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(REF: H7809)  Spacious Semi-Detached Freehold Freehouse
 
Seller Reference: H7809
B4S Reference: 29302
Asking Price: £275,000
Net Profit: Undisclosed
Sales Revenue: £52,000
Number of Staff: 5
Established For: Send enquiry for more details.
Ownership: Freehold
Location: Essex, the East of England, United Kingdom
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Similar business types:
Pubs For Sale in Essex
  Business Summary   
  Nationwide are pleased to offer to the market : We understand the property was built in approximately 1880 with an extension to the ground floor at rear in 1987/1988.

FULL GAS FIRED CENTRAL HEATING

ENTRANCE TO SPACIOUS BAR fully carpeted, wealth of artificial beams and uprights, 2 open fireplaces each with gas fires. Tables, armchairs, sofas plus high chairs providing seaing for in excess of 30 persons plus ample standing. Attractive long wooden bar with 2 T bars, 1 Guiness pump, optics, 3 double door glass fronted counter fridges, 2 electric cash registers, glasswasher, sink.

Ladies cloakroom with 2 w.cs plus wash hand basin
Gentlemens cloakroom fully tiled with urinal, 2 w.cs and wash hand basin

Ground floor beer cellar

WE ARE INFORMED the turnover averages £1,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours and with the introduction of catering. Obviously the business can continue to run as a Freehouse and in our opinion there is also potential for conversion into a Restaurant. We understand at the present time there are no Restaurants catering for Chinese cuisine in Brightlingsea, however, there is one Chinese Takeaway. We are further advised that the sales year ending 31st March, 2010 showed £45,960 with a gross profit of £33,243 (including gaming machines of £1,728).

Uniform Business Rates: £710 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE MAY, 2002 AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £275,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
  Property Information   
  Property: Freehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: The SPACIOUS living accommodation also with FULL GAS FIRED CENTRAL HEATING (separate boiler),fully CARPETED, comprises:

First Floor
5 Bedrooms (4 doubles, 1 single)
Fully tiled bathroom with bath, w.c. and wash hand basin
Separate shower room with large shower plus wash hand basin

Ground Floor
Lounge
Fitted kitchen/breakfast room

Garage used for storage at present
Secluded paved courtyard with 5 tables plus bench seating for approximately 25 persons.
 
  Location: Sought after position, just off the High Street and not from the harbour and sea front ESSEX.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  At present 5 evenings per week - Monday, Tuesday, Thursday, Friday & Saturday - 4 p.m. - 11 p.m.
The business is closed all day Sunday & all day Wednesday
It will be appreciated upon inspection that there is potential for additional opening hours.
  Summary of Staffing   
  At present operated by a lady vendor with the assistance of her husband. No staff employed.





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