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WE ARE INFORMED the turnover averages £5,800 p.w. all wet sales, in our opinion offering tremendous potential for further increase in the right hands. Gross profit 50% approx.
Price
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £20,000 or near offer plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
SPACIOUS BAR, wooden floor plus partly carpeted. Tables, chairs plus bar stools providing seating for 45 persons. Large Television Screen. Bar with 3 hand pumps, optics, glasswasher, 2 double door glass fronted counter fridges, sink, computerised electronic till.
Ladies cloakroom with 2 w.c's and wash hand basin
Gentlemen's cloakroom with w.c. urinal and wash hand basin
Level kitchen. The equipment includes 6-burner gas cooker, double deep fryer, 1 upright deep freeze, 1 upright stainless steel fridge, double sink and drainer, stainless steel tables etc.
Basement providing large beer cellar plus storage room
Staff
The business is at present operated under management. Staff employed 1 full time manager plus 1 additional full time and 4 part time staff. Wages paid in the region of £800 p.w. In our opinion with an active husband and wife team the wage bill could be reduced.
The SPACIOUS living accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:
5 Bedrooms (3 doubles, 2 singles)
2 Bathrooms each with bath, w.c. and wash hand basin
Lounge
Office
Kitchen
Outside
Patio plus 2 outbuildings
Tenure
We understand the premises are held on a secure renewable Brewery Lease, the present lease expiring in September, 2013 at a current rental of £28,500 p.a. exclusive of rates. We further understand that the rent increase is linked to the Retail Price Index each year.
