The Public House is leased from Punch Taverns and we understand is tiled for beers including bottled beers only.
Outstanding opportunity to acquire a spacious well equipped Public House, which in our opinion has tremendous potential for further development in the right hands.
Side driveway to car park for 12/14 cars. A number of the spaces are let and provide a rental income of £75 per month, per space.
Large Beer Garden, part timber covered top with tables and chairs providing seating for 60 persons.
Front entrance to spacious Bar plus Restaurant area. Quality tables and chairs plus bar stools providing seating for 80/90 persons. We understand the bar area is licensed for up to 300 persons, including standing. Large wooden bar, fully equipped including 12 hand pumps, 1 double door counter fridge, 3 single door counter fridges, glasswasher, automatci coffee machine, 2 computerised scanning tills, large screen, 2 plasma 42" screens, 2 additional televisions. CCTV system with 21 cameras, 3 monitors plus recording system.
Spacious fully equipped catering kitchen, mainly stainless steel equipment including BBQ grill, 2 deep fryers, solid top gas cooker, 4-door stainless steel Williams counter fridge, 1 upright stainless steel deep freeze, commercial dishwasher, sink and drainer, wash hand basin, stainless steel tables etc.
Stairs to first floor
Ladies cloakroom with 3 w.c's, 2 wash hand basins
Gentlemen's cloakroom with 3 urinals, w.c. 2 wash hand basins
Office
Staff cloakroom with w.c. and wash hand basin
Large cellar with spacious beer cellar, walk-in coldroom, walk-in deep freeze, ice machine, ample storage area
Turnover
WE ARE INFORMED the turnover averages £7,500 p.w. in our opinion offering tremendous potential for further increase, especially with the development of the catering side of the business. (We understand the split of turnover is approx. 80/85% wet sales with the balance of only 10/15% in respect of catering at the present time).
Staff
The business is at present operated by a husband and wife team with the assistance of 3 full time bar staff plus 2 full time chefs. Wages paid in the region of £1,000 p.w.
First Floor
3 Large Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Large fully fitted Kitchen
Stairs to second floor providing 3 additional Double Bedrooms
It will be appreciated upon inspection that there is protential to let the accommodation as individual rooms, each room providing a rental income of £70/£80 p.w. approx.
Outside
Beer Garden
Car Park
Tenure
We understand the premises are held on a secure renewable Brewery lease, the present lease having approximately 18 years unexpired at a current rental of £41,000 p.a. exclusive of rates, linked each year to the Retail Price Index for the next 3 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £11,000 p.a. approx. + water rates
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
REALISTICALLY PRICED FOR EARLY SALE
Price
OFFERS TO INCLUDE THE SECURE, LEASE, GOODWILL, FIXTURES, FITTINGS & FURNISHINGS in the region of £130,000 plus STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
