| (REF: 2290) Popular Pub and Guest House in Powys |
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| Seller Reference: |
2290 |
| B4S Reference: |
24710 |
| Asking Price: |
£250,000
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| Net Profit: |
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| Sales Revenue: |
£156,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Rhayader, Powys, United Kingdom |
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Preferred Commercial is delighted to offer for sale this popular pub and guest house, which was established in the 1600s and which has been in our client's careful hands since 2002. The business is only now offered to the market due to a change in our client's circumstances. The premises are well-equipped to suit the trade with a spacious bar area with tables and chairs for up to 18 covers and 4-letting rooms, 3 with en-suite bathrooms. The business benefits from an excellent reputation in the village and receives much repeat trade, along with a high footfall of tourists visiting the area. The pub is currently home to darts, dominoes and quiz teams and runs a loyalty card scheme. The business also boasts 1-bedroom owner's accommodation and to the front of the pub is a beer garden with barbeque area. Our client currently offers bar services, high quality fresh food, 4-letting rooms and is not tied to a brewery. The business trades all year and generates a turnover in the region of £156,000 per annum with a gross profit of 40%. We feel this could be further increased by establishing a takeaway menu. The new owner could, if desired, convert the storage room into a 5th letting room. This is an ideal opportunity to acquire an already popular pub with huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
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Property: |
Freehold |
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Living Accommodation: |
No |
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Details of Accommodation: |
Substantial pub and letting room premises with 1-bedroom owner's accommodation. Briefly comprising:
Ground Floor
• Feature wooden bar with tables and chairs for up to 18 covers, large flat screen TV and feature fireplace
• Well-equipped commercial kitchen
First Floor
• 4 x Double bedrooms, 3 with en-suite bathrooms with WC, wash hand basin and shower
• Owner's bedroom
• Bathroom
• Storage room, could be converted into 5th letting room
External
• Garden with tables and chairs to suit and barbeque area |
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Location: |
The Bears Head Inn occupies substantial premises ideally located in the town centre of Rhayader, Powys. The business benefits from ample on-street parking and is surrounded by a variety of complementary shops and businesses. The premises boast easy access to the A-road network and there are regular buses running through the area. Rhayader is a popular tourist destination and is home to many beautiful sites and walks. Newton is approximately 25 miles to the north and Hereford lies less than 50 miles away. |
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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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Open all year round.
Serves food 7 days a week: 11:00am to 8:00pm |
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