Financial Details
Asking price: £79,950
Sales revenue: £219,341
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed

  • Photograph of this business for sale

Business Description
Advent Business Sales pleased to offer to the market, this extremely well established pub which as been trading as such since 2003.

The current owner has been in constant ownership from its inception.

The owner is reluctantly selling due to poor health reasons within the family.

Our client originally bought the building as an old ‘Liberal club’ but soon had the building fitted and redesigned internally as it is today, with light stained wood, beige and terracotta walls, subtle spot lighting and contrasting yet pleasantly matching carpets throughout.

This high standard of décor and equipment also extends to such public areas as the toilets as well as the commercial kitchen.

The building comprises of an L shaped bar to a large main bar area fronted by a games room with a pool table and dart board and toilets.

To the right is a second bar area with table seating, a doorway at the rear leads onto a function suit with its own separate bar and entrance lobby with store room, ladies & gents W/C, changing room for attending artists and a cloakroom.

Central to all these rooms is a commercial kitchen and ground floor cellar.

The function room is licensed for 150 people but can be extended into the adjacent second bar area to cope with extra capacity.

Within this room is a stage area with sound/Disco equipment.

On Sundays, a traditional English roast is on offer and a very good mobile servery and hot meat counter is located at one end of the second bar room.

At present, this room is mainly used for weddings, funerals major family celebrations etc, although at the moment the food only accounts for 30% of the turnover, the menu has been carefully researched and offers good quality bistro cooking at very reasonable prices, alternating from lighter fare at lunchtime and more substantial offerings for the evening.

The pub also holds events in the lounge on a Saturday evening and has 2 websites.

Stock is in the region of £3,500.

REF: 8890DN


General Information
Employees:The business is staffed by the husband and wife with 1 full time chef and 3 part timers.
Property:Leasehold
Lease terms:TENURE: Leasehold Original lease: 25years Remaining lease: 24 years Review every: 3 years Rent: £33,644 We are advised that the annual business rates are currently: £6,900
Location:Our client’s pub is conveniently located off the town centre off an attractive South Humberside town. It’s positioning ensues that its regular local customers are not bothered by a rowdy element. The M180 motorway is close and links to the M18 and onto the M1/M42/M5/M62.

The Humber bridge is near with the North sea Ferry port of Hull.

Two local airports also are in the region. Although essentially rural the area has a lot of very successful industries.

Financing available:Please let us know if you require finance for the purchase of a business.
Related documents:PDF document iconSales Particulars

Advert Options