| (REF: G4819L) Easy To Run National Forest Village Pub |
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| Seller Reference: |
G4819L |
| B4S Reference: |
30255 |
| Asking Price: |
£24,950
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| Net Profit: |
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| Sales Revenue: |
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| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Netherseal, Derbyshire, United Kingdom |
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THE BUSINESS
Our clients have owned the business for circa 7 years and has been run quietly and at their own pace with self imposed limited trading hours whilst our client ran a second pub that they own in Lincolnshire. We are informed that sales will show £2300 per week (annually £120,000 inc vat ) completely wet driven.
The pub has 2 pool teams and 2 football teams. Under the new ownership of an energetic focused owner it would be reasonable to expect sales to grow to £4,000 p/w if not more, providing a strong profitable and enjoyable business located within an exceptionally pleasant location.
WE HIGHLY RECOMMEND AN EARLY VIEWING OF THIS FREEHOUSE BUSINESS & FAMILY HOME – WE ADVISE TO CONSIDER THIS PUB AS A MATTER OF PRIORITY – VERY FEW PUBS COME TO MARKET OF THIS POTENTIAL AT THIS PRICE AND DEAL
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Property: |
Leasehold |
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Lease Terms: |
We are instructed by our private clients to offer by way of a NEW PRIVATE LEASE of negotiable length (suggest 15 years) and will be let completely FREE of TIE The business will be let on a starting rent of £18,200 thereon - Yr2) £20,000 - Yr3) £22,000 (plus VAT) set for the next 3 years plus index linking followed by 3 yearly reviews. The lease is fully protected under the Landlord & Tenant Act and renewable at its end for a further similar period at no further premium and will be assignable after a two year period (subject to reasonable approvals & references). Rent is payable monthly with 1 month in advance and a security deposit of £5000 will be required. Each party to pay their own expenses and the freeholder will pay the property insurance as a second rent. |
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Current Rent: |
£18,200 |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
OWNERS ACCOMMODATION
The tidy and comfortable owners accommodation have an entrance private from the main pub and comprises of 3 bedrooms, one of which is en-suite, a further family bathroom, living room and kitchen. Unusually there is a private garden for use of the owners |
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Location: |
LOCATION ( DE12 8DB )
The ancient village of NETHERSEAL, mentioned within the Domesday Book, lies on the borders of the Shires of DERBY & LEICESTER just 3 minutes from the M42 following the A444 which joins BURTON ON TRENT to the BATTLE FIELDS of BOSWORTH with Twycross Zoo and many family favourite destinations along the way. Travel towards Burton, the turning to the village is to the left, follow through the village past St Peters Church, the village post office and primary school then the pub is to the far end of the village set to the left just before the village hall on MAIN STREET. The villages residential housing is a mixture of new quality properties amongst more mature traditional residences with many noteworthy properties such as Netherseal Old Hall, a fully renovated Tudor Hall and Almshouses which date back many centuries. The River Mease ambles through the lower part of the village and through the lazy rambling countryside of the NATIONAL FOREST. |
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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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