| (REF: S4815L) A Charming Example Of A British Village Inn |
| |
| Seller Reference: |
S4815L |
| B4S Reference: |
29636 |
| Asking Price: |
£32,950
|
| Net Profit: |
|
| Sales Revenue: |
|
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Driffield, East Riding of Yorkshire, United Kingdom |
| |
THE BUSINESS
Our clients have owned the business for approx 4 years and have run it according to their choice of lifestyle. They have developed a healthy trade to meet their requirements and have a good local customer base. The opportunity to develop a good restaurant trade is there for the taking. With several outbuildings and space to the rear, the potential to increase profits can be easily achieved. We are advised that the current landlords are willing to fund the conversion of the barn at present if the new owners require. We are advised that sales are £156,000 inc vat split 70% Wet to 30% Dry and a Net profit of £32,000 is shown. Our clients are putting the business on the market due to a life style change.
AN EASY LIFESTYLE WITHIN A MOST PLEASANT EAST RIDING VILLAGE AT AN ACCEPTABLE INGOING COST
|
| |
Property: |
Leasehold |
| |
| |
Lease Terms: |
TENURE
We are instructed by our private clients to offer by way of a lease assignment of a fully protected and renewable at no further cost, 10 year Enterprise Inn’s agreement from 2007. The current rent is £24,000 pa. Generous barrelage discounts are offered. In addition until September 2012 the Inn benefits from small business rate relief.
|
| |
| |
Current Rent: |
24000 |
| |
| |
Living Accommodation: |
Yes |
| |
| |
Details of Accommodation: |
OWNERS ACCOMMODATION
Consisting of 2 floors. To the first floor there is a newly installed kitchen and living area and a further two double bedrooms. There is a house bathroom that has a presently unused sauna cabin. To the second floor there are two further double rooms.
|
| |
| |
Location: |
LOCATION (YO25 4RG)
Situated in the village of Kilham, which has a population of approximately 1,000. Easily reached by the A614, the A166 and the B1249, Kilham is an affluent area with a mix of residential properties. The Old Star Inn stands opposite All Saints Church, a Norman church, which is well known for its annual flower festival that attracts many visitors. Surrounded by a dozen other villages within a 5 mile radius, and the market town of Driffield just 4 miles away, there are many potential customers to be reached. Driffield is known as the 'Capital of the Wolds' due to its location between Bridlington, Beverley and York. Scarborough is 17 miles drive away.
|
| |
Is this a home-based business? |
No |
| |
Can this business be relocated? |
No |
| |
Is this business part of a franchise? |
No |
|
|
