Advert Ref: 9621SN
Public House With 36 Covers With Potential For Sale
- Wiltshire, United Kingdom
- Financial Details
- Asking price: £60,000
- Sales revenue: £130,000
- Net profit: Undisclosed
- Fixtures value: Undisclosed
- Stock value: Undisclosed
- Business Description
- Advent Business Sales is pleased to have been instructed to offer to the market this extremely well established public house which dates back over 400 years.
The current vendors have been in ownership for the last four years and are only now reluctantly offering the business for sale as they plan to emigrate to France.
Trade is currently split 60% / 40% between wet and dry. Wet sales are predominantly to customers who are all local to the village, whilst those eating in the restaurant do come from further afield as well as local people.
The pub has an excellent and popular thirty six cover restaurant which also caters for parties, christenings and wakes.
The kitchen is fully equipped for purpose and includes:
• 6 ring gas burner with oven under and extraction over
• Electric fan assisted oven
• Two deep fat fryers
• Electric grill
• Three upright fridges
• Two microwaves
• Four upright freezers
• Commercial dishwasher
• Chest freezer
• Under counter fridge
• Glass washer
• Ice maker
• Coffee machine
• Coffee percolator
• Coffee grinder
• Soup toureen
• Hot cupboard
• Stainless steel carvery
• Display unit
• Small wine chiller
The pub is staffed by a husband and wife team who both work full time with the assistance of one part timer who works approximately seven hours per week and other casual staff who work on an ‘As and
When’ required basis. They currently achieve gross weekly sales of approximately £3,000.
The decoration and fixtures and fittings are all in good order and the pub also has a great ambience.
We are advised that stock at cost is approximately £6,000.
REF: 9621SN
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
- General Information
- Trading hours:Mon and Tues: 11am to 2.30pm & 6pm to 10.30pm Wed and Thurs: 11am to 3pm & 6pm to 11pm Fri: 11am to 3pm & 6pm to 11.30pm Sat 12noon to 3pm & 6pm to 11.30pm Sun: 12noon to 3.30pm & 7pm to 10.30pm
- Property:Leasehold
- Lease terms:Leasehold Original lease: 10 years Remaining lease: 18 months Review every: 5 years Rent: £26,900 We are advised that the annual business rates are currently: £2,520
- Location:LOCATION
The pub has a high visibility location on the main through road in the centre of an affluent village in Wiltshire. - Premises Details:Spacious detached premises, which is partially Grade 2 listed and decorated to a high standard, it briefly comprises:
Ground Floor
• Front entry into lobby area, then into the lounge with facing bar servery, beamed ceilings, cigarette machine, 2 ceiling fans, gents w/c off hallway with ladies w/c
• 36 cover restaurant, carvery display, side access to car park
• Side access to commercial kitchen
• Bar area with rear servery, open fire, quiz machine, bandit, darts throw area, parkay floor, beamed ceilings
• Rear of bar with stairs off to private area comprising of 2 double and 1 single bedroom.
• Additional double bedroom/office, bathroom with shower over the bath and lounge
• Further stores area at the rear of kitchen which gives back access to the large car park, which can accommodate circa 20 cars, additional free of charge on street is also available locally.
The premises also benefits from having its own alarm system and has 4 camera CCTV. - Expansion potential:This is already a successful business it does however still offer good scope to increase both sales and profits by: 1. Having a takeaway option for the restaurant 2. Have offers, live music or other entertainment i.e theme nights/karaoke 3. Extend the pub and use as a convenience store – there is no shop in the village 4. The area is due to have an additional approximately 1,200 homes built, starting in 2012
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