| (REF: G4827L) Fine Example Of An Unopposed Friendly 17th Century Village Inn |
| |
| Seller Reference: |
G4827L |
| B4S Reference: |
32016 |
| Asking Price: |
£49,000
|
| Net Profit: |
|
| Sales Revenue: |
|
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Market Rasen, Lincolnshire, United Kingdom |
| |
Our clients have run the business for the last 3 years and are now looking to move on to a new venture allowing another party to enjoy the life style and profits they have generated for themselves. Sales show circa £207,986 gross of vat with a GP of around 60% leaving a potential disposable NET PROFIT, depending upon personal circumstances of £39,000 pa.
THIS IS A BUSINESS OPPORTUNITY NOT TO BE MISSED AND IS A MUST FOR EARLY INSPECTION
|
| |
Property: |
Leasehold |
| |
| |
Lease Terms: |
We are instructed to offer the business for sale as a Free of Tie lease of 21 years from 2008. Rent being £29,000p.a reviewed every 3 years & Landlord & Tenant Act protected. (GA-SELECT could assist with the financing of this transaction). |
| |
| |
Current Rent: |
£29,000 p.a |
| |
| |
Living Accommodation: |
Yes |
| |
| |
Details of Accommodation: |
The owner’s accommodation is substantial and well presented and briefly comprises of four bedrooms, lounge, kitchen, bathroom with WC and separate shower room. To the left of the stairs leading to the accommodation are two large storage areas which could be developed with the appropriate planning permission, to provide additional accommodation or letting room. There is a private garden for use of the owner. |
| |
| |
Location: |
The village of Glentham is located to the east of Gainsborough on the A631 close to its junction with the A15 Lincoln Road and the M180 (excellent local schools are available for families).
Glentham has a growing affluent population and its close proximity to Market Rasen with all season horse racing and the east coast make it a perfect stop off point for race goers and holiday makers. The Inn is located unopposed in the centre of the village from which it receives plenty of support, with an easy access car park (suitable for coaches to pull in) direct from the A631. The Inn is set within a large plot consisting of the main building, a car park to the side of the property, a number of outbuildings to the rear which are currently used for storage, but could be developed.
|
| |
Is this a home-based business? |
No |
| |
Can this business be relocated? |
No |
| |
Is this business part of a franchise? |
No |
|
|
