| (REF: 2507) Busy Public House in Northumberland |
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| Seller Reference: |
2507 |
| B4S Reference: |
26508 |
| Asking Price: |
£239,950
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£78,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Berwick-upon-Tweed, Northumberland, United Kingdom |
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Preferred Commercial is pleased to offer for sale this popular public house, which has been in our clients' careful hands since 1989 and which is only now being placed on the market due to our clients' wish to retire. The business occupies 3-storey premises and has a traditional style bar area with 8-points of dispense, large function room facilities, as well as owners' accommodation. The pub is well-known for serving fine ales, hosting regular quiz nights and has its very own sports teams including darts and pool. The business trades 7-day per week at a pace that suits our clients and generates a turnover in the region of £78,000 per annum, derived from 100% wet sales. We feel that turnover could be increased by extending the opening hours and by introducing meals. The new owner could perhaps, convert the second floor living accommodation into guest accommodation if desired. Our clients have gained an excellent reputation and a loyal customer base, which ensures much repeat trade. This is an ideal opportunity to acquire a popular pub house, which is well-equipped and in a walk-in-and-trade condition, with scope to develop further. 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: |
3-storey public house, with large bar and function room facilities along with owners' accommodation. Briefly comprising:
Ground Floor
• Bar area, equipped to suit with 8-points of dispense, lounge with seating to perimeter, open fire and dartboard
• Large lounge/function room with tables and chairs and a pool table
• Separate buffet room currently used for storage
First Floor
Owners' accommodation
• Large lounge
• Spacious kitchen
• Bathroom
• 2 x double bedrooms
• 1 x single bedroom
Second Floor
• 3 x large bedrooms
External
• Small rear patio area with tables and chairs and smoking area
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Location: |
The Red Lion occupies prominent premises, ideally located in the popular seaside resort of Spittal, Northumberland. The business is surrounded by a good mixture of residential and commercial properties, from which the pub draws much trade. The pub benefits from ample on-street parking, nearby bus stops and there are a variety of amenities in the vicinity. Spittal lies approximately 2 miles from the border town of Berwick-upon-Tweed, which is famous for its walled fortress and being the most northern town in England. Spittal boasts one of the finest natural beaches on the spectacular Northumberland coast, which makes an ideal base for tourists wishing to explore the area. The business has easy access to the main A1, which leads to the thriving cities of Edinburgh and Newcastle. |
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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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Mon - Thurs: 7.00pm - 12.00am
Fri: 6.00pm - 12.00am
Sat: 11.30am - 1.00am
Sun: 12.00pm - 12.00am
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