| (REF: H7803) Spacious Detached Public House |
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| Seller Reference: |
H7803 |
| B4S Reference: |
27320 |
| Asking Price: |
£75,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£364,000 |
| Number of Staff: |
3 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
West Midlands County, the West Midlands, United Kingdom |
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Nationwide are pleased to offer to the market : SPACIOUS BAR with extensive internal brickwork. Bar area with tiled floor plus seating area carpeted, ceiling and wall lighting. Attractive bar with wooden servery, optics, 2 touchscreen tills, 4 glass fronted counter fridges, 11 hand pumps. Spacious seating area with tables and chairs for up to 80/90 persons plus ample standing.
Disabled cloakroom with w.c. and wash hand basin
Ladies cloakroom with 2 w.cs, 2 wash hand basins
Gentlemens cloakroom with 3 urinals, w.c. 2 wash hand basins
COMMERCIAL KITCHEN with non-slip floor, stainless steel extractor unit, 6-burner gas cooker, double deep fryer, 1 stainless steel deep freeze, fridge.
Storage area with 2 chest deep freezes, 1 deep freeze
Large Beer Cellar
PLEASE NOTE AT PRESENT THE TABLES AND CHAIRS PLUS FRIDGES ARE ON A RENTAL AGREEMENT FROM THE BREWERY, WHICH WE UNDERSTAND IS APPROXIMATELY £7 P.W. THIS CAN BE CONTINUED OR INDEED WE UNDERSTAND A PRICE CAN BE AGREED IN ORDER THAT THEY CAN BE PURCHASED OUTRIGHT.
WE ARE INFORMED the turnover averages £7,000 p.w. (mainly wet sales), included in the turnover is we understand approximately £600/£700 p.w. in respect of food sales. We further understand that no food is served on a Sunday. Gross profit in the region of 50%.
We understand the premises are held on a secure renewable Brewery Lease, having approximately 22 years unexpired at a rental of £35,000 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £12,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:
3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, wash hand basin
Separate w.c.
Lounge
Private Kitchen
Adjoining secure paved patio area with tables and bench seating for approximately 30/32 persons.
Private parking for 3/4 cars |
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Location: |
City centre, WEST MIDLANDS |
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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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Monday & Tuesday - 10 a.m. - 8 p.m.
Wednesday & Thursday - 10 a.m. - 11 p.m.
Friday & Saturday - 10 a.m. - 1 a.m.
Sunday opening - 12 noon - 11 p.m. |
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The business is at present operated by the vendor on a part time basis with the assistance of his wife on a full time basis plus 7 part time staff. |
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