| (REF: 1124) Public House In Edinburgh For Sale Location: |
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| Seller Reference: |
1124 |
| B4S Reference: |
32003 |
| Asking Price: |
£124,995
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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: |
Edinburgh, Edinburgh, United Kingdom |
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Key Features:
• Currently turnover of £7,000 p/w with scope to increase
• Substantial character premises situated in large grounds
• Prime trading position on historic town centre outskirts
• Comes with spacious 3 bedroom accommodation
• Spacious bar facilities
• Secure renewable lease on favourable rental terms
• Fantastic opportunity for husband and wife partnership
• Priced for quick sale due to retirement – Early viewing essential
The Business
The Telford Arms is well established, founded in 1959 and has been in the hands of the current proprietors since 2007. Due to being so well established, the business enjoys the added benefits of a regular and consistent client base, as well as the trading position making it a focal point for the local community. The business is famous for its fresh fish supplied from local sources, and is established as a fantastic public house in order for customers to relax, enjoy great food and drink, and be entertained. A large position of business comes from the passing trade the public house enjoys due to being based on a prominent roadside position.
The business currently offers the sale of both alcohol and food, and it is believed that approximately 60% of the turnover is generated from dry sales, and the remaining 40% from wet sale. The bar facility offers a range of beers, wines and spirits associated with a public house of this kind. The menu incorporates a variety of classic dishes, as well as side orders and coffees. The business has a dart board, as well as large screens showing live sport coverage.
The business could be expanded considerably in regards to expansion of the already successful menu, and there could also be further expansion of the entertainment the public house provides. A more vigorous marketing package could be incorporated in order to advertise the already successful public house in further depth. A website would no doubt benefit the public house and increase on already impressive levels of turnover and profitability. We would strongly recommend a viewing to see the full potential this business has to offer and to avoid disappointment.
Beer is bought through the source of Punch Taverns.
Situation
The business it situated within a populated residential area of Edinburgh, approximately three miles from the busy and vibrant city centre. The bar benefits from its much sought after location; serving the local community as well as having high levels of footfall and passing trade. With close links the major roads, The Telford Arms is easily accessible, and enjoys all the commercial advantages of such a prominent trading location.
Financial Information:
The business currently has a turnover of £7,000 per week, totalling £364,000 per annum with huge scope to increase.
Lease:
The premises had an original lease of 20 years, with 15 years remaining. Reviews are to take place.
Rent:
The rent currently stands at £44,000 per annum.
Trading Hours:
Monday: 9:00am – 12:00am
Tuesday: 9:00am – 12:00am
Wednesday: 9:00am – 12:00am
Thursday: 9:00am – 1:00am
Friday: 9:00am – 1:00am
Saturday: 9:00am – 1:00am
Sunday: 9:00am – 1:00am
Property:
This well maintained and spacious public house consists of a friendly and inviting bar area, where dining facilities are available throughout the open planned area. Decorated to a fantastic finish throughout, the bar has a full range of optics, as well as payment facilities at the till point located at the bar area. There is substantial room, with a capacity of up to 200 at any one time. The Telford Arms also has separate male and female WC/washroom facilities associated with a business of this nature. There are also kitchen facilities to the rear, fitted to a high modern standard.
The property also consists of living accommodation in the form of a one bedroom flat above the premises. These are ideal as living quarters for owner accommodation, and consist of one double bedroom, a dining/living room, kitchen area, as well as a fully fitted bathroom.
Externally:
Occupying a prominent trading position, with excellent access to local amenities and attractions the popular city of Edinburgh has to offer. The premises are well signed and attractively presented within the large surrounding grounds. There is a large private car park which is capable of accommodating approximately twenty vehicles at any one time. There is also an outside seating area, which is currently used as a beer garden as well as hosting a smoking area.
Fixtures & Fittings:
The business is well fitted throughout and there is a valuable inventory of equipment to be included in the sale price.
Viewing and Confidentiality
All arrangements to view are strictly by an appointment through the Offices of Local commercial. And no approaches whatsoever should be made to the owner or the business.
Quote REF 1062
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
Consist of one double bedroom, a dining/living room, kitchen area, as well as a fully fitted bathroom |
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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: 9:00am – 12:00am
Tuesday: 9:00am – 12:00am
Wednesday: 9:00am – 12:00am
Thursday: 9:00am – 1:00am
Friday: 9:00am – 1:00am
Saturday: 9:00am – 1:00am
Sunday: 9:00am – 1:00am |
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