Pub with Brewery and Snooker Club in Hertfordshire For Sale

Situated in a Parade, just off the main road trading position, residential, office and commercial area, Hertfordshire.

Turnover £ 4,000
Price £110,000

Features

Brewery and Tap Room Plus Snooker Hall

SINGLE FRONTED PREMISES, vinyl floor, LED lighting. Bar with 14 taps, EPOS till. Tables and chairs providing seating for 28 People

Brewery room with 2.5 barrel brewing kit, 500 litre termination vessels, ancillary equipment, steam boiler, pumps, malt table seating 14 people, etc.

Toilet with w.c. and wash hand basin.

Kitchen, fridge, double sink and drainer, racking

Double door to Snooker club, additional bar (not utilised)

3 Snooker table

1 Pool table.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a Gross profit of 65% approx. - Snooker Club with 100 member £60 per person per year and £10 per hour

Staff

The business is at present operated by the vendor with 1 full time & 2 part time staff.

Trading Hours

7 Day week (12pm Licence)
SUNDAY - THURSDAY MONDAY - SATURDAY 2pm - 10pm
Fri and Sat 2pm - 11pm

Outside

Not registered Yard for storage

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (vendor) granted for 7 years in 2019 with reviews every 7 years (next review 2026) at a current rent of £16,000 p.a.

SOONKER CLUB WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (vendor) granted for 7 years in 2019 with reviews every 7 years (next review 2026) at a current rent of £14,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 55,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote