Substantial Free Of Tie Pub/Hotel

Undisclosed, Durham
Price: £ 540,000
business for sale
Seller Reference: kbs 40118
Asking Price: £540,000
Net Profit:
Sales Revenue: £364,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold

Business Summary

The business has been under the ownership of our clients since 2007, and has seen a full refurbishment during their period of ownership. Having previously not traded, the property has seen significant and ongoing investment to bring it to its now excellent standard. A traditional public house that has strong wet sales; the business also has a restaurant with approximately 40 covers that offers traditional home cooked fayre and 7 well appointed en-suite letting bedrooms that are used predominantly by contractors during the week. The business has Sky Sports shown on its HD and 3D TV�s, a pool team, 2 darts teams and also hosts popular events during the evenings such as bingo and quiz nights which attracts additional custom.

County Durham, weekly takings £7,000, semi-rural location, superbly presented throughout, low overheads, 7 letting rooms, restaurant & bar, 1 bedroom owner’s accommodation, Business & Property price £540,000sav...

Property Infomation

  Property: Freehold
 
  Living Accommodation: Yes

Other Details

  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No