| (REF: 2313) Busy Sports Bar Merthyr Tydfil, Mid Glamorgan |
| |
| Seller Reference: |
2313 |
| B4S Reference: |
24793 |
| Asking Price: |
£175,000
|
| Net Profit: |
|
| Sales Revenue: |
£275,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Merthyr Tydfil (Town), Merthyr Tydfil, United Kingdom |
| |
Preferred Commercial is delighted to offer for sale this busy sports bar, which was established in 1900 and has been in our client's careful hands since 2006. The pub is only now offered to the market due to our client's other business interests. The premises are well-equipped to suit the trade with a large bar with 12 points of dispense, DJ mixing desk and 5 flat screen TVs. The business benefits from a constant high footfall from people visiting the town centre. The bar has an excellent reputation and enjoys much repeat trade and word of mouth recommendations. The premises boast large self-contained 5-bedrooms owner's accommodation over the first and second floors and large beer garden to rear with smoking shelter. Our client currently offers bar services all day, screens sporting events and offers entertainment. The business trades all year round and generates a turnover in the region of £275,000 with a gross profit of 57%. We feel this could be further increased by offering a daytime food menu. The new owner could, if desired establish a simple marketing campaign to generate more trade. This is an ideal opportunity to acquire an already busy sports bar with 5-bedroom owner's accommodation and huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
|
| |
Property: |
Leasehold |
| |
| |
Lease Terms: |
Leasehold
Remaining: 20 years
Review every: 5 years
Rent: £30,000 per annum
|
| |
| |
Current Rent: |
30000 |
| |
| |
Living Accommodation: |
Yes |
| |
| |
Details of Accommodation: |
Substantial mid-parade bar premises with 5-bedroom owner's accommodation. Briefly comprising:
Ground Floor
• Bar area with long bar with 12 points of dispense, triple drinks refrigerator, double drinks refrigerator, 2 x electronic cash registers, DJ mixing desk, computerised DJ sound system and shelving behind bar
• Lounge area with tables and chairs, jukebox, games machine, pool table and 5 x flat screen LCD TVs
Lower Ground Floor
• Store room
• Cellar housing the pub's beer and cider
First Floor
• Large lounge
• Kitchen with a range of fitted units
• 2 x double bedrooms
Second Floor
• 3 x double bedrooms
• Bathroom with shower over bath, WC with wash hand basin
• WC
External
• Large garden with beer garden, smoking area and benches
|
| |
| |
Location: |
VNU occupies substantial mid-parade premises ideally located in the town centre of Merthyr Tydfil, Mid Glamorgan. The business is close to the town's amenities and is surrounded by a variety of complementary shops and businesses. The town's bus station is situated to the rear of the premises and the railway station is within easy walking distance. The business enjoys easy access to the A-road network and the M4 motorway is 20 miles to the south. Merthyr Tydfil is a mainly residential town that lies 23 miles north of Cardiff and 30 miles east of Swansea. |
| |
Is this a home-based business? |
No |
| |
Can this business be relocated? |
No |
| |
Is this business part of a franchise? |
No |
| |
Mon - Sun: 9:00am to 12:00am |
|
|