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Business Details
Advert Ref : H7736

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Attractive stonebuilt detached VILLAGE FREEHOUSE





  

Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.

Summary:
Reference: H7736
Categories: Pubs
Wine bars
Other Pubs
Location: Herefordshire
Turnover: £ 4,800 p.w.
Price: £ 125,000 (Leasehold)
 
Location

Sought after locality HEREFORDSHIRE (Please register to make appointments and view addresses)

Features

Outstanding opportunity to acquire an attractive Stonebuilt Freehouse built we understand in approx.1500.

Full Oil Fired Central Heating

ATTRACTIVE LOCALS BAR with tiled floor, settles. Ample space for 50 persons. Central bar servery full range or real ale wickets and bright beer pumps.

Games Room

Dining area with seating for approx. 15 persons.

Fully equipped catering kitchen

Ladies' and gentlemen's cloakrooms

Beer Cellar

Located to the first and second floor. The top floor comprises 2 letting guest bedrooms.
Family bathroom
(This floor can be used either for guest letting or indeed additional private accommodation).

Turnover

WE ARE INFORMED the turnover averages £4,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending April, 2008 showed £235,000 inclusive of VAT.

Staff

The business is at present operated by a husband and wife team with the assistance of 2 part time staff.

Opening Hours

Sunday - 10 a.m. - 11 p.m.
Monday - Thursday inclusive - 10 a.m. - 12 midnight
Friday & Saturday - 10 a.m. - 1 p.m.

Accommodation

Situated on the first floor:

Private Lounge
Bedroom
Lobby office
Kitchen
Large family bathroom with spa bath, separate shower
Private secluded roof garden

Outside

To the side of the freehouse is a small patio area, ideal for the provision of smoking arrangements. To the front of the freehouse is a timbered bench area overlooking the brook, old bridge and lane leading to the historic church and castle ruins.
Rear lawned garden

Tenure

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 47 years unexpired at a rental of £20,000 p.a. exclusive of rates up to 2010, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £2,400 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

Price

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Reference H7736

Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.

             

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