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Location |
Excellent High Street trading position, densely populated residential and commercial area, GLOUCESTERSHIRE
(Please register to make appointments and view addresses)
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Features |
Outstanding opportunity to acquire a spacious Public House in our opinion offering tremendous potential for further development in the right hands.
FULL GAS FIRED CENTRAL HEATING
Entrance to SPACIOUS BAR with woodstrip floor, ceiling and wall lighting. Large bar, 14 hand pumps, 2 double door counter fridges, optics, 2 electronic cash registers. Tables and chairs providing seating for 50 persons plus ample standing. Pool Table (on rental).
Ladies cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with w.c. urinal, wash hand basin
Large rear decked area (providing smoking area). Tables and chairs providing seating for 20/30 persons.
Large Beer Cellar (cooling system owned)
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Turnover |
WE ARE INFORMED the turnover averages £3,500 p.w. (wet sales only), in our opinion offering tremendous potential for further development, especially with the introduction of catering. Gross profit 55% approx. In addition machines profit of approx. £150 p.w. Also in addition there is substantial income from the letting accommodation.
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Staff |
The business is at present operated by the owners with the assistance of a full time manager plus part time casual staff.
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Opening
Hours |
10 a.m. - 12 midnight seven days per week
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Accommodation |
LETTING ACCOMMODATION
5 Double Bedrooms (each let to single persons on shorthold tenancies). 2 of the rooms providing a rental income of £63 p.w. each whilst the other 3 rooms provide a rental income of £80 p.w. each.
Shower room with shower, w.c. and wash hand basin
Separate cloakroom with w.c. and wash hand basin
First Floor
4 Additional Double Bedrooms (2 could readily be used as family bedrooms)
Shower room with shower, w.c. and wash hand basin
Cloakroom with w.c. and wash hand basin
It will be appreciated upon inspection that these 4 rooms could also be let on shorthold tenancies, if desired.
In addition there is a SELF CONTAINED FLAT utilized by the manager comprising:
2 Double Bedrooms
w.c. and wash hand basin
Bathroom with bath, w.c. and wash hand basin
Ground floor kitchen (not used at present)
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Outside |
Car parking at rear for 18/20 cars
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Tenure |
We understand the premises are held on a secure renewable lease from Punch Taverns, the present lease having approximately 4 years unexpired at a rental of £33,540 p.a. fixed for the remainder of the term.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
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Price |
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Reference |
H7740 |
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