Thriving Public House In Thropton Northumberland

Thropton, Northumberland
Price: £ 95,000
Seller Reference: 3233
Asking Price: £75,000
Net Profit:
Sales Revenue: £300,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold

Business Summary

Preferred Commercial is delighted to offer for sale this thriving public house, which was established in 1830 and which has been in our client’s careful hands since 2000. The pub is only now being offered to the market due to our client’s ill health. The business trades 7 days a week and generates a turnover in the region of �300,000 per annum. Our client offers an extensive range of real ales, fine wines and spirits, along a selection of food. We feel the turnover could be further increased by extending the range of food available. There is also scope to embark on a modest marketing campaign to promote the business further by establishing a website. The pub is well-supported by the local community, with 3 dart teams and 2 pool teams as well as hosting functions and parties. The business has an enviable reputation and enjoys much repeat trade. The premises boast a spacious bar area and commercial kitchen. There is a self-contained 1-bedroom cottage with lounge, kitchen and bathroom, which is currently let out for �50 per week. The property has been fitted to a high standard and is well-maintained throughout. This is an ideal opportunity to acquire an already busy public house with scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.

Thriving public house, which was established in 1830 and which has been in our client's careful hands since 2000. The pub is only now being offered to...

Property Infomation

  Property: Leasehold
 
  Lease Terms: Original length: 21 years
Remaining: 11 years
Review: every 5 years
 
  Current Rent: �27,000 per annum
 
  Living Accommodation: Yes
 
  Details of Accommodation: 19th century 2-storey detached public house premises with a self-contained 1-bedroom cottage. Briefly comprising:

Ground Floor
� Snug room with tables and chairs for approximately 14 covers
� Bar with a range of seating for up to 20 people and boasting original feature fireplace
� Main bar area with 13 points of dispense, electronic cash register, bottle chiller, glass washer, tables and chairs for up to 20 and feature wood burning fire
� Dining room with tables and chairs for up to 24 covers
� Office
� Pool and function room with pool table, jukebox, slot machine and tables and chairs for up to 24
� Commercial kitchen with 6-burner range, 2 x fryers, stainless steel work surfaces, 2 x microwave ovens, 2 x refrigerators, 2 x freezers, sink unit and storage area
� Beer cellar

First Floor
� Double bedroom with en-suite bathroom
� Double bedroom/office
� WC with wash hand basin
� Lounge with feature fireplace

External
� Beer garden
� Parking for up to 15 vehicles

Cottage
Self-contained cottage currently let out for �50 per week
� Bedroom
� Bathroom
� Lounge
� Kitchen
 
  Location: The Cross Keys occupies substantial detached 2-storey premises, ideally located in a prominent trading position in the village of Thropton, Northumberland. The premises benefit from ample private parking and are surrounded by picturesque countryside. The business is situated on a busy tourist route and enjoys much passing trade. Thropton is a rural, affluent village and is a highly desirable place in which to live. Northumberland National Park is a short drive away, making the village an ideal base for tourists and day trippers. The premises boast easy access to the A-road network, including the A697 and the A1. Rothbury lies 1.4 miles to the east, while Newcastle Upon Tyne lies 30 miles to the south.

Other Details

  Property: Leasehold
 
  Lease Terms: Original length: 21 years
Remaining: 11 years
Review: every 5 years
 
  Current Rent: �27,000 per annum
 
  Living Accommodation: Yes
 
  Details of Accommodation: 19th century 2-storey detached public house premises with a self-contained 1-bedroom cottage. Briefly comprising:

Ground Floor
� Snug room with tables and chairs for approximately 14 covers
� Bar with a range of seating for up to 20 people and boasting original feature fireplace
� Main bar area with 13 points of dispense, electronic cash register, bottle chiller, glass washer, tables and chairs for up to 20 and feature wood burning fire
� Dining room with tables and chairs for up to 24 covers
� Office
� Pool and function room with pool table, jukebox, slot machine and tables and chairs for up to 24
� Commercial kitchen with 6-burner range, 2 x fryers, stainless steel work surfaces, 2 x microwave ovens, 2 x refrigerators, 2 x freezers, sink unit and storage area
� Beer cellar

First Floor
� Double bedroom with en-suite bathroom
� Double bedroom/office
� WC with wash hand basin
� Lounge with feature fireplace

External
� Beer garden
� Parking for up to 15 vehicles

Cottage
Self-contained cottage currently let out for �50 per week
� Bedroom
� Bathroom
� Lounge
� Kitchen
 
  Location: The Cross Keys occupies substantial detached 2-storey premises, ideally located in a prominent trading position in the village of Thropton, Northumberland. The premises benefit from ample private parking and are surrounded by picturesque countryside. The business is situated on a busy tourist route and enjoys much passing trade. Thropton is a rural, affluent village and is a highly desirable place in which to live. Northumberland National Park is a short drive away, making the village an ideal base for tourists and day trippers. The premises boast easy access to the A-road network, including the A697 and the A1. Rothbury lies 1.4 miles to the east, while Newcastle Upon Tyne lies 30 miles to the south.