Financial Details
Asking price: £127,950
Sales revenue: £282,000
Net profit: £57,000
Fixtures value: Undisclosed
Stock value: Undisclosed

  • Photograph of this business for sale

Business Description
Advent Business Sales is pleased to offer to the market this extremely well established ‘drinkers’ pub.

It has a trading history spanning over a century, with a loyal following producing a healthy net profit.

The current vendor has been in ownership for the last 5 years. The decision to sell has been taken with retirement in mind.

The owner resides nearby and has informed us that he is willing to conduct a detailed hand over period to ensure the successful continuity for a new owner, after which he will still be on hand if needed.

The business is a genuine sale due to retirement, which has created a superb opportunity for a new publican.

The pub is wet led and is known as a ‘drinkers’ pub.

Many teams have chosen the pub as their main point of meeting, these include:
• Pool team on Monday nights
• Darts team on Tuesday nights
• Quiz team on Wednesday nights
• Poker occasionally on a Thursday night
• Golf Society meeting – once a month
• Deep sea fishing – once a month
• Football team on Wednesday nights and Sunday afternoon

Sandwiches are provided for the meetings on Monday, Tuesday and Wednesdays.

In addition, a charity function is conducted once a year. Outdoor barbecues take place 4 – 5 times per year.

Our client has built upon and maintained the excellent local reputation.

The business is run by one part time cleaner, 1 part timer and on a part time basis by the two owners.

The public house has a capacity for 250 people.
REF: 8903S
General Information
Trading hours:Mon – Sun: 12 noon – 1.00am
Property:Leasehold
Lease terms:TENURE: Leasehold Original lease: 20 years Remaining lease: 15 years Review every: TBC Rent: £25,000 P.A. Brewery: Avebury Taverns We are advised that the annual business rates are currently: £6,000 We have copies of the 2008 and 2007 accounts as well as the lease.
Living accomodation:BUSINESS PREMISES The public house briefly consists of: Ground Floor • Main bar – well maintained • Comfortable seating area • W/c’s • Pool room First Floor • The living accommodation is of a good standard • Lounge/diner • Two double bedrooms • W/c and shower • Kitchen area External • Outdoor smokers area • 5 benches and tables – patio area • 7 – 8 parking spaces
Location:Our client is located on a very busy main road leading to and from a large roundabout which affords the locality with a very high volume of passing vehicular traffic. This invariably gives our client a clearly high visual profile.

There are several businesses within the immediately vicinity including a café, garage, carpet and bed warehouse, a chip shop and several eating establishments.

The surrounding area consists of a densely populated housing area consisting of mainly terraced properties and flats. The business has parking for approximately 7 – 8 cars and is best accessed via junction 37 of the M1 motorway network.
Financing available:Please let us know if you require finance for the purchase of a business.
Related documents:PDF document iconSales Particulars

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