Kettering, Northamptonshire, NN14
High Street trading position, NORTHAMPTONSHIRE.
Turnover £ 3,500
We understand that plans have recently been passed for a new housing estate of approx. 750 houses, at the entrance to Brackley. We further understand that The Bell will be the nearest public house to this estate.
Outstanding opportunity to acquire a spacious Public House tied to Enterprise Inns for beers only. We understand recently refurbished throughout. The Public House now has the advantage of 3 pool teams, 3 darts teams, rugby team and cricket team.
The features include:
Spacious newly refurbished Function Room
Owner's fully Centrally Heated Private Accommodation
Lawned Beer Garden
Small Private Garden
Car Parking for 20 cars
The property is constructed of local stone.
Entrance to ATTRACTIVE LOUNGE BAR, fully carpeted, open fireplace. Tables, chairs plus bar stools providing seating for 30 persons. Beamed ceiling. Attractive brickwork. Bar with 3 real ale pumps, optics, glasswasher, 2 double door glass fronted counter fridges, electronic cash register.
Entrance to PUBLIC BAR, fully carpeted, beamed ceiling, open fireplace. Tables and chairs plus bar stools providing seating for 30 persons. 1 42" plasma screen plus 1 additional screen. Behind bar central computer system for music and TV system, the present owner has Sky television. Pool table plus games/quiz machine (both on rental).
Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with 3 urinals, w.c. and wash hand basin
Kitchen newly fitted including stainless steel extractor unit. The equipment includes 6-burner gas cooker, double deep fryer, 2 white fridges, 2 chest deep freezes, 1 upright deep freeze, 3 commercial microwave ovens, double sink and drainer, wash hand basin.
From the ground floor there is a staircase to -
First Floor SPACIOUS FUNCTION ROOM all newly refurbished and newly fitted at we understand a cost of in the region of £100,000. The Function Room has a quality laminated strip floor and will accommodate up to 100 persons. Tables and chairs. Bar with hand pumps. 2 air conditioning units plus full gas fired central heating.
Customer's cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £4,500 p.w. mainly wet sales, however, we understand that food is served Tuesday - Friday incl. from 12 noon - 2 p.m. In our opinion, there is potential for additional catering. Gross profit 55% approx.
The business is at present operated by a husband and wife team with the assistance of 3 part time staff.
The owner's private accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:
3 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Glass roofed patio area providing an ideal customer's smoking area.
Beer Garden with lawn, tables and bench seating.
Brand new decking in the garden
Tarmaced Car Park for approx. 20 cars
We understand the premises are held on a secure renewable lease having 9 years unexpired from June 2011, at a current rental of £31,000 p.a. exclusive of rates up to June 2014, with rent reviews thereafter.
Uniform Business Rates: £9,841 p.a. approx.
OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED AND WELL EQUIPPED PUBLIC HOUSE, WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.
RECOMMENDED FOR EARLY INSPECTION
PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £59,995 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT