Traditional Pub in West Midlands For Sale

Detached property, unopposed trading position, residential area, West Midlands.

Turnover £ 3,000
Price £295,000

Features

Freehold Pub

DOUBLE FRONTED FREEHOUSE with wood strip floor, hanging light. Bar with seating for 2 People, cash register, 9 taps, under counter drinks display fridge (glass fronted upright double-door). Tables and chairs providing seating for 35 People including bench seating.

Stock room with fridge, freezer, glass washer

Back room with seating for 15 people, TV and dart board.

Ladies' (with disabled access) & gentlemen's Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the Husband & Wife team with the assistance of 2 part time staff.

Trading Hours

7 Day week
SATURDAY - MONDAY - 12 noon - 11pm
Tue - Fri 1.30pm - 11pm

Accommodation

THE ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows. The accommodation comprises:

3 double Bedrooms
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Outside

Small beer garden

Parking space for 2 car.

Tenure

FREEHOLD.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1999, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £295,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 206,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote