| (REF: S4807L) A Highly Profitable Public House In Lancashire Moors Township |
| |
| Seller Reference: |
S4807L |
| B4S Reference: |
29945 |
| Asking Price: |
£139,000
|
| Net Profit: |
|
| Sales Revenue: |
|
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Rossendale, Lancashire, United Kingdom |
| |
THE BUSINESS
Our clients have owned the business for approx 5 years during which they have developed a healthy trade with a split of 60% dry and 40% wet. We have accounting information for the year ending April 2010 which show Sales of £533,000 inc vat with a resulting circa £60,000 Net Profit (after adding back personal and one off expenses).
AN INTERESTING BUSINESS WITH HIGH SALES AND EXCELLENT PROFITS
|
| |
Property: |
Leasehold |
| |
| |
Lease Terms: |
TENURE
We are instructed by our private clients to offer by way of a lease assignment of a 21 year Marstons Pub Co agreement from 2006. The lease is partially tied, current rent is £37,500 pa (8.4% rent to sales ratio). Generous barrelage discounts are offered and rent review not due until 2016.
|
| |
| |
Current Rent: |
37500 |
| |
| |
Living Accommodation: |
Yes |
| |
| |
Details of Accommodation: |
OWNERS ACCOMMODATION
Consisting of 4 bedrooms, a kitchen, bathroom and office. Also a separate self contained flat.
|
| |
| |
Location: |
LOCATION (BB4 4PD)
Situated between the town of Haslingden and the village of Helmshore, and easily reached from the M66. To the east there is an extensive area of moorland. The Grane Valley, including 3 reservoirs, lies to the west and the area forms part of the West Pennine moors. The area attracts walkers and hikers alike of all ages. The city of Manchester is just 19 miles to the north, and Bury and Blackburn are just 20 mins away. The town is notable for its stone quarrying and situated on the hills above Haslingden is the 'Halo', a panoptical artwork which opened in 2007 and is an impressive view point as the centrepiece of a reclaimed landscape. The composer Alan Rawsthorne and Manchester City and England footballer Colin Bell were born here.
|
| |
Is this a home-based business? |
No |
| |
Can this business be relocated? |
No |
| |
Is this business part of a franchise? |
No |
|
|
