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Home Businesses Pubs Essex Spacious Semi-detached Freehold Freehouse...

Advert Ref : H7809 Pubs for sale in Essex

Spacious Semi-detached Freehold Freehouse

Pubs,Wine bars,Other Pubs for sale in Essex

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Sought after position, just off the High Street and not from the harbour and sea front ESSEX.

Features We understand the property was built in approximately 1880 with an extension to the ground floor at rear in 1987/1988.

FULL GAS FIRED CENTRAL HEATING

ENTRANCE TO SPACIOUS BAR fully carpeted, wealth of artificial beams and uprights, 2 open fireplaces each with gas fires. Tables, armchairs, sofas plus high chairs providing seaing for in excess of 30 persons plus ample standing. Attractive long wooden bar with 2 'T' bars, 1 Guiness pump, optics, 3 double door glass fronted counter fridges, 2 electric cash registers, glasswasher, sink.

Ladies' cloakroom with 2 w.c's plus wash hand basin
Gentlemen's cloakroom fully tiled with urinal, 2 w.c's and wash hand basin

Ground floor beer cellar
Turnover WE ARE INFORMED the turnover averages 1,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours and with the introduction of catering. Obviously the business can continue to run as a Freehouse and in our opinion there is also potential for conversion into a Restaurant. We understand at the present time there are no Restaurants catering for Chinese cuisine in Brightlingsea, however, there is one Chinese Takeaway. We are further advised that the sales year ending 31st March, 2010 showed 45,960 with a gross profit of 33,243 (including gaming machines of 1,728).
Staff At present operated by a lady vendor with the assistance of her husband. No staff employed.
Opening Hours At present 5 evenings per week - Monday, Tuesday, Thursday, Friday & Saturday - 4 p.m. - 11 p.m.
The business is closed all day Sunday & all day Wednesday
It will be appreciated upon inspection that there is potential for additional opening hours.
Accommodation The SPACIOUS living accommodation also with FULL GAS FIRED CENTRAL HEATING (separate boiler),fully CARPETED, comprises:

First Floor
5 Bedrooms (4 doubles, 1 single)
Fully tiled bathroom with bath, w.c. and wash hand basin
Separate shower room with large shower plus wash hand basin

Ground Floor
Lounge
Fitted kitchen/breakfast room
Outside Garage used for storage at present
Secluded paved courtyard with 5 tables plus bench seating for approximately 25 persons.
Tenure Uniform Business Rates: 710 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE MAY, 2002 AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED
Price TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 275,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Please call 020 8763 1777 for an appointment to view
Reference H7809

             

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Pubs for sale in Essex

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Business Summary
Reference: H7809
Accom: Yes
Turnover: 1,000 p.w.
Freehold: 275,000

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Finance the Purchase
We can lend you up to 193,000 to purchase this business subject to status, with a house or additional security you maybe able to borrow the full amount.


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