF: 1019) Public House Free of Tie in Widnes |
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| Seller Reference: |
1019 |
| B4S Reference: |
24577 |
| Asking Price: |
£89,950
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| Net Profit: |
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| Sales Revenue: |
£200,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Widnes, Cheshire, United Kingdom |
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• 8 letting en-suite rooms
• 2 bed owner Accommodation
• Imposing, well situated three storey building
• Fantastic gross profits
• Function room with self-contained bar
• Turn Over £200,000, GP of 59%
• Beer Garden
• Family owned for 3 years
Situation
This Free of tie public house occupies a substantial corner trading position fronting onto the buddy hale road in the heart of a popular residential area close to Widnes town centre and within close proximity of major motorway and only 3 miles away from Liverpool Airport.
The property
The property is a substantial corner property the business includes a private car park to the rear with a outdoor beer garden which has proven very popular in the summer months, there is a sheltered smoking area to the rear of the building, the business also comes with a 2 bed owners accommodation with 8 letting rooms.
Business details
The business is a thriving community public house which is currently run by husband and wife and 2 x part time staff, until recently the businesses only source of income was from wet sales only with a high GP due to the benefit of being free of tie, there is large scope for offering food, there is a well equipped commercial kitchen which is currently un used.
Some six months ago our clients invested a considerable amount of money into refurbishing the 8 letting rooms, which has been proven popular with outside contractors working in the local area and is generating an additional income of approx £600pw £31,200pa. Which is due to increase when work commences on the new Runcorn Bridge only a few months away
The public house is well known for live sport on a weekly basis, with 2x big screen TVs and 2 x plasma screens allowing more than one match to be shown at a time. Friday and Saturday nights have been proven popular for the Karaoke and disco which goes on until the early hours,
The Gold mine public house currently has two Saturday football teams which brings in a rather impressive crowd of supporters,
There is so much room for growth in this business with the option to improve the Friday and Saturday night entertainment by offering later opening times, Drink deals and even popular local DJs, overall this business is thriving with success and would be a fantastic investment for any interested parties,
Main Floor:
On the Entrance to the public house you come to the main bar area with full timber flooring, a pool table and 4 big screen TVs all covered by attractive timber throughout,
The bar area is fitted through out with, 11 x beer dispensers, 1x double door drinks chiller, 2 x single door display chillers, 2 x electric tills and a glass cleaner,
Moving through to the lounge area of the pub with part bench style seating around the perimeter, with 2x large screen TVs, also fully equipped with a karaoke Booth.
The Kitchen is fully equipped with 4 x filter extraction hoods, 8 ring gas oven, Double bowl s.s.s unit, 2 x micro wave, double chip fryer, 1 x upright fridge freezer and a hand wash basin,
First Floor:
Two bedroom living accommodation, with a spacious lounge, Kitchen and bathroom
Also on the first floor there is
1x large Single room
1x Twin room
1x Triple room
Second Floor:
1x large single room
1x large double room
3x large triple room
On this floor there is a communal kitchen area with tea and coffee facilities, also a shared bathroom with separate W/C
Ancillary areas
To the Basement is a beer cellar and spirit store room, with various storerooms which are currently unused.
Letting accommodation room tariff
The Gold mine public house has access to 8 letting rooms which are charged at £25, 00 per person per night, which is reduced for longer stay customers,
Viewing and Confidentiality
All arrangements to view are strictly by an appointment through the Offices of Local commercial. And no approaches whatsoever should be made to the owner or the business. For an appointment to view please telephone 01254 776022. Quote REF 1019
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Is this a home-based business? |
Yes |
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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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